<b>The easy way to get a grip on International Reporting Standards</b><p><i>IFRS For Dummies</i> is your complete introduction to IFRS and international accounting and balancing standards. Combining all the facts needed to understand this complex subject with useful examples, this easy-to-read guide will have you on top of IFRS in no time.<p>In plain English, it helps you make sense of IRFS and your understanding of: what they are and where they apply; how to adopt IFRS for the first time; how IFRS affects the key components of your financial statements; how to disclose information in financial statements; and much more.<ul><li>Covers what to do if you're applying IFRS for the first time</li><li>Explains complicated material in plain English</li><li>Helps you make sense of this principles-based set of standards that establish broad rules for financial reporting</li></ul><p>If you're an accountant, student, or trainee in need of accessible information on IRFS, this hands-on, friendly guide has you covered.