Publisher's Synopsis
The aim of the IASB to create a global financial reporting system and to converge this with the US GAAP has resulted in the entire standards being subject to constant changes.<br> German users of the IAS/IFRS are now confronted with the task of having to understand and take into account these continuous changes.<br> The commentary is only concerned with the changes made within the relevant period and refers to them in a practical manner. Readers therefore need not work their way through several thousand pages of comments, but instead have a clear presentation of the changes with the relevant comments. This saves time and allows for an effective consideration of the changes.<br> The high–quality team of authors includes renowned scientists, several heads of accounting at DAX 30 companies and members of the German Accounting Standards Committee (DRSC).<br> A collection of the annual issues also results in a documentation of the various stages, allowing for the accounts to be explained in later years.<br>
