<b>A one-stop resource for understanding and applying current International Financial Reporting Standards</b><p>As the International Accounting Standards Board (IASB) makes rapid progress towards widespread acceptance and use of IFRS (formerly named International Accounting Standards) worldwide, the need to understand these new standards increases. Now fully revised and updated, <i>Wiley IFRS, Fourth Edition</i> is the straightforward handbook for understanding and adapting the IFRS standards.</p><p>This quick reference guide includes easy-to-understand IAS/IFRS outlines, explanations, and practical insights that greatly facilitate understanding of the practical implementation issues involved in applying these complex standards.</p><ul><li>Ten recently issued and revised IFRS standards including business combinations, financial instruments and newly issued IFRS for SMEs</li><li>New International Financial Reporting Interpretations Committee (IFRIC) projects</li><li>Multiple-choice questions with solutions and explanations to ensure thorough understanding of the complex IFRS/IAS standards</li><li>Case studies or "problems" with solutions illustrating the practical application of IFRS/IAS</li><li>Excerpts from published financial statements around the world</li></ul><p>Designed with the needs of the user in mind, <i>Wiley IFRS, Fourth Edition</i> is an essential desktop reference for accountants and finance professionals, as well as a thorough review guide for the IFRS/IAS certification exam.</p>