This book is written for all employees working in Finance & Audit function of corporates, students, Practicing Accountants and other employees, who want to understand basics of International Accounting Standards easily.You can refer this pocket book to quickly refresh your knowledge of International Financial Reporting Standards and International Accounting Standards. We have covered all important details of every IFRS & IAS in less than a page with a quick pictorial summary of the standard. You can revise entire set of accounting standards in less than a day.Simplified Language is used for this book to support people, who have difficulty in learning technical jargons.Author of this book is a Chartered Accountant (CPA) and he has over 14 years of practical experience in IFRS & IAS matters.