The practical guide to IAS compliance This handy yet comprehensive quick-reference guide helps accountants prepare and understand financial statements presented in accordance with the rapidly evolving, ever more widely utilized international accounting standards (IAS). This 2000 edition includes complete coverage of all the standards issued or revised under the International Organization of Securities Commissions’ (IOSCO) "core set of standards" program. More than ever before, every accountant or corporate financial official involved in–or contemplating–registration in foreign markets now needs the guidance offered in this book. Written by a team of practicing CPAs with in-depth international experience, this guide includes meaningful real-world examples and interpretive insights into the requirements of IAS. This up-to-date 2000 edition covers important, complex requirements addressed by the IAS, Also, for the first time, the 2000 edition revised standards on accounting for employee benefits (IAS 19), business combinations (IAS 22), and leases (IAS 17); full, integrated coverage of the recently established interpretive series of releases issued by the Standing Interpretations Committee; and a chapter on the often contentious topic of related-party disclosures, as well as coverage of specialized industry accounting rules.