Includes bibliographical references and index.

Published accounts -- Overview of regulation -- Form and content of an annual report -- Academic research and reporting regulation -- The conceptual framework -- Reporting tax -- Reporting earnings and earnings quality -- Accounting for property, plant and equipment -- Accounting for intangibles -- Accounting for inventory -- Accounting for liabilities -- Introduction to consolidation -- The mechanics of consolidation -- In summary.

Financial reporting provides an overview of a business' profitability and financial condition in both short and long term. A hot topic in the current market climate. Financial Reporting and Regulation explains the meaning behind the rules of financial reporting, as opposed to just the implementation of these rules. It contains sufficient detail on the application of standards to enable the reader to appreciate the effects of the rules, and the logic behind them is described in terms of the reasoning and history behind their development. This will give readers a more informed insight of the regulations than many of the "practical" books currently on the market.