Comparative International Accounting

Learn the foundational concepts of international financial reporting

Comparative International Accounting, 14th Edition, by Nobes and Parker explores the conceptual and contextual foundations of International Financial Reporting Standards (IFRS), contrasting them with US generally accepted accounting principles (US GAAP). It also examines international differences in IFRS practices and the accounting differences that remain between countries such as China, France, Germany and Japan. Particular attention is paid to the key issues of political lobbying, harmonisation, and the special accounting problems of multinational companies. Ideal for undergraduate and postgraduate students taking courses in comparative and international aspects of financial reporting, this book is thoroughly updated for the many changes in accounting and the relevant research published since the 13th edition.

New to this edition:

• Added discussion on international differences in public sector accounting.

• Complete refresh of IFRS content coverage.

• Detailed explanation of lease accounting under IFRS 16, and the differences between that and accounting under US GAAP and other national systems.

• Updated online resources, including an Instructors Manual and PowerPoint slides for instructors.

Christopher Nobes is Professor of Accounting at Royal Holloway (University of London) and at the University of Sydney. He was a representative on the board of International Accounting Standards Committee from 1993 to 2001.

Robert Parker was formerly Professor of Accounting at the University of Exeter and professorial fellow of the Institute of Chartered Accountants of Scotland. He died shortly after the 13th edition was published in 2016.

Both authors have been recipients of the Outstanding International Accounting Educator award by the American Accounting Association and the Distinguished Academic Award by the British Accounting and Finance Association.