International Accounting Standards: From UK Standards to IAS, An Accelerated Route to Understanding the Key Principles of International Accounting Rules

• Understand the key differences between UK accounting standards and the international equivalents
• Know the differences in terminology and layout
• Appreciate the consequences for financial indicators and the decision making process

Tables, diagrams and flow charts are used extensively throughout to ensure that information is easily understood and quickly assimilated. Consequences for non-accounting functions of your business are clearly highlighted, to give you further insights into how International Accounting Standards impinge on your business.

All companies, both large and small, are affected by the move towards International Accounting Standards. Even those not making the transition themselves will feel the impact in numerous ways, e.g. large suppliers and customers will be using international rules and UK GAAP is progressively migrating to international equivalents.

This book is vital reading for all members of the management team, and acts as a quick route map to assist you in tackling issues as they are encountered. Members of the finance and accounting team will find it a practical summary of all the big concerns allowing relevant questions to be raised with auditors and other professionals interested in the governance of the business.