The CA Final Global Financial Reporting Standards by CA Sumit Sarda is an elective paper introduced keeping in mind the rise in trade and flow of capital across borders, and the consequent need to be aware of the reporting standards operational elsewhere. The paper covers the key concepts of International Financial Reporting Standards and helps students apply such knowledge to make computations and address practical issues. The paper also covers the distinctions between IFRS and US GAAPs. It is advisable that students go through the CA Final Financial Reporting topics that deal with Indian ASs and the difference between Indian ASs and IFRS. Pendrive classes available now!