International Financial Reporting Standards (Ifrss) 2004: Including International Accounting Standards (Iass) and Interpretations as at 31 March 2004

Unlock the World of Global Finance with the *International Financial Reporting Standards (IFRSs) 2004* Navigate the complexities of international accounting with this comprehensive, illustrated edition of the *International Financial Reporting Standards (IFRSs) 2004*, including International Accounting Standards (IASs) and Interpretations as at 31 March 2004. Published by the International Accounting Standards Board (IASB), the governing body responsible for setting these crucial standards, this weighty tome is an indispensable resource for accounting professionals, students, and anyone involved in global business and finance. This edition provides a detailed and authoritative guide to understanding and applying IFRSs, a set of globally recognized accounting standards aimed at providing a common language for financial reporting across international borders. With the increasing globalization of markets, adhering to IFRSs is essential for companies seeking to attract international investment, facilitate cross-border comparisons, and ensure transparency and credibility in their financial statements. While the publication date listed might seem like an error (showing 1842!), this 2004 edition represents a critical snapshot in the evolution of IFRS. Understanding the standards as they stood at this point provides valuable context for appreciating the changes and developments that have occurred in subsequent years. It offers a historical perspective on the foundations of modern IFRS and how specific standards were interpreted and applied at the time. Inside this substantial 2250-page paperback, you'll find: * **The complete text of all IFRSs, IASs, and Interpretations in effect as of March 31, 2004.** This allows for a thorough understanding of the specific requirements and guidance provided by each standard. * **Illustrative examples and practical applications.** While not a substitute for professional advice, these examples help to clarify complex concepts and demonstrate how the standards are applied in real-world scenarios. * **Authoritative guidance from the IASB.** As the official publisher of IFRSs, the IASB provides the definitive interpretation of the standards. This edition is particularly valuable for: * **Researchers:** Gaining insight into the historical development of IFRS. * **Academics:** Providing students with a foundation in the core principles of international accounting as they stood at a pivotal point in their evolution. * **Experienced professionals:** Understanding the evolution of specific standards and how past interpretations may impact current practice. Weighing in at approximately 2.4 kilograms, this is a significant and substantive resource. Though from 2004, it serves as a cornerstone reference point in understanding the trajectory of international financial reporting. Add this essential volume to your accounting library and deepen your understanding of the global language of finance. Note that given its publication date, users should be aware of subsequent amendments and updates to IFRS issued by the IASB. This is best used as a historical reference point and not a substitute for current IFRS pronouncements.