International Financial Reporting and Analysis

This text introduces students to international finacial reporting practices and their contextual factors, with the aim of understanding the reasons for diversity in national practices. There are four chapters on financial analysis, and international cases help students place the material in a business problem-solving context. The text is accompanied by corporate annual reports from the seven countries examined - Britain, Germany, Japan, Sweden, Brazil, South Korea and Italy. In addition, comparative accounting and reporting practices for 11 additional countries are summarized in an Appendix.