For courses in introductory financial accounting.

A student-centered approach to financial accounting

Accounting is the language of business, and understanding the role accounting plays in business is critical to a student's success in earning a business degree. Financial Accounting, International Financial Reporting Standards puts the focus on the purpose of accounting in business. With student-friendly examples and streamlined chapters, the 12th Edition delivers a student-centric approach to learning financial accounting.

While maintaining its hallmark features of accuracy and lucidity, the twelfth edition also includes updated coverage of the Conceptual Framework for Financial Reporting; new and updated financial statements; real-world examples, illustrations, and exhibits; and discussions on how the COVID-19 pandemic impacted organizations.

This title is a Pearson Global Edition. The Editorial team atPearson has worked closely with educators around the world to include contentwhich is especially relevant to students outside the United States.

For introductory courses in Financial Accounting.

A User-Focused Approach and Solid Foundation in the Constructionand Analysis of Financial Statements for Use in Future Courses and Careers

Financial Accounting: International Financial ReportingStandards (IFRS) continues to give readers a solid foundationin the fundamentals of accounting and the basics of financial statements underIFRS, and then builds upon that foundation to offer more advanced andchallenging concepts and problems. This approach helps students to betterunderstand the meaning and relevance of financial information and develop theskills needed to analyze financial information in both their courses andcareers.

Written in a manner suitable for accounting and non-accountingmajors, the Twelfth Edition, Global Edition, isthe ideal text for a first course in financial accounting with a focus on IFRS.With its long-standing reputation in the marketplace for being easy to read andunderstand, this text drives home fundamental concepts in a reader-friendly waywithout adding unnecessary complexity. While maintaining the hallmark featuresof accuracy, readability, and ease of understanding, this Global Editionincludes updated explanations, coverage, new real-world examples, and mostimportantly, updates to the Conceptual Framework.

Pearson MyLab-« Accounting is not included. Students, if Pearson MyLab Accounting is arecommended or mandatory component of the course, please ask your instructorfor the correct ISBN. Pearson MyLab Accounting should only be purchased whenrequired by an instructor. Instructors, contact your Pearson representative formore information.