The globally-sourced guide to the latest IFRS, with practical
application advice
Wiley IFRS 2015 is a complete guide to the latest International
Financial Reporting Standards set forth by the International Accounting
Standards Board. Written by an international team of experts in global
accounting standards, this guide provides detailed information on the
latest changes to the IFRS, with comprehensive coverage of IFRIC
interpretations and the tools needed to maintain IFRS-compliance.
Readers will find clear, concise explanations delineated by topic for
easy navigation, designed for both quick reference in-depth study, with
practical advice for implementing IFRS in real-life scenarios.
The goal of the IASB is to achieve global convergence of accounting
standards, reducing preparation costs and facilitating the assessment of
business outcomes. The IFRS are a key part of the strategy, simplifying
reporting for multinational corporations and the analysts and investors
tasked with evaluating results. Wiley IFRS 2015 details the most
recent changes to the standards, with expert guidance toward
implementation. Readers will:
- Grasp the underlying framework of the International Financial
Reporting Standards
- Understand how to interpret the standards and apply them in the real
world
- Follow the Disclosure Checklist to verify completeness and IFRS
compliance
- Learn from the experts when implementing IFRS for the first time
More and more countries are either adopting IFRS or adapting local
standards to align with those set by the IASB. The standards change
annually, and failure to stay up to date can affect business strategy
and outcomes, especially when working internationally. Wiley IFRS 2015
provides the latest information and expert guidance, helping
practitioners match IFRS to real-world practice.
