Wiley Ifrs 2015: Interpretation and Application of International - Financial Reporting Standard

Klappentext Your indispensable Guide to IFRS(r) complianceInternational Financial Reporting Standards (IFRS(r)) have received increased attention since such signal events as endorsements by the International Organization of Securities Commissions (IOSCO) in 2000! by the European Union in 2002 (mandating universal adoption by publicly held companies in 2005)! and by the SEC (waiving reconciliation requirements for foreign private issuers using IFRS(r) starting in 2007).With further refinements to IFRS(r) by the International Accounting Standards Board (IASB) resulting in changes on a yearly basis! and given the now virtually unstoppable momentum worldwide to adopt (or! in some cases! adapt) IFRS(r)! mastery of this knowledge is a necessity for all preparers of financial statements.Wiley IFRS(r) 2015 provides a complete and up-to-date explanation of all IFRS(r) requirements! coupled with examples of how to apply the rules in complex! real-world situations. It can be used to train accounting staff! and to serve as a reference guide during the implementation of IFRS(r) and preparation of IFRS(r)-based financial statements. Wiley IFRS(r) 2015 is equally valuable for preparers! auditors! and users of financial reports.Key concepts are illustrated throughout! using worked examples and selections from actual published financial statements. Also included are a comprehensive disclosure checklist and integrated discussions of major ongoing IASB projects that may have significant impact on readers' responsibilities over the coming year.PKF is a global network of legally independent firms bound together by a shared commitment to quality! integrity and the creation of clarity in a complex regulatory environment.With offices in 440 cities! we operate in 150 countries across 5 continents and specialise in providing high quality audit! accounting! tax! and business advisory services to international and domestic organisations in all our markets.PKF International member firms have an aggregate fee income of $2.52 billion! and the network is a member of the Forum of Firms-an organisation dedicated to consistent and high quality standards of financial reporting and auditing practices worldwide. Zusammenfassung The globally-sourced guide to the latest IFRS! with practical application adviceWiley IFRS 2015 is a complete guide to the latest International Financial Reporting Standards set forth by the International Accounting Standards Board. Written by an international team of experts in global accounting standards! this guide provides detailed information on the latest changes to the IFRS! with comprehensive coverage of IFRIC interpretations and the tools needed to maintain IFRS-compliance. Readers will find clear! concise explanations delineated by topic for easy navigation! designed for both quick reference in-depth study! with practical advice for implementing IFRS in real-life scenarios.The goal of the IASB is to achieve global convergence of accounting standards! reducing preparation costs and facilitating the assessment of business outcomes. The IFRS are a key part of the strategy! simplifying reporting for multinational corporations and the analysts and investors tasked with evaluating results. Wiley IFRS 2015 details the most recent changes to the standards! with expert guidance toward implementation. Readers will:* Grasp the underlying framework of the International Financial Reporting Standards* Understand how to interpret the standards and apply them in the real world* Follow the Disclosure Checklist to verify completeness and IFRS compliance* Learn from the experts when implementing IFRS for the first timeMore and more countries are either adopting IFRS or adapting local standards to align with those set by the IASB. The standards change annually! and failure to stay up to date can affect business strategy and outcomes! especially when working internationally. Wiley IFRS 2015 provide...

Sommario

About the Authors vii
 
1 Introduction to International Financial Reporting Standards 1
 
2 Conceptual Framework 29
 
3 Presentation of Financial Statements 39
 
4 Statement of Financial Position 59
 
5 Statements of Profit or Loss and Other Comprehensive Income,
 
and Changes in Equity 75
 
6 Statement of Cash Flows 95
 
7 Accounting Policies, Changes in Accounting Estimates, and Errors 113
 
8 Inventories 135
 
9 Property, Plant, and Equipment 151
 
10 Borrowing Costs 187
 
11 Intangible Assets 195
 
12 Investment Property 225
 
13 Impairment and Noncurrent Assets Held for Sale 239
 
14 Consolidations, Joint Arrangements, Associates,
 
and Separate Financial Statements 261
 
15 Business Combinations 317
 
16 Shareholders' Equity 371
 
17 Share-Based Payment 397
 
18 Current Liabilities, Provisions, Contingencies,
 
and Events After the Reporting Period 435
 
19 Employee Benefits 467
 
20 Revenue Recognition, Including Construction Contracts 489
 
21 Government Grants 527
 
22 Leases 539
 
23 Foreign Currency 593
 
24 Financial Instruments 625
 
25 Fair Value 749
 
26 Income Taxes 775
 
27 Earnings Per Share 815
 
28 Operating Segments 833
 
29 Related-Party Disclosures 851
 
30 Accounting and Reporting by Retirement Benefit Plans 865
 
31 Agriculture 873
 
32 Extractive Industries 887
 
33 Accounting for Insurance Contracts 897
 
34 Interim Financial Reporting 909
 
35 Inflation and Hyperinflation 931
 
36First-Time Adoption of International Financial Reporting Standards 953
 
Index 985

Dettagli sul prodotto

• Autori: Asif Caudhry, PKF International Ltd
• Editore: Wiley, John and Sons Ltd
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 13.02.2015
• EAN: 9781118889558
• ISBN: 978-1-118-88955-8
• Pagine: 1032
• Serie: Wiley Regulatory Reporting; Wiley Regulatory Reporting
• Categorie: Scienze sociali, diritto, economia > Economia > Economia internazionale; Rechnungswesen, IFRS, Accounting, Internationales Rechnungswesen, International Accounting