Practical implementation of international financial reporting standards

Since 2005, UNCTAD's Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) has been deliberating on practical implementation challenges of the International Financial Reporting Standards (IFRS). This publications contains details of major practical implementation challenges and lessons learned from the experiences of member States that have embarked on the implementation process of IFRS, along with country case studies on Brazil, Germany, India, Jamaica, Kenya, Pakistan, South Africa and Turkey.