Part One: Framework, theory and regulation
1 A brief introduction to international financial reporting
2 International accounting differences: past and present
3 From harmonization to IFRS as globally accepted standards
4 The IASB Conceptual Framework and accounting theory
5 Accounting and economic perspectives on income and capital
6 Current values, mixed values measurement and CPPP accounting
7 Fair values, value in use and fulfilment value
8 Presentation and disclosure in published financial statements
9 Corporate governance
10 Business Ethics, CSR, Sustainability Reporting and SRI
11 The ethics of the accounting profession

Part Two: Annual financial statements
12 Fixed (non-current) tangible assets
13 Intangible assets
14 Impairment and disposal of assets
15 Leases
16 Inventories
17 Accounting for financial instruments
18 Revenue
19 Provisions, contingent liabilities and contingent assets
20 Income taxes
21 Employee benefits and share-based payment
22 Changing prices and hyperinflationary economies
23 Statement of cash flows
24 Disclosure Issues

Part Three: Consolidated accounts and the multinational
25 Business combinations
26 Consolidated financial statements
27 Accounting for associates, joint arrangements and related party disclosures
28 Foreign currency translation

Part Four: Financial analysis
29 Introduction of interpretation of financial statements
30 Interpretation of financial statements
31 Techniques of financial analysis

Several new chapters on important emerging topics. New examples of real annual reports from companies such as Unilever, adidas and Nestlé. More numerical examples included to provide students with even more practice. Updated end of chapter questions with recent questions from the exam boards. Frequent activities with feedback to help students put into practice what they are learning. Comprehensive end of chapter exercise sections, with answers available online. Examples from companies across the globe to give a truly international perspective.