Financial Accounting is the ideal introduction to this topical and dynamic subject. The authors successfully combine a conceptual approach with an accessible, interactive style, by adopting a questioning attitude to the subject. The authors ask why accounting practices exist and not simply how they work, without lingering on the technicalities. The 4th edition has been fully updated in line with the transition to International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs). Financial Accounting is ideally suited for any students taking an introductory financial accounting course.