A new student-oriented intermediate level textbook on thefundamentals and application of financial reporting regulations ... Breaking away from the tradition of dealing with thetechnicalities of the regulation of financial reporting in arelatively unchallenging and uncritical way, Financial Reportingand Analysis focuses on the reasoning behind the rules. Affording sufficient detail on the application of standards toenable the reader to appreciate the effects of the rules, the logicbehind them is portrayed in terms of the reasoning and historybehind their development, giving students a more informedinsight. NEW FOR ADOPTERS: Additional material is now available forlecturers wishing to use the book on a course.  The additionalmaterial covers: Earnings per share with worked examples and exercises (withsolutions) Corporation tax including detailed coverage of deferred taxwith worked examples and exercises (with solutions) Cash flow statements Interpretation of financial statements Post balance sheet events Segmental reporting For further details please visit the Instructor CompanionSite.