Financial Accounting 9th Edition Craig Deegan |top| Jun 2026
┌────────────────────────────────────────────────────────┐ │ THE DEEGAN 10-PART CORE REPORTING FRAMEWORK │ └───────────────────────────┬────────────────────────────┘ │ ┌────────────────────┴────────────────────┐ ▼ ▼ [01. Environment & Regulation] [06. Industry-Specific (Extractive)] [02. Theoretical Foundations ] [07. Disclosure & Post-Balance Events] [03. Asset Recognition & Depr] [08. Group Structures & Consolidation] [04. Liabilities & Equity ] [09. Foreign Currency Translation] [05. Cash Flow Analysis ] [10. Sustainability & CSR Reporting] 1. The Reporting Environment & Framework
Step-by-step guidance through the intricate process of business combinations, foreign currency translations, and joint ventures. Why This Text Matters for Modern Professionals
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Deegan dedicates substantial chapters to complex asset and liability valuations. The text clarifies calculations around the present value of future cash flows, annuity calculations, and fair-value reporting mandates. 3. Strategic Financial Literacy
For instructors seeking a rigorous, thought-provoking text that prepares students for both professional exams and critical engagement with accounting policy, this textbook is highly recommended. For students, it demands commitment but rewards with a sophisticated understanding of why accounting matters. Theoretical Foundations ] [07
Integrates the latest changes for Financial Reporting. This affects fundamental definitions of assets, liabilities, income, and expenses, steering students toward modern global standards.
: Utilize Chapter 2, which covers the most recent changes to the IASB Conceptual Framework . Group Structures & Consolidation] [04
: Available as an eBook through platforms like VitalSource and Booktopia .
: Reference specific AASB or IFRS standards discussed in the text (e.g., AASB 116 for property, plant, and equipment).
Deegan, a leader in social and environmental accounting research, has significantly updated Chapter 32 , focusing on organizational responsibility beyond just shareholder profits. Core Content and Structure
The authority of this textbook stems directly from its author, , a highly respected figure in the world of accounting academia. Craig Deegan holds a BCom from the University of New South Wales (UNSW), an MCom (Hons) from UNSW, and a PhD from the University of Queensland, and is also a Fellow of Chartered Accountants Australia and New Zealand (FCA). He currently serves as Professor of Accounting at RMIT University in Melbourne, a position that has allowed him to shape the minds of countless future accountants.