Textbook in PDF format International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relevant for companies with shares or securities publicly listed. IFRS have replaced many different national accounting standards around the world but have not replaced the separate accounting standards in the United States where U.S. GAAP is applied. This is the most recent update, of 01.01.2024. All the materials were downloaded from their official website and combined into a single book. Parts B (examples) & C (bases) are missing because they are only available with a paid subscription. Other than that, this book has everything an auditor might need: all Standards currently in force with commentary