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Financial Accounting
An International Perspective
2nd Edition
The second edition of this
successful textbook builds on the strengths of the first by bringing the illustrative
financial statements up-to-date and extending the analysis of measurement problems in
accounting. To this end, a new chapter on alternative valuation approaches in financial
reporting has been added, focusing on accounting for changing prices.
The text is an excellent introduction to the basic principles of accounting, and is
particularly suitable for use with international groups of students with a background in
quite different reporting regimes. It is fully interactive and contains learning
objectives, real-world examples, an appreciation of international accounting differences,
worked examples and activities of both a reflective and computational type. The book
concludes with a reproduction of a full annual report of a company and a glossary of over
400 accounting terms.
308 pages