Understanding Financial Reporting Standards: A Non-Technical Guide

Understanding Financial Reporting Standards: A Non-Technical Guide by Roger Hussey and Audra Ong demystifies the complex world of accounting standards for busy professionals, students, and business leaders. Clear, concise and practical, this guide translates IFRS, US GAAP and other reporting frameworks into plain language so you can focus on what matters: making informed financial decisions.

You’ll be drawn in by relatable explanations of how accounting standards affect balance sheets, income statements and disclosures. The authors break down core concepts—recognition, measurement, presentation and consolidation—using real-world scenarios relevant to the UK, US, Australia and emerging Asia-Pacific markets. Whether you’re an accountant moving into financial analysis, a manager reviewing reports, or an investor comparing international filings, the book gives you the tools to read financial statements with confidence.

Beyond definitions, the guide highlights common pitfalls, practical compliance insights, and the rationale behind standard-setter choices, helping you anticipate reporting impacts on earnings, tax and stakeholder communications. Its non-technical approach makes it ideal for non-accountants while still delivering the depth professionals need.

If you want to reduce uncertainty, improve financial literacy across your team, or sharpen your ability to interpret international reports, this book is a compact, authoritative resource. Concise yet comprehensive, it’s a smart addition to any professional library or classroom.

Ready to understand financial reports without the jargon? Pick up Understanding Financial Reporting Standards: A Non-Technical Guide by Roger Hussey and Audra Ong and start turning standards into strategic insight.

Note: eBooks do not include supplementary materials such as CDs, access codes, etc.