ESCP Europe

"Now in its fifth edition, this respected and widely used book provides an essential introduction to financial accounting and reporting for business and management students around the world. Written very much from the user rather than the preparer accounting perspective, the book provides clear and comprehensive guidance on all the complex concepts and issues in accounting and reporting, together with explanation of the more technical aspects of accounting transactions. The book has a strong international perspective (being based on IFRS/IAS) and uses lots of real-life worldwide company financial statements and examples, to enable students to see how issues appear in practice." - from publisher.

List of real companies referenced --- PART 1 INTRODUCTION TO FINANCIAL ACCOUNTING --- 1. Accounting: the language of business --- 2. Introduction to financial statements --- 3. Financial statements: interrelations and construction --- 4. Accounting principles and end-of-period adjustments --- PART 2 MAJOR ACCOUNTING TOPICS --- 5. Regulation of accounting and financial reporting --- 6. Revenue recognition issues --- 7. Tangible assets --- 8. Intangible assets --- 9. Inventories --- 10. Financial instruments in the statement of financial position and fair value accounting --- 11. Shareholders equity --- 12. Liabilities and provisions --- 13. Business combinations --- 14. Analysis of the income statement --- PART 3 FINANCIAL STATEMENT ANALYSIS --- 15. Analysis of the statement of financial position/balance sheet --- 16. Statement of cash flows construction --- 17. Analysis of the statement of cash flows and earnings quality --- 18. Ratio analysis, financial analysis and beyond --- Glossary of key terms..