International GAAP 2005

- Covers all the new standards required for 2005 year ends
- Specifically written for global consistency, as approved by the Global IFRS Policy Committee of Ernst & Young
- Detailed contents section and index to aid speed of reference

International GAAP® 2005 goes much further than explanation. It interprets the standards, sets them in context, and gives insights into how difficult day-to-day practical issues should be resolved in the real world of financial reporting.

Each chapter of the book deals with a key area of IFRS and has a common structure for ease of use and includes
- An introduction to the background issues
- An explanation of relevant principles
- A clear exposition of the requirements of IFRST
- A discussion of the implications in practice
- Worked examples
- Extracts for the accounts of real companies
- A full listing of the required disclosures
- Full guidance on the first time adoption of IFRST

* Most authoritative title worldwide on IFRS
* Sets the international finance standards in context that goes beyond academic analysis and gives insights into day-to-day issues
* Written for global consistancy; IFRS are now followed by a growing international community
* Covers all the new standards required for 2005 year-ends