What are the key accounting issues facing retailers, and how are these issues being addressed under IFRS? Our publication The Application of IFRS: Retail companies helps to answer these questions and uses real-life examples to illustrate current reporting practices in the retail sector.
This survey-based application book covers 27 companies from 13 countries. It focuses on the accounting issues facing the sector and the approaches taken by companies to address them, and includes over 80 disclosures made by selected companies to illustrate the accounting issues relevant for the retail sector.
This will serve as a useful resource for both existing users of IFRS and companies seeking to understand what their financial reporting might be like under IFRS.
Companies already applying IFRS will find valuable information on trends in disclosure and accounting policies within the retail sector. Companies that haven’t yet adopted IFRS will find the survey useful in assessing the impact of adopting IFRS.