A balanced and comprehensive text which enables students internationally to acquire the requisite knowledge and skills in accounting, alongside a thorough understanding of International Accounting Standards.
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Increased globalisation and the need to compete on equal terms for global capital has highlighted the need for greater harmonisation of financial reporting throughout the world, so that capital markets can operate efficiently. It is clear that International Standards are going to play an important role in achieving this.
This new text by Elliott and Elliott is based on their market-leading book 'Financial Accounting and Reporting' but uses International Accounting Standards as its framework. It offers a balance of theoretical and conceptual coverage with up-to-date practical applications and illustrations taken from real company reports and accounts.
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