The Core Aspects of International Financial Reporting Standards and International Accounting Standards

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International Accounting Standards are fast becoming a global feature with more countries switching from domestic standards to International. Most of the international standards are complex and technical. This book aims to summarise the core technical aspects of the accounting standards in an easy to understand format. Most chapters contain illustrative examples of how the standard works in practice as well as defining some of the more complex and technical terms users often come across when reporting under IFRS.