Summary |
This is indeed an exciting time to prepare an updated and small book on IFRS. For IFRS to be properly understood, implemented, and applied in practice, education and training of all relevant parties- including financial statement preparers, auditors, regulators, financial analysts, and other users of financial statements as well as accounting students is essential.
This book should be a helpful too in this regard. The approach of the book is to discuss core concepts and other key elements of the standards and to provide training material in the form of worked case studies and questions to support successful learning of the material. Consequently, the book should be useful for students who prepare for professional exams and for financial statement preparers, auditors, regulators, financial analysts, and other users of financial statements who in their work need to be familiar with the standards. The book should help practitioners and students alike understand, implement, and apply the key elements of the IFRS.
To help to promote clear information about the IFRS, this book serves a particularly useful function both as an educational opportunity and also to encourage confidence in IFRS.
|
