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Financial Accounting: IFRS Edition guides students through the what, why and how of accounting in today’s business world. This textbook offers a solid presentation of concepts and procedures based on the International Financial Reporting Standards (IFRS) blended with a wealth of real company examples, including cases from Asia. In addition, there are also solved exercises to ensure student success in the practical application of fundamental accounting principles. Students will learn to effectively use and prepare accounting information for decision making with various features that encourage critical thinking, highlight ethical considerations, and consider global implications. Emphasizing the relevancy of accounting to the business world, this edition is perfect for any student, regardless of future career plans or goals.
The focus is on developing the ability to critically analyze accounting information and make informed business decisions. Readers are exposed to a myriad of real-world examples where they can see the effect that accounting information has on the decisions made by real companies. The text also makes a concerted effort to highlight the ethical considerations and global implications of financial accounting decisions in our world.
About the Author
Earl K. Stice
Earl K. Stice is the PricewaterhouseCoopers Professor of Accounting in the School of Accountancy at Brigham Young University, where he has been on the faculty since 1998. He holds bachelor’s and master’s degrees from Brigham Young University and a PhD from Cornell University.
James D. Stice
James D. Stice is the Distinguished Teaching Professor in the Marriott School of Management at Brigham Young University. He is currently Associate Dean of the Marriott School. Dr. Stice served for eight years as the director of BYU’s MBA Program. He holds bachelor’s and master’s degrees in accounting from BYU and a PhD in accounting from the University of Washington.
W. Steve Albrecht
W. Steve Albrecht is the Andersen Alumni Professor of Accountancy in the Marriott School of Management at Brigham Young University. He received a bachelor’s degree in accounting from BYU and MBA and PhD degrees from the University of Wisconsin. He is a Certified Public Accountant, Certified Internal Auditor, and Certified Fraud Examiner.
Monte R. Swain
Monte R. Swain received his Ph.D. in managerial accounting and information systems from Michigan State University. He currently serves as the Associate Director of the School of Accountancy and Information Systems where he is the Deloitte & Touche Professor of Accounting.
Rong-Ruey Duh is a professor at the Department of Accounting, National Taiwan University (NTU). He earned his PhD from the University of Minnesota, Minneapolis. Dr. Duh was President of Taiwan Accounting Association and Chair of the Board of Directors for Accounting Research and Development Foundation, a non-profit organization responsible for setting financial accounting and auditing standards in Taiwan.
Audrey Wenhsin Hsu
Audrey Wenhsin Hsu is an associate professor at the Department of Accounting at National Taiwan University (NTU). Dr. Hsu earned her PhD from Lancaster University, United Kingdom. Her areas of research include international accounting standards, financial reporting quality, and corporate governance.