Year
2004
Pages
572
Last Update
01-Feb-2025
Keywords
finance Accounting
KPMG Insights Into IFRS serves as a comprehensive guide to the interpretation and practical application of International Financial Reporting Standards (IFRS). It focuses on the challenges that arise when companies adopt IFRS, particularly the judgment needed to apply these standards to real-world transactions. The guide is designed to help preparers, auditors, and users of financial statements navigate IFRS requirements and maintain comparability in financial reporting. It includes extensive references to specific IFRS standards, illustrative examples, and interpretative guidance on common issues faced in applying IFRS.