The Second Edition of Principles of Financial Accounting, IFRS Edition continues to guide students through the what, why, and how of financial accounting in today's business world. It provides streamlined coverage on core concepts and procedures based on the International Financial Reporting Standards (IFRS), with a wealth of real company examples and solved exercises to enhance student understanding.
This edition has been thoroughly revised to reflect the latest developments in accounting and the most current data for real companies. The most significant change is the incorporation of IFRS 9 and IFRS 15, which will become effective in 2018. Company examples have also been updated with the latest financial statements. Emphasizing the relevancy of accounting to the business world, this edition is perfect for any students, regardless of future career plans or goals.