International Accounting Standards Explained [9780471720379]

Overview

International Accouting Standards Explained is an introduction to IASC and to the requirements of the IAS. It outlines how the standards are used on a daily basis by companies in preparation of their financial statements.

It offers a detailed description of the International Accounting Standards Committee and how it is structured. It examines the use of IAS from a practice orientation and looks at the main components of the financial statements, including questions of recognition and measurement of key financial statement items.

There is also a discussion of the IASC Framework for the Preparation and Presentation of Financial Statements. The framework provides a foundation for the development of new standards and is used as reference for applying IAS in the absence of detailed application guidance.

The book, International Accounting Standards Explained [Bulk, Wholesale, Quantity] ISBN#9780471720379 in Paperback by International Accounting Standards Committee may be ordered in bulk quantities. Minimum starts at 25 copies. Availability based on publisher status and quantity being ordered.