International GAAP® 2014

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The 2014 update of International GAAP® is now available. It has been fully revised and updated by financial reporting professionals from the International Financial Reporting Group of EY.

International GAAP® 2014 is your essential IFRS reference tool and provides worked examples and hundreds of illustrations detailing complex technical accounting issues to help quickly resolve financial reporting problems.

International GAAP® Online is also available to clients of EY, subject to subscription via our online research tool GAAIT.

The three volume retail edition of International GAAP® is available from and is priced at £135/US$220/€162.

International GAAP® 2014:

  • Examines practical issues arising from the adoption of IFRS 10 (Consolidated Financial Statements); IFRS 11 (Joint Arrangements); IFRS 12 (Disclosure of Interests in Other Entities); IFRS 13 (Fair Value Measurement) and IAS 19 Revised (Employee Benefits).
  • Includes a completely new chapter on the expected changes in hedge accounting under IFRS 9 (Financial Instruments).
  • Explains the many initiatives that are currently being pursued by the IASB and by the IFRS Interpretations Committee and the potential consequential changes to accounting requirements. In particular, projects on Financial Instruments, Revenue Recognition, Leases, Insurance Contracts and the conceptual framework for financial reporting may all results in significant changes to current accounting practice.
  • Provides insight on the many issues relating to the practical application of IFRS, based on the extensive experience of the book’s authors in dealing with recent day-to-day practical issues.

IFRS, the standards set by the International Accounting Standards Board (IASB), are complex. Understanding their implications and applying them appropriately is critical. That is why International GAAP® 2014 is the essential tool for anyone applying, auditing, interpreting, regulating, studying or teaching financial reporting under IFRS.