The Essential IFRS Guide has been comprehensively updated and edited for 2017, ensuring all recent IFRS updates are covered.
This innovative publication aims to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements.
The Guide shows readers how to:
• Discuss and apply a conceptual framework for financial reporting
• Discuss a regulatory framework for financial reporting
• Prepare and present financial statements which conform with International Financial Reporting Standards
• Account for business combinations in accordance with International Financial Reporting Standards