Intermediate Accounting: IFRS & Conceptual Framework

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Busy Accountant - The Best Books Reviews

Busy professional

33 episodes

4 days ago

Join AIra and AIlex as they explore must-read books for accounting professionals! Each episode breaks down key insights and practical strategies from the most impactful and up-to-date books in the world of accounting and finance. Whether you're a public accountant, corporate controller, tax advisor, or auditor, this podcast helps you stay sharp, compliant, and competitive—without the time drain. From financial reporting and tax strategy to ethics, automation, and career growth, you'll get expert summaries tailored to the realities of busy accounting professionals.

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Intermediate Accounting: IFRS & Conceptual Framework

Busy Accountant - The Best Books Reviews

21 minutes 20 seconds

3 weeks ago

Intermediate Accounting: IFRS & Conceptual Framework

The provided text consists of excerpts from an intermediate accounting textbook using International Financial Reporting Standards (IFRS). It covers a wide array of accounting topics, including financial reporting standards, the conceptual framework, the accounting cycle, income statement and statement of financial position preparation, and the time value of money. Specific areas explored include inventory valuation, property, plant, and equipment accounting, and intangible assets. The excerpts feature definitions, examples, illustrations, and problem-solving exercises related to these accounting concepts and their application under IFRS. Furthermore, the text incorporates comparisons between IFRS and U.S. GAAP and discusses the evolving international financial reporting environment. The material aims to equip students with a comprehensive understanding of intermediate accounting principles within a global context.

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