An essential and intuitive treatment of financial accounting with an international perspective
The use of International Financial Reporting Standards is growing rapidly, both outside of the United States and within, especially as IFRS incorporates more US GAAP rules. In the newly updated fifth edition of Financial Accounting with International Financial Reporting Standards, a team of accomplished financial practitioners and educators delivers the newest version of their highly anticipated text. This important work offers practical end-of-chapter exercises and practice problems complete with foreign currency examples, as well as an emphasis on non-US companies and examples. It is perfect for accounting students seeking exposure to internationally utilized accounting standards.
NEW TO THIS EDITION
- NEW discussion of data analytics is integrated throughout the text, at an appropriate level of detail for introductory accounting students.
- NEW Data Analytics assignments at the end of selected chapters.
- MORE bulleted and numbered lists within the text highlight key information for students.
- UPDATED for IFRS, including fair value principle and historical cost principle to current value basis/historical cost basis.
- ADDED Answers to Insight box questions are included at the end of each chapter.
FEATURES
Activate knowledge application with real-world context.
Aid student understanding of current events and social and cultural issues with Environmental, Social, and Governance (ESG) Insights and ESG Reporting Cases that help students conceptualize current reporting practices and how ESG reporting may impact future financial accounting.
Introduce students to business challenges with Real-World Company Videos, found in WileyPLUS, that feature small businesses and larger companies and illustrate how business owners apply accounting concepts in real-time.
