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International Accounting Standards Explained
International Accounting Standards Explained is an introduction to IASC and to the requirements of the IAS. It outlines how the standards are used on a daily basis by companies in preparation of their financial statements.
It offers a detailed description of the International Accounting Standards Committee and how it is structured. It examines the use of IAS from a practice orientation and looks at the main components of the financial statements, including questions of recognition and measurement of key financial statement items.
There is also a discussion of the IASC Framework for the Preparation and Presentation of Financial Statements. The framework provides a foundation for the development of new standards and is used as reference for applying IAS in the absence of detailed application
The International Accounting Standards Committee (IASC) is an independent organization, established in 1973 with the objective of harmonizing the accounting principles that are used by businesses and other organizations throughout the world. as currently constituted, membership includes 153 professional accounting bodies in 112 countries representing 2 million accountants. The board of ISAC has 16 members and is responsible for developing and approving International Accounting Standards.
Please Note:
This is a Print-on-Demand title. It will be printed
specifically to fill your order. Please allow an additional 3 days delivery time
for paperbacks, and 10 days for hardcover's. The book is not returnable.
What's Included:
- Paperback, 484 pages, December 2000
Authors: International Accounting Standards Committee
Format: Paperback
Item #: 978-0-471-72037-9
Price: $90.00 (US)
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