"I find this book highly readable and a very useful introduction to financial accounting, in particular the regulatory framework influencing accounting in an international context" Fredrik Ljungdahl, Senior Lecturer, Jonkoping University 'Financial Accounting' is the ideal choice for all those looking for an introductory text in financial accounting, particularly those with little or no previous knowledge of the subject. With a clear writing style, this accessible book is unique in teaching financial accounting from a non-country specific perspective, using International Financial Reporting Standards (IFRS) as its framework to explain key concepts and practice. Building on the success of the second edition this truly international book continues to draw contemporary examples from Europe, the US and beyond, and has been fully updated to incorporate the extensive accounting changes of the past three years.