Best book on IFRS with practical problems and solution

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Rohan (Querist)
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09 May 2021 Hello, Can you pls suggest best book on IFRS which has some illustrations on practical problems and solutions and which can be referred as a good guidance to understand IFRS in details?

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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06 July 2024 Here are some highly recommended books on IFRS that provide detailed explanations, practical problems, and solutions:

1. **"IFRS: A Quick Reference Guide" by Robert Kirk**
- This book offers a comprehensive overview of IFRS, including detailed explanations of standards and practical examples. It's a handy reference guide for quick insights and understanding of specific standards.

2. **"Wiley IFRS: Practical Implementation Guide and Workbook" by Abbas A. Mirza, Graham Holt, and Magnus Orrell**
- This book is known for its practical approach, providing numerous examples and solutions to real-world problems. It's a valuable resource for understanding the application of IFRS in different scenarios.

3. **"International Financial Reporting Standards (IFRS) Workbook and Guide: Practical Insights, Case Studies, Multiple-Choice Questions, Illustrations" by Abbas A. Mirza, Graham Holt, and Magnus Orrell**
- This workbook complements the theoretical understanding of IFRS with practical exercises, case studies, and multiple-choice questions to test and enhance your knowledge.

4. **"Applying IFRS Standards" by Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Janice Loftus, and Leo van der Tas**
- This book provides an in-depth understanding of IFRS standards, enriched with practical illustrations and examples. It covers the application of standards in various financial situations.

5. **"Insights into IFRS: KPMG's Practical Guide to International Financial Reporting Standards" by KPMG**
- A detailed guide from KPMG, this book offers practical insights into the application of IFRS. It includes examples, case studies, and expert commentary on different standards.

6. **"International Financial Reporting Standards: An Essential Guide" by Hennie van Greuning, Darrel Scott, and Simonet Terblanche**
- This guide provides a comprehensive overview of IFRS with practical applications and case studies, making it a useful resource for both students and professionals.

7. **"Financial Accounting with International Financial Reporting Standards" by Jerry J. Weygandt, Paul D. Kimmel, and Donald E. Kieso**
- This book integrates IFRS into financial accounting education, offering practical problems and solutions to help readers understand and apply IFRS standards.

These books are widely used by students, professionals, and academics to gain a thorough understanding of IFRS. They include practical problems and solutions, making them valuable resources for mastering the application of IFRS in real-world scenarios.