Separated by individual and consolidated financial statements, accounting, valuation, and disclosure regulations are presented synoptically. The comparison of HGB and international accounting standards allows for quick access to detailed regulations. In its 8th edition, thoroughly updated, the volume includes a comprehensive presentation of the new standards for Financial Instruments, Leasing, and Revenue Recognition. Selected differences from US GAAP are still presented in the IFRS column, while the accounting for leasing arrangements is covered in a separate chapter. A clear and practical reference work for beginners and professionals alike.