A complete reworking of an established and successful seller. The only book in the UK market designed for the manager, entrepreneur or professional investor, to help them understand a company or a competitor’s accounts.

General reworking of international references to show changes to accounting rules Complete reworking of current Chapter 8 Accounts in Other Countries to introduce the global harmonisation process in GAAP. This is the shift from country by country specific Generally Accepted Accounting Procedures – hence GAAP – to the International Financial Reporting Standards (IFRS) which have been adopted by the International Accounting Standards Board. As of 1 March 2008 over 75 countries require the use of IFRS. A list of countries subscribing to IFRS can be found at http://www.iasplus.com/country/useias.htm . The US should seek convergence by 2009 Material on emerging markets and their accounting similarities and differences Detailed updating of the case study accounts – currently Johnson Matthey – possibly to use the accounts of Marks and Spencer List of useful websites and accounting links