Financial Accounting using IFRS
Third Edition
- M.H. Franco Wong
- Michelle Hanlon - Massachusetts Institute of Technology
- Robert Magee - Northwestern Universitiy
- Glenn Pfeiffer - Chapman University
August 2025 | Cambridge Business Publishers
Formerly published by Cambridge Business Publishers, now published by Sage
Financial Accounting using IFRS, Third Edition equips students with the accounting techniques and insights necessary to succeed in today’s global business environment. Written for universities that teach International Financial Reporting Standards (IFRS) exclusively, the text helps students understand how financial statements are prepared and how published financial information is used by investors, creditors, analysts, and managers. Designed for the first financial accounting course at the undergraduate or graduate level, this text balances financial statement preparation with analysis and interpretation. Students learn to apply IFRS concepts using real company data drawn from diverse countries and industries, building confidence in working with international financial statements and disclosures.
With a strong real-world orientation, the book integrates focus companies, footnotes, financial analysis discussions, and data-driven assignments throughout. A structured, student-friendly approach ensures students grasp both the mechanics and the meaning of IFRS-based financial reporting.
Financial Accounting using IFRS, Third Edition equips students with the accounting techniques and insights necessary to succeed in today’s global business environment. Written for universities that teach International Financial Reporting Standards (IFRS) exclusively, the text helps students understand how financial statements are prepared and how published financial information is used by investors, creditors, analysts, and managers. Designed for the first financial accounting course at the undergraduate or graduate level, this text balances financial statement preparation with analysis and interpretation. Students learn to apply IFRS concepts using real company data drawn from diverse countries and industries, building confidence in working with international financial statements and disclosures.
With a strong real-world orientation, the book integrates focus companies, footnotes, financial analysis discussions, and data-driven assignments throughout. A structured, student-friendly approach ensures students grasp both the mechanics and the meaning of IFRS-based financial reporting.
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About the Authors
Preface
Brief Contents
Contents
Chapter 1: Introducing Financial Accounting
Chapter 3: Adjusting Accounts for Financial Statements
Chapter 4: Reporting and Analyzing Revenues and Receivables
Chapter 5: Reporting and Analyzing Inventory
Chapter 6: Reporting and Analyzing Long-Term Operating Assets
Chapter 7: Reporting and Analyzing Liabilities
Chapter 8: Reporting and Analysing Leases, Pensions, and Income Taxes
Chapter 9: Reporting and Analyzing Shareholders’ Equity
Chapter 10: Reporting and Analysing Financial Investments
Chapter 11: Reporting and Analyzing Cash Flows
Chapter 12: Analyzing and Interpreting Financial Statements
Appendix A: Compound Interest and the Time Value of Money
Appendix B: Data Analytics and Blockchain Technology
Index