IFRS Practical Implementation Guide and Workbook (Wiley)
IFRS Practical Implementation Guide and Workbook (Wiley) 2008
The book demonstrates the practical application of IASB standards using easy explanations and simple examples. It also addresses the challenges faced by an auditor or accountant in applying such standards, reading and understanding the financial statements according to the same. In addition, the book provides learning aids in the form of well-advised solutions, multiple choice questions (with answers) and insight practical views. In this book, many examples and answers were included as well as further practical answers and exercises. The International Accounting Standard 30 "Disclosures in Financial Statements of Banks and Similar Financial Institutions" was also deleted.
The International Accounting Standards Board, a body responsible for the development of IFRSs, works closely with the committees setting national accounting standards in different countries, including the American Financial Accounting Standards Board and the Japanese Accounting Standards Board in order to reduce differences between local accounting standards and International Financial Reporting Standards in each country.
IFRS Workbook and Guide 2006
This Publication icludes the interpretations of the International Financial Reporting Standards (IFRSs) in a lucid manner which enables first time adopters of IFRS to understand the accounting standards. It also illustrates the applications of the IFRSs using simple-to-apply illustrations and examples.