Christopher Nobes Bücher

The eleventh edition of this renowned text offers an in-depth exploration of the international dimensions of financial accounting and reporting. It delves into the conceptual and contextual foundations of International Financial Reporting Standards (IFRS), contrasting them with US generally accepted accounting principles (GAAP). Key issues such as transition, harmonization, political lobbying, and persistent international differences are examined, alongside the unique accounting challenges faced by multinational companies. This edition has been extensively revised to reflect significant changes in international accounting since the last release. Notable updates include a completely revised chapter on the context of financial reporting for listed groups, incorporating the proposed adoption of IFRS in the US, and an expanded discussion on the practical application of IFRS in Australia and the EU. Additionally, it features updated insights on the financial crisis, increased coverage of accounting in China, a thorough discussion on reporting by private companies (SMEs), and revisions to chapters on Segment Reporting and International Financial Analysis. The authors, Christopher Nobes and Robert Parker, are esteemed professors with notable contributions to the field, having received the American Accounting Association's 'Outstanding International Accounting Educator' award. Valuable lecturer resources are available for download at

This introductory text is perfect for those with little prior knowledge of financial accounting. Its clear writing style and international focus enhance the learning experience, building on the success of previous editions. The updated content adheres to International Financial Reporting Standards (IFRS), explaining key concepts and practices through contemporary examples from Europe, the US, and beyond. Readers will find the text enjoyable and informative, with easy readability and helpful case studies. New features include comprehensive coverage of ethics, corporate social accounting, creative accounting, and group reporting entities. There is also expanded discussion on revenue recognition and Islamic accounting and finance, along with numerous examples from the European Union and the wider European Economic Area, illustrating specific rules and practices. Each chapter concludes with practice questions and guided solutions, making it ideal for undergraduates and MBA students taking their first course in financial accounting. Valuable online resources for students and lecturers, including additional practice questions and an instructor's manual, are available at the publisher's website. The authors are esteemed professors with extensive backgrounds in accounting and international standards.