"Clear, up-to-date and understandable coverage of important issues from the International Perspective. Overall, an excellent text." Suzanne McCallum, University of Glasgow

The 18th edition of this market-leading text provides a comprehensive overview of financial

accounting and reporting, with the aim of ensuring you are able to prepare and also critically

discuss IFRS compliant financial statements. With balanced coverage of theoretical principles

and up-to- date practical application of current international standards, the authors provide

essential knowledge for advancing your studies and career.

New to this edition:

•  To aid logical progression through the text Chapters 1 and 2 now form Part 1 and provide a basic introduction to the subject, and Chapters 9 -11 on the Regulatory Framework have been brought forward to follow Chapters 3- 5
•  Chapter 14 Financial Instruments (IFRS 9) and Chapter 18 Leases (IFRS 16) have been rewritten
•  Chapter 30 Introduction to digital financial reporting has been expanded to assist readers who might wish to delve deeper into the access and use of XBRL company data
•  Chapter 32 Integrated Reporting: sustainability, environmental and social has been rewritten to reflect the growing interest in and importance of Integrated Reporting
•  Updated and revised exercises
•  Fully updated coverage of IFRS and IAS including latest IFRS 9 and 16.
•  Inclusion of potential Brexit implications where appropriate

Key features:

•  Exercises of varying difficulty including questions from past examination papers of professional accounting bodies
•  Illustrations taken from real-world international company reports and accounts
•  Extensive references included at the end of chapters
•  For lecturers, complete solutions to all exercises in book available on catalogue website

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Barry Elliott is a training consultant. He has extensive teaching experience at undergraduate,

postgraduate and professional levels in China, Hong Kong, New Zealand and Singapore. He has

wide experience as an external examiner in higher education and at all levels of professional

education.

Jamie Elliott is a director with Deloitte. Prior to this, he lectured on undergraduate degree

programmes and as Assistant Professor on MBA and Executive programmes at the London

Business School.

· To aid logical progression through the text Chapters 1 and 2 now form Part 1 and provide a basic introduction to the subject, and Chapters 9 -11 on the Regulatory Framework have been brought forward to follow Chapters 3- 5

· Chapter 14 Financial Instruments (IFRS 9) and Chapter 18 Leases (IFRS 16) have been rewritten

· Chapter 30 Introduction to digital financial reporting has been expanded to assist readers who might wish to delve deeper into the access and use of XBRL company data

· Chapter 32 Integrated Reporting: sustainability, environmental and social has been rewritten to reflect the growing interest in and importance of Integrated Reporting

· Updated and revised exercises

· Fully updated coverage of IFRS and IAS including latest IFRS 9 and 16.

· Inclusion of potential Brexit implications where appropriate