Guide to IFRS - http://book.pdfchm.com/wiley-ifrs-practical-implementation-guide-and-workbook-13088/

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Wiley IFRS Practical Implementation Guide and Workbook Second Edition


A one-stop resource for understanding and applying current International Financial Reporting Standards


http://book.pdfchm.com/wiley-ifrs-practical-implementation-guide-and-workbook-13088/


The year 2007 proved to be yet another historic year of watershed
events for the International Financial Reporting Standards (IFRS)
firstly, due to the announcement in November 2007 by the US SEC to
allow foreign private issuers to enter the US capital market using
IFRS-compliant financial statements without reconciling to US GAAP and
secondly, on its achieving extraordinary acceptance globally with over
100 countries requiring or permitting IFRS by the end of 2007, a
remarkable achievement in terms of global acceptance of IFRS.
Commenting on how many more countries are expected to adopt IFRS by
2011, Sir David Tweedie, chairman of the IASB, remarked, "we reckon by
about 2011, there'll be 150—all the major economies." (Accountancy,
January 2008)


The Second Edition of this quick-reference IFRS guide includes
easy-to-understand IFRS/IAS explanations, practical insights, case
studies and illustrations and features:




  • Up-to-date coverage of all extant IASB Standards
    (IAS 1 to 41 and IFRS 1 to 8) and all IFRICS from 1 to 14; coverage
    includes all new and revised IFRS issued up until February 2008, with
    discussion of IFRS 8 (Operating Segments) and the recent revisions to
    IAS 1, IAS 27, IAS 32, IFRS 2, and IFRS 3




  • Lucid
    explanations of the IASB standards, supplemented with simple examples
    and easy-to-apply illustrations, for quick understanding of IFRS/IAS
    standards and IFRIC/SIC interpretations




  • Multiple-choice
    questions with solutions and explanations to ensure thorough
    understanding of the complex IFRS IAS standards




  • Case studies with solutions that illustrate the practical application of the IFRS/IAS




  • "Practical Insights" into implementation and application of the IFRS/IAS




  • Extracts from published financial statements to illustrate real-life application of the IASB standards





About the Author


Abbas Ali Mirza is a partner with Deloitte & Touche (ME), Dubai,
UAE, and on the firm's regional Technical assurance and advisory
committee. He is a frequent speaker and workshop leader and widely
published in international accounting journals. He is Chairman of the
Auditors Group of the Dubai Chamber of Commerce & Industry and was
the 21st session Chairman of the Intra-Governmental Working Group of
Experts on International Standards on Accounting & Reporting (ISAR)
at the United Nations.


Magnus Orrell is a partner with Deloitte & Touche LLP in Wilton,
Connecticut. He specializes in the accounting for financial instruments
under both IFRS and US GAAP. He previously worked for the International
Accounting Standards Board (IASB).


Graham J. Holt is an examiner with the ACCA, UK, and a Principal
Lecturer of Accounting and Finance, Manchester Metropolitan University
Business School, and is coauthor of an IFRS text, contributor to
academic publications, and author of professional journal papers.


Liesel Knorr is President of the German Accounting Standards Board
and former technical director with the International Accounting
Standards Committee?responsible for preparing the core set of
standards?endorsed by the International Organization of Securities and
Exchange Commissions. She is the author of many technical papers.

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