Wiley IFRS

<p>— Explanations of IFRS^® and IFRIC interpretations <p>— Practical insights into implementation issues <p>— Worked-out illustrations and examples <p>— Case studies with solutions <p>— Multiple-choice questions with answers <p>— Extracts from published financial statements <p><b>A one-stop resource for understanding and applying current International Financial Reporting Standards</b> <p>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, <i>IFRS^® Practical Implementation Guide and Workbook, Third Edition</i> is the straightforward handbook for understanding and adapting the IFRS^® standards. <p>This quick reference guide includes easy-to-understand IAS/IFRS^®outlines, explanations, and practical insights that greatly facilitate understanding of the practical implementation issues involved in applying these complex standards. <p>Clearly explaining the IASB standards so that even first-time adopters of IFRS^® will understand the complicated requirements, the <i>Third Edition</i> presents: <ul> <li>Ten recently issued and revised IFRS^® standards including business combinations, financial instruments and newly issued IFRS^® for SMEs</li> <li>New International Financial Reporting Interpretations Committee (IFRIC) projects</li> <li>Multiple-choice questions with solutions and explanations to ensure thorough understanding of the complex IFRS^®/IAS standards</li> <li>Case studies or “problems” with solutions illustrating the practical application of IFRS^®/IAS</li> <li>Excerpts from published financial statements around the world</li> </ul> <p>Designed with the needs of the user in mind, <i>IFRS</i>^®<i> Practical Implementation Guide and Workbook, Third Edition</i> is an essential desktop reference for accountants and finance professionals, as well as a thorough review guide for the IFRS^®/IAS certification exam.