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For many years the International Accounting Standards Committee (IASC) has been working to develop a set of accounting standards which can be used to bring about uniformity in financial reporting around the world. This text and CD-ROM pack provides the tools for understanding those standards and offers expertise on how to use and implement them. It offers a complete listing of all relevant IASC standards, including background information and practical guidance on all the traditional U.S. and U.K. GAAP topics that are not covered by IASC standards. In addition, this set provides up-to-date coverage of IAS format exposure drafts and Statements of Position (SOPs), a demonstration of the need for increased harmonisation and comparability in the global marketplace, and detailed, complex "real-world" examples.