Contemporary Issues in Accounting is a new textbook, which offers a more applied introduction to a range of contemporary issues facing the accounting profession. The text presents a basic overview of the conceptual framework that governs the profession, before examining a series of contemporary accounting issues. The text is written for third-year undergraduate financial accounting subjects that seek to offer students a practical overview of financial accounting and the various contemporary issues facing the profession. Students will benefit from the \'plain English\' writing style, the broad issues-based approach with applications to business and the diversity of the accounting issues covered.
Preface. Acknowledgements. Chapter 1: Introduction to Contemporary Issues in Accounting. Chapter 2: The Conceptual Framework in Financial Accounting. Chapter 3: Standard Setting. Chapter 4: Measurement and its problems. Chapter 5: Products of the Financial Reporting Process. Chapter 6: Corporate Governance. Chapter 7: Environmental and Social Reporting and Accounting. Chapter 8: International Accounting. Chapter 9: Capital-market Research and Accounting. Chapter 10: Small and Medium-sized Entities. Chapter 11: Professional Responsibility. Chapter 12: Future Directions in Accounting.