The book presents the point of view of investment analysts on how specialists and financial markets will assess the value of companies based on financial statements prepared in accordance with IFRS. Particular attention is paid to the consideration of the most difficult assets and liabilities to analyze and reflect in financial statements : pension liabilities, stock options, derivatives, accrued reserves and lease transactions. In addition to updated reporting aspects in accordance with modern requirements, the second edition of the book includes a new section dedicated to real estate companies. Specific examples of the use of IFRS in assessing companies in various industries are also provided, including companies in the extractive and regulated industries, insurance companies and banks.