BUSI4002 Accounting and Finance

Recommended Reading for Financial Accounting

Lecture 1: Key concepts

Aims and introduction

The Journey: Assuring All of the Annual Report? ICAEW report, 2013. Although focussed on
assurance, this provides useful background into the purpose of the annual report, in the context of
the introduction of the Strategic Report in 2013.

IASPlus has a useful summary of current regulations on narrative reporting.

If you really want to, you can access the relevant sections of the Companies Act 2006 here.

UK Context

Chapter 1, International Financial Reporting, A Practical Guide, Alan Melville (the 7 th Edition is
available online via the University library).

Or

Chapter 2, MBA Accounting, Roger Hussey

The Conceptual Framework

Chapter 2, pages 16-24, 27&28, International Financial Reporting, A Practical Guide, Alan Melville
(the page numbers refer to the 7th Edition is available online via the University library – we will cover
the rest of this chapter in the next section).

Or

Chapter 2, MBA Accounting, Roger Hussey

The Conceptual Framework itself is available at www.ifrs.org (you can access the unaccompanied
standards for free, you just need to register an account).