Clear writing and a focus on the essentials of international accounting make this award-winning book "the" quintessential source for international accounting. This 5th edition doesn't overwhelm users with too much detail, yet provides enough to give essential coverage of accounting, financial reporting, and financial control. Capital markets and financial/managerial analysis underpin the " theme" of the book. The authors realize that international aspects of accounting are becoming more important as they become more common. Topics include comparative accounting, foreign currency translation, accounting for changing prices, international accounting harmonization, international financial statement analysis, managerial planning and control, financial risk management, and international taxation and transfer pricing. For practicing accounting, financial executives, investment managers, university educators, and professional administrators around the world.