By Abbas A. Mirza,Graham Holt,Liesel Knorr
— useful insights into implementation issues
— Worked-out illustrations and examples
— Case experiences with solutions
— Multiple-choice questions with answers
— Extracts from released monetary statements
A one-stop source for knowing and utilising current
International monetary Reporting Standards
As the overseas Accounting criteria Board (IASB) makes quick growth in the direction of frequent recognition and use of IFRS (formerly named overseas Accounting criteria) world wide, the necessity to comprehend those new criteria raises. Now totally revised and up to date, IFRS functional Implementation consultant and Workbook, Third Edition is the easy instruction manual for realizing and adapting the IFRS standards.
This quickly reference advisor contains easy-to-understand IAS/IFRSoutlines, causes, and useful insights that tremendously facilitate figuring out of the sensible implementation concerns curious about using those complicated standards.
Clearly explaining the IASB criteria in order that even first-time adopters of IFRS will comprehend the complex specifications, the 3rd version presents:
Ten lately issued and revised IFRS criteria together with company combos, monetary tools and newly issued IFRS for SMEs
New overseas monetary Reporting Interpretations Committee (IFRIC) projects
Multiple-choice questions with strategies and reasons to make sure thorough knowing of the advanced IFRS/IAS standards
Case stories or "problems" with suggestions illustrating the sensible program of IFRS/IAS
Excerpts from released monetary statements round the world
Designed with the wishes of the person in brain, IFRS functional Implementation advisor and Workbook, 3rd version is an important computer reference for accountants and finance pros, in addition to a radical evaluate consultant for the IFRS/IAS certification exam.