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Over 113 countries require or permit the use of International Financial Reporting Standards (IFRS) for publicly-traded companies. Many other countries around the world are moving towards applying IFRS. This Book provides a broad, yet comprehensive overview of the International Financial Reporting Standards, and aims to help you understand how they are used globally. It is intended for students and finance professionals who need to acquire more detailed understanding of IFRS, this book is a fast and efficient solution that will develop your knowledge in this field as well as how to apply the standards. You will learn the concepts and principles which underpin them. Also, it can be a very effective tool for people who wish to prepare for a recognition such as DipIFR or CertIFRS froc ACCA.