Financial Accounting: IFRS, 1st edition

For colleges and universities around the world, John Wiley & Sons is proud to announce Financial Accounting: IFRS Edition, by Jerry J. Weygandt, Paul D. Kimmel, and Donald E. Kieso, which incorporates International Financial Reporting Standards (IFRS) into the existing textbook framework. On almost every page, the book addresses every accounting topic from the perspective of IFRS while still highlighting key differences between IFRS and US GAAP. Following the reputation for accuracy, comprehensiveness, and currency, the authors have painstakingly created a book dedicated to assisting students learning accounting topics under the rules of IFRS.

Features:

• New focus on international companies, international examples, and international currencies. The basics of financial accounting principles and procedures are presented within the context of IFRS while also providing exercises and problems that present students with international currency examples (e.g. yen, euro).
•  Real-world, international company examples incorporated throughout the textbook.
• Authoritative literature references (IASB/IFRS) – considers the key authoritative literature under IFRS as students become more familiar with the original sources.
• New Understanding U.S. GAAP features consider key differences between US GAAP and IFRS while offering information about how the systems are converging on the topic.
• Cadbury (GBR) and Nestlé (CHE) Annual Reports & Financial Reporting Problems.
• Key terminology changes (e.g. Common stock and Share capital; Balance sheet and Statement of financial position).
• Do It!Problems, which gives students an opportunity to see a detailed solution to a representative problem before they do their homework.
• Accounting Across the Organization features – highlights the important role of accounting information to other business majors (e.g. management, marketing, information systems, finance).
• Helpful Hints and Ethics Notes
• Insight Boxes offer students glimpses into how real companies use accounting in practice.