"This encyclopaedic handbook is the indispensable reference manual on International Accounting Standards. David Cairns’s deep knowledge of the work of the IASC, as well as its many points of contact with other organisations, is on rich display in this impressive book"
(European Accounting Review, Vol 8, No 4, 1999, pp800-802)

The fourth edition of Applying International Financial Reporting Standards includes:

• practical implementation guidance on all IFRS which apply to 20025 and 2006 financial statements;
• the links between IFRS and International Auditing Standards, International Valuation Standards and EU Directives;
• the comments of IOSCO, the Basel Committee and other regulators on IFRS; and
• extracts from the IFRS financial statements of 200 companies.