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