Overview
In a handy, easy to navigate format, this book provides the answers to some of the most commonly asked questions on International Financial Reporting Standards. Covering the often complicated areas of accounting for financial instruments, tangible and intangible assets, provisions and revenue recognition, the book also contains a useful overview of the standards, a glossary of commonly used terms and a test your knowledge section. With a full section on the new IFRS for SMEs, and containing real-world examples from financial reports, this book provides a simple way of getting up to speed on these often confusing, principles-based standards. \xa0