IDEAS home Printed from https://ideas.repec.org/b/wbk/wbpubs/2620.html
   My bibliography  Save this book

International Financial Reporting Standards : A Practical Guide, 5th Edition
[Estandares internacionales de informacion financiera : guia practica]

Author

Listed:
  • Hennie Van Greuning

Abstract

The publication of this fifth edition coincides with the convergence in accounting standards that has been a feature of the international landscape since the global financial crisis of 1998. The events of that year prompted several international organizations, including the World Bank and the International Monetary Fund, to launch a cooperative initiative to strengthen the global financial architecture and to seek a longer-term solution to the lack of transparency in financial information. A conscious decision has been made to focus on the needs of executives and financial analysts in the private and public sectors who might not have a strong accounting background. This publication summarizes each standard so managers and analysts can quickly obtain a broad overview of the key issues. Detailed discussion of certain topics has been excluded to maintain the overall objective of providing a useful tool to managers and financial analysts. In addition to the short summaries, most chapters contain basic examples that emphasize the practical application of some key concepts in a particular standard. This text provides the tools to enable an executive without a technical accounting background to: (1) participate in an informed manner in discussions relating to the appropriateness or application of a particular standard in a given situation, and (2) evaluate the effect that the application of the principles of a given standard will have on the financial results and position of a division or of an entire enterprise.

Suggested Citation

  • Hennie Van Greuning, 2009. "International Financial Reporting Standards : A Practical Guide, 5th Edition [Estandares internacionales de informacion financiera : guia practica]," World Bank Publications - Books, The World Bank Group, number 2620.
  • Handle: RePEc:wbk:wbpubs:2620
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstreams/9e24bbaa-8094-597a-9b31-976a254e14b9/download
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. TĂNASE Alin-Eliodor & CALOTĂ Traian-Ovidiu, 2014. "Types Of Shares," Romanian Economic Business Review, Romanian-American University, vol. 9(1), pages 7-20, March.
    2. Traian Calota & Alin-Eliodor Tănase, 2013. "Improving the Numbers of Financial Statements," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 3(3), pages 1-15, June.
    3. Neculai Tabara & Mihaela Ungureanu, 2012. "Considerations about the Normalization of National Accounting," EuroEconomica, Danubius University of Galati, issue 2(31), pages 51-56, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbpubs:2620. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.