Includes index.

Includes bibliographical references and index.

Nature and regulation of companies Financing company operations Company operations Fundamental concepts of corporate governance Fair value measurement Accounting for company income tax Financial instruments Foreign currency transactions and forward exchange contracts Property, plant and equipment Leases Intangible assets Business combinations Impairment of assets Disclosure: legal requirements and accounting policies Disclosure: presentation of financial statements Disclosure: statement of cash flows Translation of financial statements into a presentation currency Consolidation: controlled entities Consolidation: wholly owned subsidiaries Consolidation: intragroup transactions Consolidation: non-controlling interest Consolidation: other issues Associates and joint ventures Joint arrangements Insolvency and liquidation.

This book has been updated to reflect the various and ongoing reforms as a result of Australia's adoption of international financial reporting standards. Containing several all-new chapters, this edition provides an overview of the various changes required within the Framework and a selection of key accounting standards governing corporate entities. The text provides students with an overview of the practice and principles of company accounting, and helps them develop the practical grounding to reinforce their understanding.

ACCY200 ACCY201 ACCY305