The global recession, bank collapses and subsequent market volatility of recent years has changed the accounting landscape forever. The global environment is now all too painfully aware of the significance of accounting information and its impact upon a large range of stakeholders. This new edition has been updated to reflect the increased emphasis upon corporate governance as a critical control and mediating influence. The subsequent shifts in the regulatory frameworks and new forms of IFRS form the core of the text and allow the book to shed light on the growing emphasis placed on the role of accounting information in formulating financial strategy. This third edition of Financial Information Analysiscontains a wide-range of pedagogical features, including insightful end of chapter case studies, drawn from a range of companies and events as well as questions for review. Supplemented by a comprehensive companion website, the book will be essential reading for both undergraduate and Masters students taking courses in finance and accounting.