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Product Description
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Book Description
— Practical insights into implementation issues
— Worked-out illustrations and examples
— Case studies with solutions
— Multiple-choice questions with answers
— Extracts from published financial statements
A one-stop resource for understanding and applying current
International Financial Reporting Standards
As the International Accounting Standards Board (IASB) makes rapid progress towards widespread acceptance and use of IFRS (formerly named International Accounting Standards) worldwide, the need to understand these new standards increases. Now fully revised and updated, IFRS Practical Implementation Guide and Workbook, Third Edition is the straightforward handbook for understanding and adapting the IFRS standards.
This quick reference guide includes easy-to-understand IAS/IFRSoutlines, explanations, and practical insights that greatly facilitate understanding of the practical implementation issues involved in applying these complex standards.
Clearly explaining the IASB standards so that even first-time adopters of IFRS will understand the complicated requirements, the Third Edition presents:
Ten recently issued and revised IFRS standards including business combinations, financial instruments and newly issued IFRS for SMEs
New International Financial Reporting Interpretations Committee (IFRIC) projects
Multiple-choice questions with solutions and explanations to ensure thorough understanding of the complex IFRS/IAS standards
Case studies or "problems" with solutions illustrating the practical application of IFRS/IAS
Excerpts from published financial statements around the world
Designed with the needs of the user in mind, IFRS Practical Implementation Guide and Workbook, Third Edition is an essential desktop reference for accountants and finance professionals, as well as a thorough review guide for the IFRS/IAS certification exam.
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Most helpful customer reviews
4.0 out of 5 stars
Very Useful,
By
This review is from: Wiley IFRS: Practical Implementation Guide and Workbook (Paperback)
Love the examples they have in the book. I hate that there is now a 2009 version. That's the name of the IFRS game; it continues to change.
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Most Helpful Customer Reviews on Amazon.com (beta) Amazon.com:
4.8 out of 5 stars (4 customer reviews) 9 of 9 people found the following review helpful
5.0 out of 5 stars
Easy reference,
By Ahmed Badawy "CPA" - Published on Amazon.com
Amazon Verified Purchase(What's this?)
This review is from: Wiley IFRS: Practical Implementation Guide and Workbook (Paperback)
The book is an easy good reference for IFRS and its latest updates, however the book focus on the main concepts and doesn't go deep into details. If you need more detailed reference you may look for Wiley IFRS 2008: Interpretation and Application of International Accounting and Financial Reporting Standards 2008 (Wiley Ifrs)or buy the original IFRS text directly from International Accounting Standards Committee Foundation. (https://buy.iasb.org/TIMSSeCommerce/timssnet/Common/TNT_ShowDetail.cfm?subsystem=ord&related_prod_flag=0&primary_id=10118&action=long)
1 of 1 people found the following review helpful
4.0 out of 5 stars
Good companion for students,
By A. Jones "radiance" - Published on Amazon.com
Amazon Verified Purchase(What's this?)
This review is from: Wiley IFRS: Practical Implementation Guide and Workbook (Paperback)
I'm an ACCA student attempting one of the Financial reporting papers and this IFRS Guide book is a really good companion to the study texts. It hightlights the basic principles underlying each standard, written in easy to understand english and the many cases and MCQs really help in understanding how/when to apply the standards. Not sure it may be good help to professionals who may need more indepth examples for complicated application issues but I will definitely recommend to every student sitting exams which requires knowledge of IASs/IFRSs. It really nails the basics and because not it isn't as lengthly as other material on IASs/IFRSs it will be good for revision.
5 of 7 people found the following review helpful
5.0 out of 5 stars
Very good book,
By Osvaldo Z. Favero Jr. - Published on Amazon.com
This review is from: Wiley IFRS: Practical Implementation Guide and Workbook (Paperback)
It's a very good book for those who are looking for the main concepts of IFRS, but for those who are looking for details and examples or cases of application with certain level of complexity I'd recommend another one.
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