International release in English, French and Chinese of Hervé Stolowy's book: Financial Accounting and Reporting, a global perspective

1 October 2013

After the great success of the award-winning textbook Financial Accounting and Reporting, a Global Perspective , recently published in its fourth edition, Hervé Stolowy and his co-authors, Michel J. Lebas, Yuan Ding and Georges Langlois publish two new editions in French Comptabilité et Analyse Financière : une Perspective Globale  (third edition) and Chinese 财务报告与分析:一种国际化视角 (Cai wu bao gao yu fen xi: yi zhong guo ji hua shi ye) (first edition). Now available in three languages, the completely revised version of the book can be utilized worldwide by business and management students seeking an essential introduction to the field.

Financial Accounting and Reporting, a global perspective, HEC prof. Hervé Stolowy

More people, business students and executives, see the usefulness of gaining an ability to read and understand financial statements, and rely on trained qualified professional to produce them at a time of both turmoil and hope for financial accounting. 

This book offers a guidance across the complexities of financial accounting from an international and ‘user’ perspective, based on the latest IFRS standards. Its comprehensive coverage incorporates original case studies, decision making orientation and genuine financial statements from across the globe, maximizing topicality and relevance for a thorough understanding of real-world business.

A fresh, contemporary presentation of text design delivers user-friendly tables, figures and diagrams, helping to make theoretical explanations such as the technical aspects of accounting transactions more approachable. End-of-chapter assignments have also been enhanced, now targeting a range of difficulty levels. This aids students with independent practice and learning at their own standard of ability.

Hervé Stolowy teaches financial accounting and financial statement analysis in the different graduate programs of HEC Paris (MBA program and Master of Science in Management). Professor Stolowy’s research and teaching interests span financial and international accounting, and focus more specifically on IFRS/IAS, intangibles, accounts manipulation (including fraud), and design and use of statement of cash flows. His lastest article focuses on the trust and the financial markets analizing the lessons from the Madoff fraud.

Michel J. Lebas is Emeritus Professor of Management Accounting and Management Control at HEC Paris. He was educated both in France (HEC) and in the United States (Tuck School at Dartmouth College and Stanford University Graduate School of Business). Professor Lebas has been Associate Dean for Academic Affairs of the HEC Grande Ecole (1986–1989). He has held visiting appointments at Aalto School of Business (formerly Helsinki School of Economics), the Aarhus Business School, SDA Bocconi in Milan, the Fletcher School of Law and Diplomacy at Tufts University, INSEAD, the Mediterranean School of Business in Tunis, the Darden Graduate School of Business at the University of Virginia, and at the Foster School of Business of the University of Washington.

Yuan Ding is Cathay Capital Chair Professor in Accounting at CEIBS (China Europe International Business School). Prior to joining CEIBS, he was a tenured faculty member at HEC Paris, France. He received his PhD in Accounting from the Université Montesquieu (Bordeaux IV), France. He also holds a Master’s in Enterprise Administration from the Université de Poitiers, France.

Georges Langlois is Emeritus Professor of Accounting. He has taught for many years at the Ecole normale supérieure de Cachan.

Read the Research@HEC article


Financial Accounting and Reporting - a Global Perspective  , Cengage Learning, 2002, 4th ed. , 2013 (in coll. with M. Lebas, Y. Ding).

"The construction of a trustworthy investment opportunity: Insights from the Madoff fraud", Forthcoming, Contemporary Accounting Research, (en coll. avec M. Messner, T. Jeanjean, R. Baker).

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