The integration of the new International Accounting Standards and their comparison with the new Private Entity GAAP, enhances  the main goal of the book to help students understand, prepare and use financial information by linking education with the real-world accounting environment . Our industry-experienced and leading-edge author expertise in the field of IFRS, combined with an update of the text s technical content ensures that accounting faculty and students can continue to rely on Kieso, especially during a time of change.

Even though the rapidly changing landscape of Canadian and international accounting is a focus of the text, the authors continue their emphasis on helping students understand the core concepts that are at the heart of the accounting profession. The chapters are interesting, informative and pedagogically sound. Clear explanations of important issues, concepts, and business transactions are provided, followed by examples of how these are applied in practice. Interesting examples show how the resulting numbers are used, and how real life Canadian companies actually account for and report their accounting transactions and results.