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International Financial Reporting Standards, by Marlene Plumlee
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This IFRS Supplement discusses the general context of US Generally Accepted Accounting Principles (US GAAP) and International Financial Reporting Standards (IFRS) and provides background information about the use of US GAAP and IFRS and ‘players’ that will ultimately affect how and when IFRS will be adopted internationally. Included also is an overview of the conceptual frameworks that underlie the formation of US GAAP and IFRS. A comparison of two companies is offered, one that employs US GAAP to prepare its financial report and one the employs IFRS to prepare its financial report.
This IFRS supplement is a perfect pairing to Introduction to Financial Accounting 9th edition by Horngren
- Sales Rank: #2198725 in Books
- Published on: 2009-06-22
- Original language: English
- Number of items: 1
- Dimensions: 8.80" h x .30" w x 5.60" l, .25 pounds
- Binding: Paperback
- 66 pages
From the Back Cover
This IFRS Supplement discusses the general context of US Generally Accepted Accounting Principles (US GAAP) and International Financial Reporting Standards (IFRS) and provides background information about the use of US GAAP and IFRS and ‘players' that will ultimately affect how and when IFRS will be adopted internationally. Included also is an overview of the conceptual frameworks that underlie the formation of US GAAP and IFRS. A comparison of two companies is offered, one that employs US GAAP to prepare its financial report and one the employs IFRS to prepare its financial report.
This IFRS supplement is a perfect pairing toIntroduction to Financial Accounting9th edition byHorngren
Most helpful customer reviews
1 of 1 people found the following review helpful.
Insightful international accounting textbook
By Eric L. Troff
I took an international accounting class from Marlene Plumlee (the author of this text book). I enjoyed the book and the class. Marlene is extremely knowledgeable when it comes to international accounting standards and you will see that as you her work. This book deals with the process standard setters go through when they create accounting standards, the differences between GAAP and IFRS, and many other relevant issues. This textbook will give you a strong background in understanding the evolution of IFRS and the convergence programs that have taken place over the years. It will help you understand the current standard setting environment. It will also help you develop an opinion on the way standard setters should move forward. I came away from this book with a much better understanding of the frameworks that underlie the accounting standards. I would recommend this book to anyone who has an interest in global/international accounting.
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