Practical Guide to International Financial Reporting Standards

International Financial Reporting Standards (IFRS) have become the global language of corporate reporting, adopted across 130+ countries to ensure transparency, comparability, and accountability in financial disclosures.

About the Book:

Master IFRS with confidence — from foundational principles to the latest global updates.

International Financial Reporting Standards (IFRS) have become the global language of corporate reporting, adopted across 130+ countries to ensure transparency, comparability, and accountability in financial disclosures. Yet for many professionals, applying these standards in practice remains complex.

This comprehensive and practice-oriented guide transforms complexity into clarity. Spanning 44 detailed chapters, it covers every major IAS, IFRS, IFRIC, and SIC interpretation — enriched with illustrations, charts, compliance checklists, disclosure templates, FAQs, and MCQs to make learning and application seamless.

What You’ll Learn Inside:

✔ Complete Coverage of IFRS & IAS — from conceptual framework to specialized standards.
✔ Latest Standards & Amendments (2025 Edition) — including IFRS 18 (Presentation & Disclosure), IFRS 19 (Subsidiaries without Public Accountability), and sustainability-focused IFRS S1 & S2.
✔ Practical Tools — red-flag risk alerts, step-by-step compliance matrices, and sector-specific applications.
✔ Comparative Insights — cross-references with Ind AS, US GAAP, and IAS for global professionals.
✔ IFRS by Industry Sector — tailored guidance for FMCG, healthcare, financial services, energy, retail, e-commerce, start-ups, and more.
✔ Applied Learning — case studies, disclosure formats, and control checklists for real-world use.

Who Should Read This Book?

CFOs, Controllers & Finance Leaders seeking to strengthen compliance and reporting practices.
Auditors, Valuation Experts & Regulators who need precise and practical reference tools.
Students & Professionals preparing for CA, CMA, CS, ACCA, or IFRS certification exams.
Consultants & Academics looking for sector-specific IFRS insights.

About the Author

B.D. Chatterjee is a seasoned finance leader with 40+ years of global experience across industries such as industrial gases, FMCG, healthcare, and financial services. A Chartered Accountant with CS, CMA, and UK Diploma in IFRS, he has held senior leadership positions with Linde Group, DuPont, Kelly Services, Max India, and Mother Dairy. His expertise spans corporate governance, mergers & acquisitions, business valuation, and enterprise risk management. He is also a prolific author of acclaimed books on IFRS, Ind AS, valuation, and governance.

✅ Stay compliant. Stay ahead. Whether you’re preparing financial statements, auditing disclosures, or mastering IFRS for exams — this book is your definitive one-stop guide.