The telecom sector remains a dynamic and rapidly changing sector, which will continue to present new accounting challenges - especially with regard to IFRS.

This publication focuses on accounting areas that raise specific issues for the telecoms sector rather than those areas that are of a more generic nature, such as financial instruments, pensions, or tax accounting.

The aim is not to be prescriptive in setting out which specific policies should be applied. Instead this publication discusses which approaches might be appropriate and gives some insights into what can be considered to constitute "industry best practice."