The seventh edition of this popular and established text, Financial
Reporting, combines financial accounting theory with a detailed
examination of the legal and regulatory framework of accounting.
The clear explanations, interspersed with activities and feedback
to stimulate interest in the topics, make it the ideal text for
second and third year students of accounting, MBA and professional
students. Financial Reporting has been completely revised and
updated to incorporate the first International Financial Reporting
Standard (IFRS 1), the latest Financial Reporting Standards (FRS)
and Financial Reporting Exposure drafts (FREDS). Written in a clear
and accessible style, the text covers the latest ASB documents up
to and including FRS19 on deferred tax. A supporting website
provides the Instructor's Manual on a password-protected part of
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