This second edition of Financial Accounting provides a thorough introduction to the subject for undergraduate and MBA students worldwide. Written in the context of International Financial Reporting Standards (IFRS/IAS), this truly international book draws examples from Europe, the US and beyond, including references to EU Directives.

The text is suitable for any student coming to the subject of financial accounting for the first time at whatever level, such as those taking a course on an accounting or business undergraduate degree, or as a part of an MBA programme.