Based on the IFRSs issued by the IASB on 1/10/08, this provides a simplified summary of the main elements of IFRSs, linking each line in the financial statement to the chronologically numbered standards and then summarizing in diagrams each of those Standards to help the reader visualize the key decisions and choices their application requires.

Based on the International Financial Reporting Standards (IFRSs) issued by the International Accounting Standards Board (IASB) in January 2010, this provides a simplified summary of the main elements -- using diagrams for each of the Standards to help the reader visualize the key decisions and choices their application requires.