Financial Accounting IFRS, Global Edition, 12th edition

Published by Pearson (June 30, 2024) © 2024

  • Walter T. Harrison Baylor University
  • Charles Horngren Edmund W. Littlefield Professor Emeritus of Accounting at Stanford University
  • C William Thomas Baylor University
  • Wendy M. Tietz Kent State University
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Title overview

For courses in introductory financial accounting.

A student-centered approach to financial accounting

Accounting is the language of business, and understanding the role accounting plays in business is critical to a student's success in earning a business degree. Financial Accounting, International Financial Reporting Standards puts the focus on the purpose of accounting in business. With student-friendly examples and streamlined chapters, the 12th Edition delivers a student-centric approach to learning financial accounting.

While maintaining its hallmark features of accuracy and lucidity, the twelfth edition also includes updated coverage of the Conceptual Framework for Financial Reporting; new and updated financial statements; real-world examples, illustrations, and exhibits; and discussions on how the COVID-19 pandemic impacted organizations.

Table of contents

  1. Conceptual Framework and The Financial Statements
  2. Recording Business Transactions
  3. Accrual Accounting
  4. Presentation of Financial Statements
  5. Internal Control, Cash, and Receivables
  6. Inventory and Merchandising Operations
  7. PPE and Intangibles
  8. Investments
  9. Liabilities
  10. Shareholders’ Equity
  11. Cash Flows
  12. Financial Statement Analysis
  • Appendix A: Nestlé Annual Report Excerpts
  • Appendix B: Time Value of Money
  • Appendix C: Typical Charts of Accounts for Different Types of Businesses
  • Appendix D: International Financial Reporting Standards (IFRSs)

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