Principles of Islamic Accounting.

Cover -- Title Page -- Copyright -- Contents -- Preface -- About the Authors -- About the Companion website -- Chapter 1 The Islamic Accounting Environment -- Islamic Accounting -- A Brief History of Islamic Accounting -- Ethical Considerations in Islamic Accounting -- Islamic Principles Affecting Financial Reporting -- The Users of Islamic Accounting Information -- Financial Accounting and Management Accounting -- Islamic Accounting Services -- Sharia Auditing -- Zakat Accounting -- Other Specialist Areas of Accounting -- The Islamic Accounting Profession -- Types of Islamic Business Organisations -- Vocabulary -- Multiple-Choice Questions -- Discussion Questions -- Chapter 2 Recording Transactions and Market Values in Islam -- Accounting Concepts and the Islamic Sharia -- The Accounting Entity Concept -- The Time Period Concept -- The Cost Principle -- The Matching Principle -- The Profit Recognition Principle -- The Conservatism Principle -- The Going Concern Principle -- Social Accountability and Full Disclosure -- Market Value -- Transactions and the Accounting Equation -- Assets, Liabilities, and Equity -- Transactions Analysis Using the Accounting Equation -- Summary of Business Transactions -- Keeping Accounting Records in Islamic Businesses -- Double-Entry Accounting -- The T-Account -- Increases and Decreases in the Accounts -- Recording Transactions in the Journal -- Posting Entries from the Journal to the Ledger -- Flow of Accounting Data from Transaction to Ledger -- Balancing the Accounts -- The Trial Balance -- Correcting Trial Balance Errors -- Formats of Journals and Ledgers -- Chart of Accounts -- Owners' Equity Accounts: Revenues and Expenses -- The Financial Statements -- Using Accounting Information for Decision Making -- Vocabulary -- Multiple-Choice Questions -- Discussion Questions -- Exercises.