ThegoaloftheInternationalAccountingStandardsBoard（IASB）istohaveonesetofhigh-qualityaccountingstandardswhichareuniformlyusedbybusinessfirmsallovertheworld.Thedreamseemsnotsofarfrombeingfulfilledbecauseabout120countrieshavealreadyadoptedorconvergedtointernationalfinancialreportingstandards（IFRS）throughouttheworld.ThankstotherapidadoptionoforconvergencetowardtheIFRSs，moreandmoreaccountingcoursesareofferedacrossthecountriestoteachoraccommodatetheIFRSs.ItistimelytohaveanintroductoryaccountingbookinEnglishreflectingthemostupdatedconceptualbaseandprincipalguidanceoftheIFRSswithkeyterminologiesinChinese.