International Financial Reporting Standards : A Practical Guide

ISBN: 082135910X

Author: Greuning, Hennie Van

Condition: New

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 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 interpretationMany 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.