The continuing focus of the second edition of this book is on interpreting, analysing and illustrating the fi nancial reporting requirements under IFRSs. Each chapter contains numerous illustrative examples that present and explain concepts to ensure that users gain a deep understanding of the reporting requirements and meet the knowledge expectations of the accounting profession.

The coverage of accounting standards has been expanded in the second edition with the inclusion of new chapters on IFRS 6 Exploration for and Evaluation of Mineral Resources, IAS 18 Revenue, IAS 19 Employee Benefi ts and IAS 41 Agriculture. This book has been written for intermediate and advanced fi nancial accounting courses, at both undergraduate and postgraduate levels.