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I really liked that this book moves its focus from theoretical concepts to applying them to solve real business problems. This serves a broad audience, from students to professionals, and gives student learners a great opportunity to prepare for professional qualifications and the job market. The mix of professional accountants and academics in the author group reflects this strength.

The “Financial Reporting in Perspective” section at the end of each chapter is an excellent addition, helping students see how these topics apply in the real world. I also liked that the examples are contextualized for Bangladesh, making it especially suitable for students studying there — something missing from most international accounting textbooks.

IFRS is an ever-evolving space, and as the latest textbook in this area, it captures the most recent developments in accounting standards. I strongly recommend this book for accounting learners at every level, from early-year students to experienced professionals and academics.

Yes, I received the copy by courier. Thank you very much for sending it.

I’m truly impressed by the effort you’ve put into preparing this book. It looks comprehensive and well organized, and I’m looking forward to reading it. I’m confident it will be a valuable resource for students, professionals, and others interested in IFRS.

Congratulations on this wonderful achievement, and I wish the book great success.

Regards

Krishna Chandra Basak FCA FCMA

Chief Financial Officer

Maritime Entrepreneurs Pte Ltd.

As financial reporting becomes increasingly complex, IFRS Application provides a clear and easy-to-understand guide to applying IFRS, using Bangladesh-based examples. I find this book immensely valuable and believe it will serve as an excellent reference for students, finance professionals, and anyone involved in financial reporting and accounting. The authors’ efforts in producing such a practical and comprehensive resource deserve high recognition.

International Financial Reporting Standards (IFRS) serve as a standardised global language for business affairs, ensuring that company accounts are understandable, uniform and comparable across international boundaries. Developed by the International Accounting Standards Board (IASB), these principles-based standards require high-quality, transparent, and comparable information in financial statements to help investors, regulators and other stakeholders make informed economic decisions. The practical application of IFRS requires companies to move away from rigid, rule-based accounting formulas and instead rely heavily on professional judgment and fair value metrics, which accurately reflect the true economic substance of financial transactions. While implementing IFRS enhances cross-border investment and reduces financial reporting costs for multinational corporations, it also presents significant challenges, such as navigating complex transitional reconciliations, managing continuous updates and aligning diverse cultural and legal backgrounds with a single global framework. Thanks Bakul and his team for glorious efforts to make a difference.

I would like to thanks to all the authors, co-authors and all support functions to make this outstanding publication in Bangladesh. Honestly, first time I have seen such a complete book on IFRS which is truly comparable with any international publication like Wiley or any others. The chapter shared in this group, I have gone through and realised that this will be very much helpful for students, practitioners as well as any finance professionals on day to day application of IFRS in practical scenarios. Another good part is that the illustrations are taken from Bangladeshi public listed companies which is very inclusive idea. This work is really hard efforts from the authors and publishers, but it will set the example of requirements of IFRS and it’s application in real world. I wish this book shall continue to update version on time to time.

With best regards,

Mohammad Abdullah Al Maruf FCA

Deputy General Manager- Finance

Transcom Consumer Products Limited