Financial Accounting: International Financial Reporting Standards, Global Edition 12th Edition by C. William Thomas, Wendy M. Tietz, Themin Suwardy, Koh Wei Chern, Walter T. Harrison Jr., and Charles T. Horngren introduces the core principles of financial accounting with a strong focus on IFRS and the role accounting plays in modern business. The book covers the conceptual framework and financial statements, recording business transactions, accrual accounting, internal control, cash and receivables, inventory, property, plant and equipment, investments, liabilities, shareholders’ equity, cash flows, and financial statement analysis. Updated examples, cases, and international business contexts help students connect accounting concepts with real-world practice, making this edition particularly useful for undergraduate accounting, finance, and business courses that follow International Financial Reporting Standards.