Publisher's Synopsis
Applying International Financial Reporting Standards (IFRS) in a business situation can have a signficant 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, and 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:
- Objective of the Standard
- Scope of the Standard
- Key concepts
- Accounting treatment
- Presentation and disclosure
- Financial analysis and interpretation
