IFRS: An overview brings together all of the individual overview sections in our publication Insights into IFRS KPMG's practical guide to International Financial Reporting Standards, 7th Edition 2010/11.
The overview of the requirements of IFRSs included in this publication and in Insights into IFRS, and the interpretive positions described in Insights into IFRS reflect the work of both current and former members of the KPMG International Standards Group and were made possible by the invaluable input of many people working in KPMG member firms worldwide. This overview should be read in conjunction with Insights into IFRS in order to understand more fully the requirements of IFRSs.
The purpose of this publication is to provide a quick overview of key requirements of IFRSs for easy reference. This edition is based on IFRSs in issue at 1 August 2010 that are applicable for entities with annual reporting periods beginning on 1 January 2010.