As more countries adopt International Financial Reporting Standards (IFRS), both professionals and students need a complete resource on the subject. IFRS Convergence: A Global Perspective is designed as a ready reference for professionals and a first stop for the uninitiated. Every standard and all key topics are discussed in detail—from accounting treatments and disclosure to model accounting policy and related interpretations—and tips that identify key aspects of the standards to promote better understanding of the subject are highlighted throughout. A collection of key IFRS terms is also provided.