This textbook in Financial Accounting is entirely based on the IFRS (International Financial Reporting Standards). It is aimed at providing readers the basic rationale to understand the concepts underlying International Accounting Standards. The main financial statements such as the income statement, the balance sheet and the income statement are presented and analyzed in a way to facilitate their understanding, using numerous real examples from annual reports of European listed companies. This new edition includes new developments about financial analysis.
Wolfgang Dick, co-director of the Chair, has cooperated with Franck Missonier-Piera in writing this book.