The Impact of IFRS on Industry

Business & Finance, Accounting
Cover of the book The Impact of IFRS on Industry by Mohan R. Lavi, Wiley
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Author: Mohan R. Lavi ISBN: 9781119047483
Publisher: Wiley Publication: February 11, 2016
Imprint: Wiley Language: English
Author: Mohan R. Lavi
ISBN: 9781119047483
Publisher: Wiley
Publication: February 11, 2016
Imprint: Wiley
Language: English

The industry-specific guide to IFRS interpretation and application

One of the biggest challenges of any reporting standard is how best to interpret and implement it in the context of a specific company or industry, given that each industry has its own intricacies and nuances. The Impact of IFRS on Industry provides specific guidance on applying IFRS in a diverse range of sectors.

Opening with an overview of IFRS, including a summary of all the standards, the book goes on to provide detailed coverage of the standards that can impact all industries, including IAS-40, IFRS 1, and IFRS 5. Thereafter, it offers practical advice and guidance on the application of IFRS in specific industries, including automotive; 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 book concludes with a discussion on the collateral impact of implementing IFRS and how forthcoming IFRS Standards could impact specific industries.

Worked examples are used throughout to demonstrate how the standards 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 specific industries

Suitable as a quick reference or a comprehensive guide, The Impact of IFRS on Industry gives you the real-world IFRS answers you need.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The industry-specific guide to IFRS interpretation and application

One of the biggest challenges of any reporting standard is how best to interpret and implement it in the context of a specific company or industry, given that each industry has its own intricacies and nuances. The Impact of IFRS on Industry provides specific guidance on applying IFRS in a diverse range of sectors.

Opening with an overview of IFRS, including a summary of all the standards, the book goes on to provide detailed coverage of the standards that can impact all industries, including IAS-40, IFRS 1, and IFRS 5. Thereafter, it offers practical advice and guidance on the application of IFRS in specific industries, including automotive; 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 book concludes with a discussion on the collateral impact of implementing IFRS and how forthcoming IFRS Standards could impact specific industries.

Worked examples are used throughout to demonstrate how the standards are applied in practice.

Suitable as a quick reference or a comprehensive guide, The Impact of IFRS on Industry gives you the real-world IFRS answers you need.

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