International GAAP 2008 (PDF)

IFRSs, the standards set by the International Accounting Standards
Board (IASB), are complex and sometimes obscure. Understanding
their implications and applying them appropriately requires
something special....and that is why International GAAP
2008 is the essential tool for anyone applying, auditing,
interpreting, regulating, studying and teaching international
financial reporting. It provides expert interpretation and
practical guidance for busy professionals, and includes, in every
chapter, detailed analysis of how complex financial reporting
problems can be resolved appropriately and effectively.

International GAAP 2008 is the only globally
focused work on IFRSs. It is not constrained by any individual
country's legislation or financial reporting regulations, and
it ensures an international consistency of approach unavailable
elsewhere. It shows how difficult practical issues should be
approached in the new complex global world of international
financial reporting, where IFRSs have become the accepted financial
reporting system in more than 120 countries. This integrated
approach provides a unique level of authoritative material for
anyone involved in preparing, interpreting or auditing company
accounts, for regulators, academic researchers and for all students
of accountancy.

The International Financial Reporting Group of Ernst & Young
includes financial reporting specialists from throughout the world.
Complex technical accounting issues are explained clearly in
a practical working context that enables immediate understanding of
the point at issue.

International GAAP 2008 is accompanied by numerous
worked examples, a comprehensive discussion of the practical issues
of the day and the possible alternative solutions available, and
hundreds of practical illustrations taken from the actual financial
statements of companies that report under IFRSs.

* The only globally focused work on IFRS giving an international
consistency of approach unavailable elsewhere

* This new and essential volume of practical guidance and expert
interpretation deals with every aspect of applying International
Financial Reporting Standards (IFRS) appropriately and
effectively

* Written by financial reporting experts from the International
Financial Reporting Group of Ernst & Young

* Includes a new chapter on Extractive Industries (mining, oil
& gas), the biggest industry sector in the world

* This new edition in the International GAAP® series serves
as a successor to the same authors' market-dominating UK GAAP
and UK & International GAAP

"an important part to play in the process of promoting
consistent, comparable and high quality financial reporting under
IFRSs ... a book that not only provides an analysis of the
requirements of the standards and the principles that they expound,
but also presents a unique explanation of how the standards should
be interpreted and applied in practice."

--the Chairman of Trustees of the IASC Foundation

Praise for previous editions in the International GAAP
series:

"A standard reference work"

--Financial Times

"The definitive guide to financial reporting"

--The Times