Applying International Financial Reporting Standards (IFRS) in a
business situation can have a signficant effect on the financial
results and position of a division or an entire business
enterprise. 'International Financial Reporting Standards: A
Practical Guide' gives private or public sector executives,
managers, and 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: Objective of the Standard Scope
of the Standard Key concepts 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. The
publication includes all of the standards issued by the
International Accounting Standards Board (IASB) through December
2008."
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