7 Best Accounting Standards Books To Learn From

accounting standards book

It does not matter if you are a student or a professional, but if you use accounting on a day-to-day basis, you need to learn the basics of accounting standards. And the most efficient way to do that is by reading a book for accounting standards. You can grab the textbook anytime, so there is no scheduling problem for studying. Here are some of the best accounting standards book with which you can begin your learning. 

Intermediate Accounting

accounting standards book

The best features of this book are:

  • Experts in the industry have written it. So you get appropriate information and excellent knowledge from the book. 
  • It has up to date concepts and theories. So you will not have any difficulty in applying those in your work. 

Government Auditing Standards

You can easily find the 208 revision of this book. It includes all the information about accountability over government programs. With this book, you can read about real-life usage of theories, so you will be able to understand things better. 

The Vest Pocket Guide to GAAP

accounting standards book

The book includes almost all the topics that you will come across during accounting. The most significant part about this book is that it is easy to understand, and you can read it regardless of your professional level. So it does not matter whether you are a professional or a beginner in the accounting domain; you can enhance your skills with this book. That is why it is one of the best Accounting Standards books. 

IFRS For Dummies

If your work revolves around IFRS, then this book will be the perfect fit for you. Even if you do not know about IFRS, this book will clear all your concepts from scratch. So you can start your IFRS accounting journey with this book. Also, if you already know the basics, you can start with the in-depth knowledge provided in the book. 

Wiley Interpretation and Application of IFRS Standards

accounting standards book

The IASB keeps on changing its standards regularly. That is why you need to grab a book that can provide you with information about the latest trends in IFRS. With the 2018 revision of this book, the authors have bought the current IFRS interpretations and applications. So you can learn thoroughly. 

A Comparision of IFRS Standards and U.S. GAAP

The book has a clear and detailed discussion of how the U.S. GAAP and the IFRS Standards are distinct. With this book, you can learn those differences and see how you can be benefited from one of them. There is no clear explanation about the benefits because it depends on the work that you do. 

UK GAAP 2017

accounting standards book

The most useful part about this book is that it does not leave you in any confusion. Each topic of the book is explained well so that you can understand better. Also, it includes various diverse topics, whose knowledge can benefit you in different ways. So you can read the book and expand your accounting knowledge to a great extent. 

Conclusion

Your selection of the book for accounting standards will depend on your purpose of learning. If you are a student, then you will have to grab a book that is made for beginners. And if you are a professional, then you will have to choose a book that can benefit you with your work. So select the best book from this list and start your accounting journey.