The Press Room is your 'one-stop-shop' for
keeping up to date with some of the items included in
the book: press articles about specific companies featured
in each chapter; the Annual Report and Accounts of Johnson
Matthey plc, reproduced and analysed in chapters 6 and
7; and accounting standards.
Articles
As you have read each chapter of the text, you will have
noticed that they each include at least one press article
featuring real business situations. These are each supported
with a commentary that highlights the practical application
of accounting and finance in the business environment.
In this section of the website we have provided
a direct link to the on-line version of each article,
and summary updates and commentary on these stories that
enable you to quickly and easily follow the fortunes of
the featured companies. We plan to update these every
few months.A website link is also given for each company
to enable you to investigate further.
To access these updates and links, please
select from the list below:
CHAPTER 1
Johnson Matthey
plc
In chapters 6 and 7 of the text, we
provided extensive extracts from the Johnson Matthey plc
Annual Report and Accounts for their 2000 financial year.
To enable you to obtain the latest (2001) and archived
Annual Report and Accounts, and other useful information,
below we have provided the link to the relevant section
of the Johnson Matthey plc website.
http://www.matthey.com/investors/index.html
Financial Reporting Standards (FRSs and SSAPs)
At various points in the book we referred
to the Statements of Standard Accounting Practice (SSAPs)
and Financial Reporting Standards (FRSs).
In Appendix 3 we include schedules
of all the SSAPs and FRSs in use at the time the book
went to print. These are also listed below:
Financial Reporting Standards (FRSs)
in force in the year 2001:
FRS 1 Cash flow statements
FRS 2 Accounting for subsidiary undertakings
FRS 3 Reporting financial performance
FRS 4 Capital instruments
FRS 5 Reporting the substance of transactions
FRS 6 Acquisitions and mergers
FRS 7 Fair values in acquisition accounting
FRS 8 Related party disclosures
FRS 9 Associates and joint ventures
FRS 10 Goodwill and intangible assets
FRS 11 Impairment of fixed assets and goodwill
FRS 12 Provisions, contingent liabilities and contingent
assets
FRS 13 Derivatives and other financial instruments: disclosures
FRS 14 Earnings per share
FRS 15 Tangible fixed assets
FRS 16 Current tax
FRS 17 Retirement benefits
FRS 18 Accounting policies
FRS 19 Deferred tax (effective from years ending on or
after 23 January 2002)
FRSSE Financial reporting standard for smaller entities
Statements of Standard Accounting
Practice (SSAPs) in force in the year 2001:
SSAP 2 Disclosure of accounting policies
SSAP 5 Accounting for value added tax
SSAP 9 Stocks and long-term contracts
SSAP 12 Accounting for depreciation
SSAP 13 Accounting for research and development
SSAP 15 Accounting for deferred taxation (effective up
to 2002)
SSAP 17 Accounting for post balance sheet events
SSAP 19 Accounting for investment properties
SSAP 20 Foreign currency translation
SSAP 21 Accounting for leases and hire purchase contracts
SSAP 24 Accounting for pension costs
SSAP 25 Segmental reporting
Periodically there are additions,
changes and withdrawals to these standards. You may view
updated schedules of the standards by visiting the Accounting
Standards Board web site.
