Applying IFRS Standards (Wiley Regulatory Reporting) - Softcover

Service, Cathrynne; Kolitz, David; Livne, Gilad; Loftus, Janice; Van Der Tas, Leo; Koning, Miriam; Picker, Ruth

Softcover

ISBN 10: 1394235933 ISBN 13: 9781394235933

Publisher: John Wiley & Sons Inc, 2025

Synopsis

Comprehensive resource explaining the IFRS Standards and teaching the skills required to use them in practice

Written in collaboration with Ernst & Young, this fully updated Fifth Edition of Applying IFRS Standards is designed to meet the needs of accountancy students and practitioners in understanding the complexities of IFRS Standards. Beginning with an overview of the International Accounting Standards Board (IASB) and how it establishes accounting standards, the book goes on to explain the key concepts and applications of IFRS Standards, using a wealth of insights and examples sourced from across the international business world and addressing the skills needed to apply the standards in business environments.

In addition to a comprehensive factual breakdown of the IFRS Standards, each chapter in the first three parts of the book is accompanied by an academic perspective, which offers readers critical interpretations designed to bring further context.

Discussion questions, exercises and references are provided throughout the book. Companion websites contain additional chapters, instructor slides and test banks, additional exercises, a solutions manual, and access to IFRS Learning Resources.

Applying IFRS Standards includes information on:

• Fair value measurement, revenue from contracts with customers, income taxes, financial instruments, share-based payments, inventories, and employee benefits
• Property, plant, and equipment, leases, intangible assets, business combinations, impairment of assets, and financial statement presentations
• Statement of cash flows, operating segments, and consolidation in controlled entities, intragroup transactions, and non-controlling interests
• Qualitative characteristics of useful financial information, going concern assumptions

Applying IFRS Standards is an essential learning resource on the subject for students and early-career accounting professionals and serves as a useful reference for established accounting professionals.

About this title

About the Author

Ruth Picker AM, Former Global IFRS Leader and Asia-Pacific Risk Management Leader, EY. Former IFRIC member.

Leo van der Tas, is Professor of Corporate Reporting at Tilburg University, The Netherlands and partner-contractor with EY. Former IFRIC member.

David Kolitz, Exeter, UK, is Senior Lecturer in Accounting at the University of Exeter Business School.

Gilad Livne, London, UK, is Professor of Accounting at the School of Business and Management, at Queen Mary University of London.

Janice Loftus, Adelaide, Australia, is Associate Professor at the Business School at the University of Adelaide.

Miriam Koning, Rotterdam, The Netherlands, is Associate Professor of Accounting at Rotterdam School of Management, Erasmus University.

Cathrynne Service, is an Independent IFRS consultant, Academic Author and Educationist.

From the Back Cover

A comprehensive IFRS practice resource from leading accounting authorities

In the newly revised fifth edition of Applying IFRS^® Standards, a team of accounting experts delivers a comprehensive practice resource designed for accountancy students and accounting practitioners seeking to better understand the complexities of International Financial Reporting Standards (IFRS).

The book begins with an overview of the International Accounting Standards Board (IASB) and explains how it establishes accounting standards, before moving on to a discussion of the key concepts and applications of IFRS. It offers insights and examples sourced from the international business world and addresses the skills you need to apply the standards in real-world business environments. In addition to a comprehensive factual breakdown of the IFRS Standards, parts of the book are accompanied by an academic perspective, which offers key relevant research findings.

Applying IFRS^® Standards provides discussion questions, exercises, and references, as well as complimentary access to a companion website that contains additional chapters, instructor slides, test banks, more exercises, a solutions manual, and new IFRS Learning Resources.

This is an essential learning tool for students and early-career accounting professionals, as well as a useful desk reference for established accounting practitioners.

Edition details

• Publisher: John Wiley & Sons Inc
• Publication date: 2025
• Language: English
• ISBN 10: 1394235933
• ISBN 13: 9781394235933
• Binding: Paperback
• Edition number: 5
• Number of pages: 704