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1 Accounting in Action
2 The Recording Process
3 Adjusting the Accounts
4 Completing the Accounting Cycle
5 Accounting for Merchandise Operations
6 Inventories
7 Fraud, Internal Control, and Cash
8 Accounting for Receivables
9 Plant Assets, Natural Resources, and Intangible Assets
10 Current Liabilities
11 Non-Current Liabilities
12 Corporations: Organization, Share Transactions, and Equity
13 Investments
14 Statement of Cash Flows
15 Financial Analysis: The Big Picture

APPENDICES
A Specimen Financial Statements: Taiwan Semiconductor Manufacturing Company, Limited
B Specimen Financial Statements: Nestle SA
C Specimen Financial Statements: Delfi Limited
D Specimen Financial Statements: Apple Inc.
E Time Value of Money
F Accounting for Partnerships
G Subsidiary Ledgers and Special Journals

An essential and intuitive treatment of financial accounting with an international perspective

The use of International Financial Reporting Standards is growing rapidly, both outside of the United States and within, especially as IFRS incorporates more US GAAP rules. In the newly updated fifth edition of Financial Accounting with International Financial Reporting Standards, a team of accomplished financial practitioners and educators delivers the newest version of their highly anticipated text. This important work offers practical end-of-chapter exercises and practice problems complete with foreign currency examples, as well as an emphasis on non-US companies and examples. It is perfect for accounting students seeking exposure to internationally utilized accounting standards.