Publisher's Synopsis
Advanced Financial Accounting is the first consolidated and simplified reference textbook to illustrate in detail the background and intended applications of the IFRS. Each chapter summarises and explains new or revised IFRS, along with their key underlying concepts, appropriate accounting treatment and the associated requirements in a concise and user-friendly way. Complex accounting issues are explained with up-to-date real-world examples to illustrate how these problems have been addressed by listed companies across Europe.
