Guide to International Financial Reporting Standards

About the Book:  International Financial Reporting Standards called the IFRS, have been implemented in more than a hundred countries across the world. It has ushered in a principle-based approach and gradually replaced the rule-based approach in Financial Reporting in countries where it has been implemented.

guide to international financial reporting

About the Book: Guide to International Financial Reporting Standards

International Financial Reporting Standards called the IFRS, have been implemented in more than a hundred countries across the world. It has ushered in a principle-based approach and gradually replaced the rule-based approach in Financial Reporting in countries where it has been implemented. In the process, it has brought about standardization and synergies in financial reporting and made the Financial Statements generated by global organizations a much more comprehensible manner to make them easily readable amongst investors and users of Financial Statements across the globe.

Though this is a widely read topic, I tried to come up with this book wherein the complexities and nuances of financial reporting have been reproduced in a simplified manner, especially for finance and business professionals who want to have a reasonable understanding of the subject. 

Key Features: Financial Due Diligence 

The book has comprehensive coverage of the following:

  • Hierarchy of Framework on which the edifice of IFRS has been structured,
  • Brief commentary on each IAS/IFRS along with illustrations and charts covering recognition, measurement, presentation, and disclosure requirements,
  • Frequently asked questions against important chapters,
  • Case studies with detailed solutions,
  • Major differences and similarities of IFRS with US GAAP,
  • A chapter has been devoted to the convergence with Indian Accounting Standards (Ind AS).

Pages: 944 pages

Author: B D Chatterjee

Published on (Date):10 February 2021

Publisher: Bloomsbury Professional India

ISBN-10 ‏ : ‎ 9390513987

ISBN-13  :  978-9390513987

Format:  Paperback

Keywords/Tags/Book Categories: ‘Financial Accounting’, ‘Law’, ‘Analysis & Strategy’

Guide to International Financial Reporting Standards

International Financial Reporting Standards International Financial Reporting Standards called the IFRS, have been implemented in more than a hundred countries across the world. It has ushered in a principle-based approach and gradually replaced the rule-based approach in Financial Reporting in countries where it has been implemented.

URL: https://www.bdchatterjee.com/guide-to-international-financial-reporting-standards

Author: BD Chatterjee

Editor's Rating:
4.8