IFRS: A briefing for chief executives, audit committees and boards
Receive a broad overview of International Financial Reporting Standards (IFRS).
Prepared specifically for chief executives, members of audit committees and boards of directors, this concise and easy-to-use briefing includes summaries, in non-technical language, of IFRS required for annual reporting periods beginning on January 1, 2015.
Addressing the more common or significant matters encountered in the application and practice of standards, this briefing outlines the key aspects, judgments and estimates in IFRS.
You will find:
- a conceptual framework that sets out concepts underlying the preparation and presentation of financial statements for external users
- the main principles in the International Accounting Standards Board’s standards that are required for annual reporting periods beginning on January 1, 2015
- an IFRS Practice Statement management commentary that relates to financial statements that have been prepared in accordance with IFRS
- an appendix containing summaries of standards that have an effective date after January 1, 2015