Ifrs Made Easy

Informationen zum Autor STEVEN M. BRAGG, CPA, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte. He is the author of over forty books primarily targeted toward controllers and their needs. Bragg received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine. Klappentext THE DEFINITIVE GUIDE TO ALL THINGS IFRS® International Financial Reporting Standards (IFRS) have been adopted by over 120 nations, with U.S. adoption of IFRS® slated for 2016. While convergence to IFRS® appears to be inevitable, most companies have not even begun the process. Practical, with plain-language explanations, IFRS® Made Easy provides an easy-to-follow, nontechnical reference for accountants, controllers, and CFOs. Clarifying IFRS® in simple terms, author and renowned accounting leader Steven Bragg provides guidance for the most common accounting issues arising from international financial reporting standards on topics including: Revenue recognition rules Defined benefit and defined contribution pension plans Payments based on an entity's share price Deferred tax assets and liabilities Cash flow hedges and fair value hedges Investments in associates and joint ventures Inventory revaluations Fair value adjustments for property, plant, and equipment Asset impairment How will IFRS® impact your company? How will you need to account for various specific items? How can you report on special situations? If you want nutsandbolts answers to questions like these without overcomplicated explanations, IFRS® Made Easy is for you, providing the solid framework you need to fully prepare for IFRS® conversion. Zusammenfassung The definitive guide to all things IFRSIFRS Made Easy provides complete, easy-to-navigate coverage of all International Financial Reporting Standards (IFRSs) with concise explanations and hundreds of supporting examples. This reference tool goes anywhere you go-to a client's office, on a business trip, or to an important lunch meeting, with on-the-spot answers to any questions that arise.* Practical, plain -language explanation of the international financial accounting and reporting standards* Summarizes International Financial Reporting Standards* Liberally sprinkled with definitions and examples* Notes applicable IFRS source documentsWritten for every company struggling with the impact of convergence, IFRS Made Easy clearly explains how IFRS will impact your company, how you will need to account for various specific items, and more. This book is filled with practical techniques and rules of thumb for understanding the day-to-day IFRS issues every accountant, controller or CFO is sure to face-and puts all the answers you need at your fingertips. Inhaltsverzeichnis Preface vii About the Author ix PART I - REVENUE AND EXPENSES Chapter 1 Revenue Recognition 3 Chapter 2 Employee Benefits 17 Chapter 3 Share-Based Payments 33 Chapter 4 Income Taxes 43 PART II - ASSETS AND LIABILITIES Chapter 5 Financial Instruments 61 Chapter 6 Interests in Joint Ventures 81 Chapter 7 Investments in Associates 87 Chapter 8 Inventory 93 Chapter 9 Property, Plant, and Equipment 103 Chapter 10 Intangible Assets 117 Chapter 11 Asset Impairment 129 Chapter 12 Provisions and Contingencies 143 PART III - THE FINANCIAL STATEMENTS Chapter 13 Financial Statements Presentation 153 Chapter 14 Consolidated and Separate Financial Statements 169 Chapter 15 Related Party Disclosures 175 Chapter 16 Events after the Reporting Period 179 Chapter 17 Financial Reporting in Hyperinflationary Economies 183 PART IV - PUBLIC COMPANY RE...

List of contents

Preface.
 
About the Author.
 
PART I - REVENUE AND EXPENSES.
 
Chapter 1 Revenue Recognition.
 
Chapter 2 Employee Benefits.
 
Chapter 3 Share-Based Payments.
 
Chapter 4 Income Taxes.
 
PART II - ASSETS AND LIABILITIES.
 
Chapter 5 Financial Instruments.
 
Chapter 6 Interests in Joint Ventures.
 
Chapter 7 Investments in Associates.
 
Chapter 8 Inventory.
 
Chapter 9 Property, Plant, and Equipment.
 
Chapter 10 Intangible Assets.
 
Chapter 11 Asset Impairment.
 
Chapter 12 Provisions and Contingencies.
 
PART III - THE FINANCIAL STATEMENTS.
 
Chapter 13 Financial Statements Presentation.
 
Chapter 14 Consolidated and Separate Financial Statements.
 
Chapter 15 Related Party Disclosures.
 
Chapter 16 Events after the Reporting Period.
 
Chapter 17 Financial Reporting in Hyperinflationary Economies.
 
PART IV - PUBLIC COMPANY REPORTING.
 
Chapter 18 Operating Segments.
 
Chapter 19 Earnings per Share.
 
Chapter 20 Interim Financial Reporting.
 
PART V - BROAD TRANSACTIONS.
 
Chapter 21 Business Combinations.
 
Chapter 22 Changes in Accounting Policies, Estimates, and Errors.
 
Chapter 23 Discontinued Operations and Non-Current Assets Held for Sale.
 
Chapter 24 Effects of Foreign Exchange Rate Changes.
 
Chapter 25 Leases.
 
Index.

Product details

• Authors: , Babson College, Bragg, Sm Bragg, Steven M Bragg, Steven M. Bragg, Steven M. (Bentley College Bragg, Bragg Steven M.
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 25.01.2011
• EAN: 9780470890707
• ISBN: 978-0-470-89070-7
• No. of pages: 290
• Subjects: Social sciences, law, business > Business > Business administration; Rechnungswesen, Accounting, Internationales Rechnungswesen, International Accounting