Jul 15, 2011

International Accounting Standards: from UK standards to IAS, an accelerated route to understanding the key principles of international accounting rules

By Paul Rodgers

Book Description
This handbook is aquick reference to International Accounting Standards and is designed for all those who interact with financial information, and need an accelerated route to understanding the key principles of international accounting rules.
It is essential reading for all members of the management team. Members of any finance and accounting team will find it a practical summary of all the big concerns allowing relevant questions to be raised with auditors and other professionals interested in the governance of the business.
Tables, diagrams and flow charts are used extensively throughout in order to make the information presented user friendly and quickly assimilated. The consequences for the non-accounting functions of a business are clearly highlighted, to give further insights into how International Accounting standards impinge on abusiness.
* Provides an accelerated route to understanding the key principles of the new International Accounting rules and the key skills to ease the transition to IAS
* Shows the impact both on preparation and presentation of financial information and the consequences for analysis and interpretation.
* Identifies the major differences between the two standards and reflects changes expected in the future.
From the Back Cover
This handbook is your quick reference to International Accounting Standards and is designed for all those who interact with financial information, and need an accelerated route to understanding the key principles of international accounting rules.
. Understand the key differences between UK accounting standards and the international equivalents
. Know the differences in terminology and layout
. Appreciate the consequences for financial indicators and the decision making process
Tables, diagrams and flow charts are used extensively throughout to ensure that information is easily understood and quickly assimilated. Consequences for non-accounting functions of your business are clearly highlighted, to give you further insights into how International Accounting Standards impinge on your business.
All companies, both large and small, are affected by the move towards International Accounting Standards. Even those not making the transition themselves will feel the impact in numerous ways, e.g. large suppliers and customers will be using international rules and UK GAAP is progressively migrating to international equivalents.