Financial Accounting: An International Introduction 7th Edition is an essential textbook for undergraduates and MBA students worldwide taking a first course in financial accounting. It is the ideal book for you if you have little prior knowledge, or are new to this subject area. The book retains the clear writing style and unique international focus which led to the success of previous editions. This approach enables the teaching of financial accounting in a way that is not country-specific. This fully updated text uses the International Financial Reporting Standards (IFRS) as its framework to explain key concepts and practices while linking them with contemporary real-life examples from around the world.Whats new? This edition is updated to include the extensive changes that have occurred since the sixth edition. This includes: Updated discussion of concepts to include the IASBs revised 2018 Conceptual Framework Effects on accounting of the UKs departure from the EU Additional material on non-financial reporting within company reports, an area that has gained further prominence since the last edition Amended treatment of lease accounting to take account of IFRS 16 Visit go.pearson.com/uk/he/resources to find valuable online resources for lecturers, including an instructors manual containing solutions and full set of PowerPoint slides. David Alexander is Professor Emeritus of Accounting at the University of Birmingham Business School, England. Christopher Nobes is Professor of Accounting at Royal Holloway, University of London, England. He is also Professor at the University of Sydney, and Adjunct Professor at the Norwegian Business School. From 1993 to 2001 he was a member of the board of the International Accounting Standards Committee.