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

Front Cover
Elsevier Science, Sep 10, 2007 - Business & Economics - 273 pages
This handbook is your quick reference to International Accounting Standards and is designed for all those who interact with financial information, and need 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.

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About the author (2007)

Paul Rodgers trained as a chartered accountant before working in the computer industry. He subsequently moved into the training sector where he has specialised in financial and management skills for more than seventeen years, whilst keeping in touch with the commercial world as a director of a large training organisation and its publication function.

Clients have included participants from international accountancy practices, banks, government departments plus a wide range of retail and service companies.

Since the introduction of international accounting rules, his skills in this area have been required by numerous organisations preparing for the transition. He also continues to provide a broad spectrum of training as well as undertaking editorial assignments for both professional bodies and private clients. His most recent projects are the establishment of an accountancy division within a leading City based training company and the design of bespoke training courses for the legal sector

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