|It is critical for preparers of financial statements and auditors to understand the complexities of International Financial Reporting Standards (IFRS). AICPA publications cover everything you need to know on IFRS and its financial statements. Drawing from a carefully selected pool of 175 IFRS companies from 45 countries across various industries, IFRS Financial Statements—Best Practices in Presentation and Disclosure offers a multitude of high quality disclosure examples directly from such organizations as Thomson Reuters Corporation, Korea Electric Power Corporation, and Deutsche Telekom AG. Seventy-five percent of the survey companies are new this year, including some from Korea and Canada, both of which adopted IFRS in 2011.
The following products are available from the AICPA to help provide guidance and resources for those interested in IFRS.