International Financial Reporting Standards: A Practical Guide (World Bank Training) (World Bank Training Series) - ISBN:0821384287

International Financial Reporting Standards: A Practical Guide (World Bank Training) (World Bank Training Series)

Date: 20 June 2011, 01:43

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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 A– 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 interpretation
Many 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.

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