Accountancy Forum

Hello everybody.
I am new learner of International Accounting Standards. I need your help.
Please suggest me how i should study IAS/IFRS. How you people prepare IAS.What approach i should follow? Should i memorise stantards or what? How i should practise? Please help with your experience.

IAS & IFRS are all about treatments & reporting, the best way to learn it is to practice it, learn the economic substance of the transaction & c why IAS/IFRS direct to treat a transation in a particular way