Summary |
As IASB makes rapid progress towards widespread acceptance and use of IFRS worldwide, the need to understand these new standards increases. Now fully revised and updated edition is the straightforward handbook for understanding and adapting the IFRS standards.
This guide includes easy-to-understand IAS/IFRS outlines, explanations, and practical insights that greatly facilitates understanding of the practical implementation issues involved in applying these complex standards.
Clearly explaining the IASB standards so that even first-time adopters of IFRS will understand the complicated requirements, the 3rd Edition presents -
1. Ten recently issued and revised IFRS standards including business combinations, financial instruments and newly issued IFRS for SMEs
2. New IFRIC projects
3. Multiple choice questions with solutions and explanations to ensure thorough understanding of the complex IFRS/IAS standards
4. Case studies or problems with solutions illustrating the practical applications of IFRS/IAS
5. Excerpts from published financial statements around the world.
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