The book “Accounting and Financial Reporting”, created by the team of authors, is an indispensable resource for anyone who seeks to understand the basics of accounting and financial analysis more deeply. This edition will be an excellent assistant for both economics and finance students and practicing accountants looking to update their knowledge and skills in the rapidly changing world of finance. In this work, the authors examine in detail the key aspects of accounting, starting with the basics and ending with more complex topics, such as the preparation and analysis of financial statements. The book covers a wide range of issues, including accounting principles, methods for assessing assets and liabilities, as well as rules for reporting on international standards. Each section is written in accessible language and accompanied by practical examples, which makes the material easy to perceive and apply in practice. Who can like this book? First of all, it will be of interest to students of economic and financial faculties, who are just starting their way in the world of accounting . It will also be useful for novice accountants and entrepreneurs who want to better understand the financial aspects of doing business. More experienced specialists will find in the book up-to-date data on new standards and methods, which will help them remain competitive in their profession. The topics raised in the book are diverse and relevant. The authors discuss the importance of accurate accounting and transparent reporting for the successful functioning of the business, as well as the impact of accounting on management decision-making. In the context of globalization and market integration, knowledge of international financial reporting standards is becoming especially important, and this edition will help readers adapt to these changes. The style of the authors is clear and structured, which makes it easy to assimilate even the most complex concepts. The book is replete with illustrations, tables, and diagrams that help visualize information and make the learning process more engaging. The team of authors includes experienced teachers and practitioners, which gives the work additional value and credibility. If you are looking for literature that will help you understand accounting and financial reporting, then this publication will become your reliable companion. It can provide a basis for deeper study of topics such as taxation, auditing, and financial analysis. Readers interested in such works as "Basics of Accounting" or "Financial Reporting: Theory and Practice" will find in this book not only useful knowledge, but also inspiration for further study. Thus, “Accounting and Financial Reporting” is not just a textbook, but a whole world of opportunities for those who want to master the art of accounting and analyzing financial data. This book will be your faithful assistant on the way to professional growth and a successful career in accounting and finance. Do not miss the chance to expand your horizons and deepen your knowledge with this fascinating and informative publication!