International Financial Reporting Standards (IFRS) Workbook and Guide is a one stop resource for understanding and applying current International Financial Reporting Standards (IFRS) and offers:
- Easy-to-understand explanations of all IFRSs/IASs and IFRICs/SICs issued by the IASB/IASC up to March 2006
- Illustrative examples
- Practical insights
- Worked case studies
- Multiple-choice questions with solutions
Technically reviewed by Liesel Knorr, Secretary General of the German Accounting Standards Committee and former technical director of the International Accounting Standards Committee (IASC).
Forewords by:
Sir David Tweedie, Chairman of the International Accounting Standards Board (IASB)
Philippe Richard, Secretary General of the International Organization of Securities Commissions (IOSCO)
As the International Accounting Standards Board (IASB) makes rapid progress towards widespread acceptance and use of IFRS (formerly named International Accounting Standards, IAS), the need to understand these new standards increases.
The IFRS Workbook and Guide includes illustrative examples, worked case studies, practical insights, and multiple-choice questions with solutions that greatly facilitate understanding of the practical issues involved in applying these complex standards.
Designed with the needs of the user in mind, it covers important topics and developments, including:
- An introduction to IASB and the worldwide adoption of IFRS
- The IASB Framework
- All IAS and IFRS still in force up to IFRS 7, including:
- Presentation of Financial Statements (IAS 1)
- Cash Flow Statements (IAS 7)
- Financial Instruments
- Presentation (IAS 32)
- Recognition and Measurement (IAS 39)
- Disclosures (IFRS 7)
- Earnings per Share (IAS 33)
- Impairment of Assets (IAS 36)
- Provisions, Contingent Liabilities and Contingent Assets (IAS 37)
- Intangible Assets (IAS 38)
- First-time Adoption of IFRS (IFRS 1)
- Share-based Payment (IFRS 2)
- Business Combinations (IFRS 3)
- Insurance Contracts (IFRS 4)
- Exploration for and Evaluation of Mineral Resources (IFRS 6)
- All SIC and IFRIC Interpretations still in force up to IFRIC 9
