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Wiley IFRS: Practical Implementation Guide and Workbook Paperback – 23 May 2008


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‘…easy–to–understand explanations of IFRS/IAS standards…indispensable guide for finance professionals, auditors, financial analysts and candidates preparing for the IFRS/IAS certification.’  (Finance & Management Faculty, March 2011). --This text refers to an alternate Paperback edition.

From the Back Cover

Wiley IFRS Practical Implementation Guide and Workbook Second Edition A one–stop resource for understanding and applying current International Financial Reporting Standards 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

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Amazon.com: 2 reviews
9 of 9 people found the following review helpful
Easy reference 31 July 2008
By Ahmed Badawy - Published on Amazon.com
Format: Paperback Verified Purchase
The book is an easy good reference for IFRS and its latest updates, however the book focus on the main concepts and doesn't go deep into details. If you need more detailed reference you may look for Wiley IFRS 2008: Interpretation and Application of International Accounting and Financial Reporting Standards 2008 (Wiley Ifrs)or buy the original IFRS text directly from International Accounting Standards Committee Foundation. (https://buy.iasb.org/TIMSSeCommerce/timssnet/Common/TNT_ShowDetail.cfm?subsystem=ord&related_prod_flag=0&primary_id=10118&action=long)
5 of 7 people found the following review helpful
Very good book 28 May 2008
By Osvaldo Z. Favero Jr. - Published on Amazon.com
Format: Paperback
It's a very good book for those who are looking for the main concepts of IFRS, but for those who are looking for details and examples or cases of application with certain level of complexity I'd recommend another one.
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