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Informationen zum Autor Mohan R. Lavi is the Finance Director of Ellucian Higher Education Systems India Pvt Ltd, Bangalore, and owns a consulting firm, Arthazastra Management Services India Pvt Ltd. He is a chartered accountant with over twenty years of experience across a wide variety of industries. Klappentext The industry-specific guide to IFRS interpretation and applicationOne of the biggest challenges of any reporting standard is how best to interpret and implement it in the context of a specific company or industry, given that each industry has its own intricacies and nuances. The Impact of IFRS on Industry provides specific guidance on applying IFRS in a diverse range of sectors.Opening with an overview of IFRS, including a summary of all the standards, the book goes on to provide detailed coverage of the standards that can impact all industries, including IAS-40, IFRS 1, and IFRS 5. Thereafter, it offers practical advice and guidance on the application of IFRS in specific industries, including automotive; oil and gas; bio-sciences; infrastructure; airlines; media and communications; government-owned entities; mining; software; banking and financial services; insurance; FMCG; shipping; pharmaceuticals; telecoms; real estate and construction; power; SMEs; retail; e-commerce; and the service sector. The book concludes with a discussion on the collateral impact of implementing IFRS and how forthcoming IFRS Standards could impact specific industries.Worked examples are used throughout to demonstrate how the standards are applied in practice.* Understand the IFRS standards comprehensively* Learn which standards impact all industries* Examine the ways in which IFRS is applied in practice* See how different standards are applied in specific industriesSuitable as a quick reference or a comprehensive guide, The Impact of IFRS on Industry gives you the real-world IFRS answers you need. Zusammenfassung The industry-specific guide to IFRS interpretation and application One of the biggest challenges of any reporting standard is how best to interpret and implement it in the context of a specific company or industry, given that each industry has its own intricacies and nuances. Inhaltsverzeichnis Preface vii Acknowledgements ix 1 Introduction: The Background and Evolution of IFRS, and a Discussion on Why IFRS Would Have an Impact on Industry 1 2 Summary of Disclosures Under IFRS Standards 7 3 IFRS Standards that Could Impact All Industries 43 4 The Impact of IFRS Standards on Specific Industries 75 5 Forthcoming IFRS Standards That Could Impact Industry 231 6 Collateral Impact of a Transition to IFRS 237 Afterword 245 Appendix: Impact Summary 247 Index 251 ...
