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International Financial Reporting Standards: A Practical Guide

โœ Scribed by Hennie Van Greuning, Darrel Scott, Simonet Terblanche


Publisher
World Bank Publications
Year
2011
Tongue
English
Leaves
452
Edition
sixth
Category
Library

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โœฆ Synopsis


Applying International Financial Reporting Standards (IFRS) in a business situation can have a significant effect on the financial results and position of a division or an entire business enterprise. International Financial Reporting Standards: A Practical Guide gives private ร‚โ€“ or public-sector executives, managers, or financial analysts without a strong background in accounting the tools they need to participate in discussions and decisions on the appropriateness or application of IFRS. Each chapter summarizes an International Financial Reporting Standard, following a consistent structure: Problems addressed by the IFRS Scope of the Standard Key concepts and definitions Accounting treatment Presentation and disclosure Financial analysis and interpretation Many chapters of the book also contain examples that illustrate the practical application of key concepts in a particular standard. Titled International Accounting Standards: A Practical Guide in its previous two editions, the publication includes all of the standards issued by the International Accounting Standards Board (IASB) through 31 May 2004.


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