About the book

“I have used the book in classes with Master level students. It adopts a user perspective and presents an international diversity of formats and terminology within both the real-life examples, and the body of the text itself.”
Ignace De Beelde, Professor, University of Ghent

“This completely updated and timely textbook is written by experienced professors and can be utilized by many students globally – accounting regulations are so important and they change rapidly.”
Tomo Suzuki, Professor, Saïd Business School, University of Oxford

“A very clear introduction to accounting which provides excellent insight, and is directly relevant to practice.”
Dr Richard Barker, Judge Business School, University of Cambridge

“This new edition is a great book for accounting and fi nance students.”
Dr Agnieszka Herdan, Business School, University of Greenwich

Now in its third edition, this respected and widely used book provides an essential introduction to financial accounting and reporting for business and management students around the world.

Written from the ‘user’ rather than the ‘preparer’ accounting perspective, the book provides clear and comprehensive guidance on all the complex concepts and issues in accounting and reporting, together with explanation of the more technical aspects of accounting transactions.

The book has a strong international perspective (being based on IFRS/IAS) and uses lots of
real-life worldwide company financial statements as examples, to enable students to see how issues appear in practice.

User-friendly tables, figures, and diagrams are extensively used throughout the commentary, to facilitate students’ understanding, and specific assignments are given at the end of every chapter to aid rapid and independent learning.

About the Authors:
Hervé Stolowy, Professor, HEC Paris, France
Michel J. Lebas, Emeritus Professor, HEC Paris, France
Yuan Ding, Professor, China Europe International Business School (CEIBS), Shanghai, China

New to this edition:

• REVISED content on all the latest IFRS developments
• NEW real-life examples and case studies (including some from China and India)
• NEW coverage of hedge accounting and fair value accounting
• EXPANDED coverage on financial assets in Chapter 10
• MAJOR development of financial statement analysis
• STRENGTHENED analysis of ratios

FINANCIAL ACCOUNTING AND REPORTING: A GLOBAL PERSPECTIVE
is ideally suited for the financial accounting and reporting modules taught in MBA,
professional management and undergraduate courses, around the world.