Monday, October 30, 2006
Online guidance for applying IFRS
PricewaterhouseCoopers has developed an interactive electronic publication called Applying IFRS. It offers guidance on International Financial Reporting Standards with over 1,000 solutions to illustrate how the standards should be applied in practice. Written in clear English, the guidance is based on the components of IFRS financial statements. It allows you to select an area and gives a definition of the component followed by practical application guidance. The proposed solutions are taken from real life situations to illustrate best practice.