Clear writing and a focus on the essentials of international accounting make this award-winning book the quintessential source for international accounting. This 5th edition doesn't overwhelm users with too much detail, yet provides enough to give essential coverage of accounting, financial reporting, and financial control. Capital markets and financial/managerial analysis underpin the “theme” of the book. The authors realize that international aspects of accounting are becoming more important as they become more common.

Topics include comparative accounting, foreign currency translation, accounting for changing prices, international accounting harmonization, international financial statement analysis, managerial planning and control, financial risk management, and international taxation and transfer pricing.

For practicing accounting, financial executives, investment managers, university educators, and professional administrators around the world.

Chapter 1:  Introduction

Chapter 2:  Development and Classification

Chapter 3:  Comparative Accounting: Europe

Chapter 4:  Comparative Accounting: the Americas and Asia

Chapter 5:  Reporting and Disclosure

Chapter 6:  Foreign Currency Translation

Chapter 7:  Financial Reporting and Changing Prices

Chapter 8:  Global Accounting and Auditing Standards

Chapter 9:  International Financial Statement Analysis

Chapter 10: Managerial Planning and Control

Chapter 11: Financial Risk Management

Chapter 12: International Taxation and Transfer Pricing