Complete Guide To International Financial Reporting Standards

This title explains the principles and practice of IFRS including IAS, accounting and disclosure. Whether Finance Directors like it or not, IFRS and IAS are here and everybody involved in the financial running of a business - not just FD's and accounts executives but other directors and professional advisors - have to be up to speed. This guide explains the principles of IAS and the accounting and disclosure agreements, and clarifies practical problems of compliance. This guide contains chapters on: why IAS is needed; ideas and concepts; key terms; required accounting/disclosure; problem areas and questions to ask; and, objectives and further definitions.