The industry-specific guide to IFRS interpretation andapplication
One of the biggest challenges of any reporting standard is howbest to interpret and implement it in the context of a specificcompany or industry, given that each industry has its ownintricacies and nuances. The Impact of IFRS on Industryprovides specific guidance on applying IFRS in a diverse range ofsectors.
Opening with an overview of IFRS, including a summary of all thestandards, the book goes on to provide detailed coverage of thestandards that can impact all industries, including IAS-40, IFRS 1,and IFRS 5. Thereafter, it offers practical advice and guidance onthe application of IFRS in specific industries, includingautomotive; oil and gas; bio-sciences; infrastructure; airlines;media and communications; government-owned entities; mining;software; banking and financial services; insurance; FMCG;shipping; pharmaceuticals; telecoms; real estate and construction;power; SMEs; retail; e-commerce; and the service sector. The bookconcludes with a discussion on the collateral impact ofimplementing IFRS and how forthcoming IFRS Standards could impactspecific industries.
Worked examples are used throughout to demonstrate how thestandards are applied in practice.
* Understand the IFRS standards comprehensively
* Learn which standards impact all industries
* Examine the ways in which IFRS is applied in practice
* See how different standards are applied in specificindustries
Suitable as a quick reference or a comprehensive guide, TheImpact of IFRS on Industry gives you the real-world IFRSanswers you need.
Mohan R. Lavi
Accounting Branchenspezifisches Rechnungswesen IFRS International Accounting Internationales Rechnungswesen Rechnungswesen Special Industry Accounting