Financial Statements

Financial Statements is based on an international IFRS accounting syllabus as taught at UAS Osnabrück and its international partner universities. The textbook covers the preparation, disclosure, and analysis of financial statements on a bachelor's and master's level. It contains more than sixty case studies and numerous links to an online materials bank. As the cases dominate the textbook space, readers get the impression to observe accountants at work. The case studies comprise of detailed calculations, journal entries, T-accounts, and financial statements. For open book exams, the text includes how-it-is-done paragraphs which offer directions for accounting work. The textbook's structure follows the sequence of balance sheet items beginning with non-current assets and ending at income tax liabilities. It further discusses a full set of financial statements. That comprises of the income statement, the statement of cash flows and the statement of changes in equity. The notes are provided for a case study including ESG reporting. Group accounting and joint venture accounting are covered as well. Readers can download numerous online materials, like exam tasks with solutions thereto, links to youtube clips produced by the author and spreadsheets for support of their accounting work in academia. Financial statements is a standard textbook for accounting classes taught at universities of applied sciences in English and supports managers and accountants who strive to enhance their knowledge about national accounting towards IFRS standards.