This is not a book on real estate investments and finance it is a financial accounting manual for keeping the books of real estate entities in accordance with the classification measurement recognition and presentation rules of the international financial reporting standards ifrs. Ifrs in real estate more than just accounting reporting ifrs in real estate more than just accounting reporting as the acronym ifrs international fi nancial reporting standards a variety of sub ledgers manual adjustments data hand offs and accounting overrides you may want to consider a fresh look at your. Ifrs accounting manual for the real estate the real estate sector is a multi billion dollars industry that will always keep growing despite a few occasional hiccups this industry requires specialized knowledge skills and tools in order to manage and sustain it. Ey provides insights into international financial reporting standards ifrs the single most important initiative in the accounting and financial reporting world applying ifrs in real estate the new revenue recognition standard real estate the hedge accounting requirements in ifrs 9 were developed with a view to providing better . Ifrs accounting manual for the real estate comprehensive simplified this book is an attempt to collate all the standards and interpretations that are applicable to real estate entities in one volume and present them in a way that aligns with operational workflow of real estate business
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