New and updated features of this title Updated to cover recent developments in the field, with new content material and case studies. Thoroughly revised according to recent regulations. Updated to align definitions with the 2018 IASB Conceptual Framework. New and updated 'Real World' case studies in the text give examples from real-world companies and reflect current conditions. Activities aligned to each chapter section, encourage students to explore and consider issues from different angles. Expanded for this edition, are experience-driven conversations between two managers, included throughout and updated with an even more practical emphasis.