Pocketbook of International Financial Reporting Standards (IAS/IFRS)
About the Book: Your Ultimate Desk Companion for Mastering Global Accounting Standards
About the Book:
Whether you’re a student, accounting professional, finance manager, or business owner navigating international financial reporting, this Pocketbook of IFRS is your go-to reference guide. Designed for quick access, clarity, and real-world relevance, this expertly compiled book brings together the complete framework of International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) in a simplified, digestible, and portable format.
Why This Book Matters:
With globalization, IFRS has become the gold standard in financial reporting, adopted in over 140 countries. This pocketbook helps you keep pace with the complex world of financial reporting by providing a structured, simplified, and practical summary of all key standards. Whether you’re preparing financial statements, conducting audits, transitioning from local GAAP, or studying for exams, this book eliminates jargon and delivers what you really need to know.
What You’ll Find Inside:
- 44 Structured Chapters covering major IAS and IFRS standards
- Clear explanations of scope, recognition, measurement, presentation, and disclosure
- Coverage of IFRS 1 to IFRS 19 and IAS 1 to IAS 41
- Interpretations from IFRIC and the IFRS Foundation
- Dedicated sections on ESG reporting, SMEs, hyperinflation, and first-time adoption
- Multiple Choice Questions (MCQs) for revision and exam preparation
- Real-life case studies with journal entries and analysis
- A Global IFRS Compliance Checklist for audit and disclosure planning
Who Should Use This Book?
- Students preparing for CA, ACCA, CPA, CMA, MBA, and B.Com exams
- Audit and compliance professionals working in IFRS environments
- Corporate finance teams, CFOs, and accounting staff
- Trainers, lecturers, and academic institutions
- Startups and SMEs applying IFRS or preparing for funding
Why Choose This Pocketbook?
- Concise, complete, and exam-oriented summaries
- Updated to include latest developments: IFRS 17, IFRS 18, IFRS 19, and ESG standards
- Well-structured layout with cross-references and logical flow
- Designed for quick navigation, review, and exam use
- Useful for practical financial reporting and academic success
Bonus Highlights:
- IFRS 1 – First-Time Adoption of IFRS
- IFRS 9 – Financial Instruments and Impairment Models
- IFRS 15 and IFRS 16 – Revenue and Leases with examples
- IFRS 17 – Insurance Contracts explained simply
- IFRS 18 – New presentation and disclosure requirements
- IFRS 19 – Reduced disclosures for subsidiaries
- IFRS for SMEs – Tailored guidance for small enterprises
- IFRS 13 – Fair Value Hierarchy and measurement techniques
- IAS 36, 37, 38 – Key topics like impairment, provisions, and intangibles
This book has been curated to give you more than just theoretical understanding — it’s about mastering real-world financial reporting. Whether you’re in India, the UK, the Middle East, or any IFRS-converged jurisdiction, this book is a must-have on your shelf or Kindle device.
Master IFRS with clarity, confidence, and compliance. Start your journey now.
