Substantially updated and expanded, the fourth edition of this dictionary provides straightforward definitions of the latest financial jargon along with comprehensive coverage of financial accounting, financial reporting, management accounting, direct and indirect taxation, corporate finance, and auditing. Coverage is international, and includes worked examples of difficult concepts and feature entries on key topics. Over 250 new entries have been added, to reflect the very latest developments in the accounting profession, e.g. the growing importance of International Accounting Standards, recent legislation, UK tax changes, and reliefs and allowances (e.g. Entrepreneurs Relief, Annual Investment Allowance).