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Informationen zum Autor Since 1961, Dr Dimitris N. Chorafas has advised financial institutions and industrial corporations in strategic planning, risk management, computers and communications systems, and internal controls. A graduate of the University of California, Los Angeles, the University of Paris, and the Technical University of Athens, Dr Chorafas has been a Fulbright scholar. Financial institutions which have sought his assistance include the Union Bank of Switzerland, Bank Vontobel, CEDEL, the Bank of Scotland, Credit Agricole, Österreichische Länderbank (Bank Austria), First Austrian Bank, Commerzbank, Dresdner Bank, Mid-Med Bank, Demir Bank, Banca Nazionale dell'Agricoltura, Istituto Bancario Italiano, Credito Commerciale and Banca Provinciale Lombarda. Among multinational corporations Dr Chorafas has worked as consultant to top management, are: General Electric-Bull, Univac, Honeywell, Digital Equipment Corp, Olivetti, Nestlé, Omega, Italcementi, Italmobiliare, AEG-Telefunken, Olympia, Osram, Antar, Pechiney, the American Management Association and host of other client firms in Europe and the United States. Dr Chorafas has served on the faculty of the Catholic University of America and as visiting professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology. Also, the University of Alberta, Ecole d'Etudes Industrielles de l'Université de Genève, and Technical University of Karlsruhe. More than 6,000 banking, industrial and government executives have participated in his seminars in the United States, England, Germany, other European countries, Asia and Latin America. Klappentext This professional level book explains the new International Financial Reporting Standards (IFRS) especially in connection with their implementation and use in corporate governance, and is based, in part, on the author's own experience and in addition on extensive research carried out by the author. Zusammenfassung Suitable for managers and professionals in business and industry! this book helps the reader in: understanding what is and is not IFRS; learning the complexities of IFRS implementation; and! appreciating the contribution of IFRS to corporate governance. It includes practical case studies from real-life companies going through the process. Inhaltsverzeichnis PART ONE BUSINESS COMPETITION, STANDARDS BOARDS, AND CORPORATE ACCOUNTING: NEW RULES OF COMPETITION AND ACCOUNTING STANDARDS; INTERNATIONAL ACCOUNTING STANDARDS BOARD (IASB) AND CORPORATE GOVERNANCE; DYNAMICS OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS); THE CONTROVERSY OVER IAS 39; IAS 39 AND THE RECOGNITION OF DERIVATIVES RISK. PART TWO IMPLEMENTING IFRS: PROJECT MANAGEMENT FOR IMPLEMENTATION OF IFRS; AN IFRS TASK FORCE CASE STUDY. TOP MANAGEMENT'S RESPONSIBILITY FOR FAIR VALUE ACCOUNTING. PART THREE MANAGEMENT ACCOUNTING AND THE BUDGET: MANAGEMENT ACCOUNTING AND CORPORATE GOVERNANCE; BUDGETING. A CASE STUDY ON FINANCIAL PLANNING; VALUING ASSETS. THE CHALLENGE OF BEING "RIGHT"; BUSINESS ETHICS ADD VALUE TO FINANCIAL DISCLOSURES; FORWARD LOOKING STATEMENTS, MODELS, EARNINGS, AND GOODWILL. PART FOUR CORPORATE GOVERNANCE AND THE BALANCE SHEET: BALANCE SHEETS AND INCOME STATEMENTS AS MANAGEMENT TOOLS; ECONOMIC CAPITAL IS AT BOTH SIDES OF THE BALANCE SHEET; THE REAL-TIME MANAGEMENT REPORT; INTERNAL CONTROL, STRESS TESTING, AND EFFECTIVE RISK MANAGEMENT; ROLE OF THE AUDIT COMMITTEE....
