International Financial Reporting Standards: A Framework-based Perspective links broad concepts and general accounting principles to the specific requirements of IFRS to help students develop and understand the judgments required in using a principle-based standard.
Although it is still unclear whether the US will adopt IFRS, the global business environment makes it necessary for accounting students and professionals to be bilingual in both US GAAP and IFRS. This comprehensive textbook offers:
- A clear presentation of the concepts underlying IFRS
- A conceptual framework to guide students in interpreting and applying IFRS rules
- A comparison between IFRS and US GAAP to develop students’ understanding of the requirements of each standard
- Real world examples and case studies to link accounting theory to practice, while also exposing students to different interpretations and applications of IFRS
- End of chapter material covering other aspects of financial reporting, including international auditing standards, international ethics standards, and corporate governance and enforcement, as well as emerging topics, such as integrated accounting, sustainability and social responsibility accounting and new forms of financial reporting
Burton & Jermakowicz have crafted a thorough and extensive tool to give students a competitive edge in understanding, and applying IFRS. A companion website provides additional support for both students and instructors.
- ISBN13 9780415827621
- Publish Date 27 February 2015 (first published 20 February 2015)
- Publish Status Active
- Publish Country GB
- Publisher Taylor & Francis Ltd
- Imprint Routledge
- Format Hardcover
- Pages 827
- Language English