Teach Yourself IFRS, 4th Edition (2022) by Casmir Idekwulim

Best material for ICAN and ACCA Exams

This simplified superlative and comprehensive text provides a full coverage of the essentials of modern practical accounting. This book provides in a step-by-step approach through fundamental concepts and focuses on “real life” applications and illustrations rather than mere theories.

Featuring:
– Simplified definition.
– Detained explanations.
– Practical problems and solutions.
– Examination questions and solutions.

(IFRS) means International Financial Reporting Standards, it is a set of accounting standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB). The goal of IFRS is to provide a global framework for how public companies prepare and disclose their financial statements. IFRS provides general guidance for the preparation of financial statements, rather than setting rules for industry-specific reporting.

Having an international standard is especially important for large companies that have subsidiaries in different countries. Adopting a single set of world-wide standards will simplify accounting procedures by allowing a company to use one reporting language throughout. A single standard will also provide investors and auditors with a cohesive view of finances.

“Teach yourself IFRS” is the best book one can use to understand IFRS, if gives details of all the answers you need for your questions.

It gives simple definitions, detailed explanations, and give practical questions and solutions.

It treats IFRS in a simplest way that a non-accountant can even understand easily.