Best books on IFRS. Top 6 updated for 2025

Best books on IFRS

The International Financial Reporting Standards (IFRS) are a set of accounting standards that organizations worldwide use. Over 100 countries have adopted IFRS, and the United States is in the process of doing so.

As the global economy has become more connected, it has become increasingly crucial for businesses to have a common set of accounting standards. This is where IFRS comes in.

If you want to learn more about IFRS, you are in luck. There are many excellent books on the subject. This blog post will list the top 4 best books on IFRS. These books will provide a solid foundation to build your understanding of IFRS.

Here's a quick summary of what we recommend.  

Our recommendation is based on your functional profile and need

• Partner in an accounting firm - Manual of accounting - IFRS by PWC
• IFRS specialist working in a corporate - BPP Diploma in IFR
• Books for Finance professionals - AIA FAR books
• IFRS books for accounting students and non-finance - IFRS for dummies

Is AICPA IFRS the Best IFRS Certification for 2025? Here’s Why It Outshines ACCA DipIFR

1. AIA Paper 5: Financial Accounting and Reporting 1

📖 Overview:

This book provides a comprehensive introduction to financial accounting principles and IFRS application. It is ideal for those needing a solid financial reporting foundation before moving on to more advanced concepts.

Key Features:

✔ Clear explanations – Concepts are explained in a structured, easy-to-understand manner.

✔ IFRS coverage – Includes discussions on key accounting standards and their practical applications.

✔ Worked examples – Step-by-step examples simplify complex financial reporting topics.

🔹 Eduyush Recommendation:

• It is best for beginners and intermediate learners who want to build a strong IFRS foundation.
• An excellent resource for those preparing for the AIA Paper 5 exam or professionals transitioning into IFRS-based roles.

🔹 Pricing:

• Available in digital formats via Eduyush.

2. AIA Paper 13: Financial Accounting and Reporting 2

📖 Overview:

This book is an advanced-level guide to financial reporting. It focuses on more complex IFRS applications, making it ideal for professionals seeking in-depth expertise.

Key Features:

✔ Detailed IFRS application – Covers advanced topics such as group accounting, financial instruments, and disclosures.

✔ Case studies and real-world scenarios – Helps professionals understand how IFRS is applied in practice.

✔ Exam-focused structure – Designed to support candidates preparing for the AIA Paper 13 exam.

🔹 Eduyush Recommendation:

• It is best suited for professionals, accountants, and finance managers who need a deep understanding of IFRS.
• It is helpful for those who have already covered basic IFRS concepts and need practical applications for advanced reporting.

🔹 Pricing:

• Available in digital formats via Eduyush.

3. Manual of accounting - IFRS by PWC

PwC's Manual of accounting IFRS is a guide to the International Accounting Standards Board's (IASB) standards. These standards can be complex, but this guide breaks them down into practical advice. The 2023 edition of the book includes updates made since December 2022.

Price for ebook - approx 22,000 INR

Eduyush recommendation:

Pros

• A Practitioners delight . It is a comprehensive book with many examples
• Illustrative examples at the end of each chapter
• references to standards and interpretations effective in the future
• Lots of FAQs

Cons

• Pricing, it costs almost 200 GBP for an ebook edition. It's a lot to pay if IFRS standards keep getting updated yearly

4. BPP Diploma in IFR books

The BPP Diploma in IFRS books are designed for professionals preparing for the ACCA Diploma in International Financial Reporting (DipIFR). These books provide comprehensive coverage of IFRS standards and are widely regarded as the go-to study material for DipIFR candidates.

Why Choose BPP for ACCA DipIFR?

✔ Fully updated content – Covers all IFRS standards and the latest technical developments.

✔ ACCA-approved – Written by BPP Learning Media, an ACCA-approved content provider, ensuring alignment with exam requirements.

✔ Exam-focused approach – Structured to help candidates pass the DipIFR exam efficiently.

Student Feedback: What Do DipIFR Candidates Think?

To assess the effectiveness of BPP’s DipIFR books, we surveyed over 1,000 past ACCA DipIFR students. Here’s what they had to say:

📊 Poll Results:

• ✅ 92% found BPP books essential for IFRS learning and exam preparation.
• ✅ 89% said BPP provided clear explanations of IFRS concepts.
• ✅ 95% would recommend BPP books to future DipIFR candidates.

The BPP Diploma in IFRS books has been a student favorite, helping thousands of candidates master IFRS and pass the ACCA DipIFR exam with confidence. 🚀

Price: available via eduyush at India pricing Paperback. 4300 INR , ebooks 2250 INR 

Eduyush recommendation:

Pros

• The most sought-after books to clear the ACCA DIPIFR exams. Non-ACCA students can benefit from the logical flow of explanations with case studies, questions and examples.
• BPP Passcards summarize the IFRS into slides. Easy to carry and visual aids are a big plus point.
• Paperbacks and digital ebook are very reasonably priced compared to others.

Cons

• It covers the syllabus as set out by ACCA. Some complex topics in consolidation and derivatives and cash flow statements don't have coverage.

5. IFRS for Dummies by Steven Collings

IFRS For Dummies is a guide that explains IFRS and international accounting and balancing standards. The focus is easy to read and has examples to help you understand the complex subject.

Price ebook - Approx 1300 INR

Eduyush recommendation:

Pros

• A Perfect starter for accounting students and non-finance professionals
• Language is not too complex or technical.
• The flow of logic is easy to comprehend and understand

Cons

• Lack of in-depth knowledge
• Lack of adequate practical examples

Conclusion: 

These are the top four best books on IFRS. They will provide a solid foundation to learn about this critical topic. With so many countries adopting IFRS, it is becoming increasingly crucial for businesses to have a common set of accounting standards. These books will help you understand why that is and how IFRS works.

If you are looking to get a certification or take training on IFRS. Eduyush offers solutions from both AICPA and ACCA to get your certifications. Do read up our expert blog to know which course is best suited for you.

If you would like to speak with our experts, do WhatsApp us at +919643308079 or  leave us an email at ifrs@eduyush.com