International Financial Reporting

Author: Alan Melville

Publisher: Pearson Higher Ed

ISBN: 1292200766

Category: Business & Economics

Page: 512

View: 721

With more than 120 countries in the world now using international financial reporting standards (IFRS® Standards), knowledge of the standards issued by the International Accounting Standards Board (IASB®) is vital to students’ success in financial accounting. Melville’s International Financial Reporting employs a practical, applied approach in exploring and explaining the key international standards. With a focus on how to implement the standards, this text delivers a focused, user-friendly introduction to international financial reporting. Renowned for clear and concise language, this sixth edition brings the book completely up-to-date with international standards issued as of 1 January 2017. Key features Unique practical approach Class-tested by professional and degree students Worked examples with solutions in every chapter Chapter-end exercises featuring questions from past exam papers of key professional accountancy bodies

International Financial Reporting Standards

A Practical Guide

Author: Hennie van Greuning,Darrel Scott,Simonet Terblanche

Publisher: World Bank Publications

ISBN: 0821385550

Category: Business & Economics

Page: 434

View: 4796

This title gives private or public sector executives, managers, and financial analysts without a strong background in accounting the tools they need to participate in discussions and decisions on the appropriateness or application of International Financial Reporting Standards.

Managing the Transition to IFRS-Based Financial Reporting

A Practical Guide to Planning and Implementing a Transition to IFRS or National GAAP

Author: Lisa Weaver

Publisher: John Wiley & Sons

ISBN: 1118644123

Category: Business & Economics

Page: 272

View: 9615

The one-stop guide to transitioning to IFRS financial reporting The International Financial Reporting Standards (IFRS) have already been adopted in Europe, and plans are in place to transition to IFRS reporting in the UK, India, Japan, and other major economies. The US is deliberating the nature of its convergence with IFRS and US entities will need to understand the implications of transition. This means all finance managers and financial controllers will be responsible, not only for understanding IFRS, but for making the transition and dealing with implications. Managing the Transition to IFRS-Based Financial Reporting is a one-stop resource for navigating this major change. Case studies and project management advice help move smoothly from GAAP to IFRS principles and requirements. Managing the Transition to IFRS-Based Financial Reporting is the only book on the market that focuses on both the accounting and non-accounting implications of IFRS transition. This complete approach will guide you from the history and conceptual basis of IFRS through each stage of the transition process, ensuring expert change management and fluid communication from start to finish. Takes a holistic approach, covering non-accounting implications like educating and communicating IFRS requirements Provides case studies to illustrate best practices for moving to the new international standards Provides a framework for planning and executing the entire IFRS transition project With nearly two decades of financial training experience, author Lisa Weaver is imminently qualified to deliver clear, concise, and understandable content. In addition, the reference material and other resources in Managing the Transition to IFRS-Based Financial Reporting will help you simplify the transition and take advantage of all the benefits IFRS reporting confers.

International Accounting Standards

A Practical Guide

Author: Hennie van Greuning,Marius Koen

Publisher: World Bank Publications

ISBN: 9780821349991

Category: Business & Economics

Page: 171

View: 7498

Now in its second edition, this publication gives readers a broad and basic understanding of the key issues for each International Accounting Standard. It summarizes each standard, providing a quick reference for managers and executives in the private and public sectors who may not have a strong background in accounting. Each chapter also contains a case study that illustrates the practical application of key concepts in a particular standard. This gives the non-technical reader the tools to participate in discussions on the appropriateness or application of a standard in a given situation. The reader can also evaluate the effect that applying a given standard will have on the financial results and position of a division or an entire enterprise.

Wiley IFRS

Practical Implementation Guide and Workbook

Author: Abbas A. Mirza,Graham Holt,Liesel Knorr

Publisher: John Wiley & Sons

ISBN: 9781118017647

Category: Business & Economics

Page: 600

View: 1301

— Explanations of IFRS and IFRIC interpretations — Practical insights into implementation issues — Worked-out illustrations and examples — Case studies with solutions — Multiple-choice questions with answers — Extracts from published financial statements A one-stop resource for understanding and applying current International Financial Reporting Standards As the International Accounting Standards Board (IASB) makes rapid progress towards widespread acceptance and use of IFRS (formerly named International Accounting Standards) worldwide, the need to understand these new standards increases. Now fully revised and updated, IFRS Practical Implementation Guide and Workbook, Third Edition is the straightforward handbook for understanding and adapting the IFRS standards. This quick reference guide includes easy-to-understand IAS/IFRSoutlines, explanations, and practical insights that greatly facilitate understanding of the practical implementation issues involved in applying these complex standards. Clearly explaining the IASB standards so that even first-time adopters of IFRS will understand the complicated requirements, the Third Edition presents: Ten recently issued and revised IFRS standards including business combinations, financial instruments and newly issued IFRS for SMEs New International Financial Reporting Interpretations Committee (IFRIC) projects Multiple-choice questions with solutions and explanations to ensure thorough understanding of the complex IFRS/IAS standards Case studies or "problems" with solutions illustrating the practical application of IFRS/IAS Excerpts from published financial statements around the world Designed with the needs of the user in mind, IFRS Practical Implementation Guide and Workbook, Third Edition is an essential desktop reference for accountants and finance professionals, as well as a thorough review guide for the IFRS/IAS certification exam.

Insights Into IFRS

Author: N.A

Publisher: N.A

ISBN: 9780414051881

Category: Accounting

Page: 1728

View: 4780

'Insights into IFRS' is a guide to preparing and understanding financial statements that have been prepared in accordance with IFRSs.

G.A.T.C.A.

A Practical Guide to Global Anti-Tax Evasion Frameworks

Author: Ross K. McGill,Christopher A. Haye,Stuart Lipo

Publisher: Springer

ISBN: 3319617834

Category: Business & Economics

Page: 291

View: 2772

This book is a practical guide to global anti-tax evasion frameworks. Coverage includes base erosion and profit shifting (BEPS), the Common Reporting Standard (CRS), and the Automatic Exchange of Information (AEoI). It covers the practical operational issues these frameworks present and offers insight into practical compliance options and operational methodologies to reduce costs and risks. The book concludes with insights into how institutions can translate these complex obligations into effective client communications.

Financial reporting fraud

a practical guide to detection and internal control

Author: Charles R. Lundelius

Publisher: American Institute of Certified Public Accountants (AICPA)

ISBN: N.A

Category: Business & Economics

Page: 302

View: 5385


International Financial Reporting Standards (IFRS) Workbook and Guide

Practical insights, Case studies, Multiple-choice questions, Illustrations

Author: Sir Abbas A. Mirza,Sir Graham Holt,Sir Magnus Orrell

Publisher: John Wiley & Sons

ISBN: 0470893605

Category: Business & Economics

Page: 408

View: 3915

International Financial Reporting Standards (IFRS) Workbook and Guide is a one stop resource for understanding and applying current International Financial Reporting Standards (IFRS) and offers: Easy-to-understand explanations of all IFRSs/IASs and IFRICs/SICs issued by the IASB/IASC up to March 2006 Illustrative examples Practical insights Worked case studies Multiple-choice questions with solutions Technically reviewed by Liesel Knorr, Secretary General of the German Accounting Standards Committee and former technical director of the International Accounting Standards Committee (IASC). Forewords by: Sir David Tweedie, Chairman of the International Accounting Standards Board (IASB) Philippe Richard, Secretary General of the International Organization of Securities Commissions (IOSCO)

Understanding IFRS Fundamentals

International Financial Reporting Standards

Author: Abbas A. Mirza,Nandakumar Ankarath

Publisher: John Wiley & Sons

ISBN: 9781118617687

Category: Business & Economics

Page: 432

View: 894

A one-stop resource for understanding and applying current International Financial Reporting Standards In this updated edition of Understanding IFRS Fundamentals, readers get access to easy-to-follow examples, case studies, schematics, and tables that make the subject approachable and accessible. Arranged topically, by IFRS Standards, the book serves as a quick source of information that makes it easy to find answers on issues of common interest to beginner financial statement preparers and users. It's clear that the International Financial Reporting Standards (IFRS) is here to stay, with more than 120 countries requiring or allowing the use of IFRS for the preparation of financial statements by publicly held companies—and with expectations that by 2015 several more nations will be converging with IFRS. Rather than including interpretations of technical issues from Standards (IFRS), this comprehensive guide offers simple explanations of the complex "principle-based" Standards, making it easy for beginners to grasp complicated concepts without detracting from the thoroughness that experts rely on. The book includes: Easy-to-understand guidance and simple explanations of IFRS standards Illustrative excerpts from published financial statements explaining the practical implications of applying IFRS One-stop fundamental guidance for accountants, finance professionals, and analysts in more than 120 countries that have adopted or adapted IFRS Copious examples, illustrated explanations, and case studies to enhance readers' understanding of IFRS A practical reference guide with simple answers to your issues of interest, Understanding IFRS Fundamentals, Second Edition, is an essential resource when you need lucid explanations of technically complex Standards.

Wiley Interpretation and Application of IFRS Standards

Author: PKF International Ltd

Publisher: John Wiley & Sons

ISBN: 1119461510

Category: Business & Economics

Page: 1016

View: 9174

The one-stop resource for IFRS interpretation and application, updated for 2018 Wiley IFRS 2018 offers a complete resource for the interpretation and application of the latest International Financial Reporting Standards (IFRS) as outlined by the International Accounting Standards Board (IASB). With up-to-date coverage and a host of practical tools, this book provides invaluable guidance on the expanding framework for unified financial reporting. Organised for easy navigation, each chapter includes general statement information followed by topic-specific discussion to facilitate both quick-reference and in-depth study. The expert team at PKF International provides authoritative insight from a practitioner's perspective: IFRIC interpretations and practical real-world guidance ensure full understanding of the newest standards, and the Disclosure Checklist helps verify compliance. The IASB's efforts are paying off as more and more countries around the globe either adopt IFRS as their national standards, or adjust local standards in alignment. A working understanding of IFRS application is becoming essential, even as the rules continue to evolve. This book provides full coverage of the latest standards and thorough guidance for implementation. Review the latest IFRS rules and standards Apply guidelines and best practices appropriately Gain expert insight on IFRS interpretation and implementation Ensure compliance and verify completeness Uniform financial reporting reduces the costs of financial statement preparation for multinational companies, and streamlines the assessment of business results. As the standards themselves evolve, so must practitioners' understanding of how to apply them correctly in real-world cases. Wiley IFRS 2018 offers a complete, up-to-date reference to help you apply and comply with the latest international standards.

Principles of Group Accounting under IFRS

Author: Andreas Krimpmann

Publisher: John Wiley & Sons

ISBN: 111875140X

Category: Business & Economics

Page: 856

View: 2008

A professional perspective to implementing IFRS 10, 11, and 12 The new International Financial Reporting Standards (IFRS) 10, 11, and 12 are changing group accounting for many businesses. As business becomes increasingly global, more and more firms will need to transition using the codes and techniques described in Principles of Group Accounting under IFRS. This book is a practical guide and reference to the standards related to consolidated financial statements, joint arrangements, and disclosure of interests. Fully illustrated with a step-by-step case study, Principles of Group Accounting under IFRS is equally valuable as an introductory text and as a reference for addressing specific issues that may arise in the process of consolidating group accounts. The new international standards will bring about significant changes in group reporting, and it is essential for accountants, auditors, and business leaders to understand their implications. Author Andreas Krimpmann is an internationally recognized authority on the transition from GAAP to IFRS, and this new text comes packaged with GAAP/IFRS comparison resources that will help make the changes clear. Other bonus resources include an Excel-based consolidation tool, checklists, and a companion website with the latest information. Learn about: Definitions, requirements, processes, and transition techniques for IFRS 10, 11, and 12 covering group level accounting Practical implementation strategies demonstrated through a clear case study of a midsize group Key concepts related to consolidated financial statements, joint ventures, management consolidation, and disclosure of interests Comparisons between GAAP and IFRS to clarify the required changes for international firms Whatever stage of the consolidation process you are in, you will appreciate the professional perspective in Principles of Group Accounting under IFRS.

How to Analyse Bank Financial Statements

A concise practical guide for analysts and investors

Author: Thomas Padberg

Publisher: Harriman House Limited

ISBN: 0857195182

Category: Business & Economics

Page: 244

View: 6872

The financial statements of banks differ very much from those of non-banks. The assets and liabilities are mostly financial based, and the equity ratio is far lower than the equity ratios of industrial companies. Banking supervision has a big influence on the financial statements too. Recent years have shown the risks which can evolve from banks, but normal instruments of financial statement analysis are not sufficient to analyse banks and locate these risks: different methods are needed. This book, by experienced bank analyst Thomas Padberg, provides analysts and investors with the tools to analyse bank financial statements, find problems in bank finances, and assess the risks of banks. Examples with real bank financial data are used to show readers the step-by-step methods to follow when looking at bank financial statements. The book covers: - The specific accounting rules that apply to banks - How to analyse bank segment reporting - The ratios to use when analysing bank financial statements - How to analyse bank profit and loss accounts - Equity analysis and stock analysis of banks This is an essential guide for all analysts and serious investors who need to analyse bank financial statements.

Wiley IFRS 2017

Interpretation and Application of IFRS Standards

Author: PKF International Ltd

Publisher: John Wiley & Sons

ISBN: 1119340195

Category: Business & Economics

Page: 1024

View: 8895

The one-stop resource for IFRS interpretation and application, updated for 2017 Wiley IFRS 2017 offers a complete resource for the interpretation and application of the latest International Financial Reporting Standards (IFRS) as outlined by the International Accounting Standards Board (IASB). With up-to-date coverage and a host of practical tools, this book provides invaluable guidance on the expanding framework for unified financial reporting. Organised for easy navigation, each chapter includes general statement information followed by topic-specific discussion to facilitate both quick-reference and in-depth study. The expert team at PKF International provides authoritative insight from a practitioner's perspective: IFRIC interpretations and practical real-world guidance ensure full understanding of the newest standards, and the Disclosure Checklist helps verify compliance. The IASB's efforts are paying off as more and more countries around the globe either adopt IFRS as their national standards, or adjust local standards in alignment. A working understanding of IFRS application is becoming essential, even as the rules continue to evolve. This book provides full coverage of the latest standards and thorough guidance for implementation. Review the latest IFRS rules and standards Apply guidelines and best practices appropriately Gain expert insight on IFRS interpretation and implementation Ensure compliance and verify completeness Uniform financial reporting reduces the costs of financial statement preparation for multinational companies, and streamlines the assessment of business results. As the standards themselves evolve, so must practitioners' understanding of how to apply them correctly in real-world cases. Wiley IFRS 2017 offers a complete, up-to-date reference to help you apply and comply with the latest international standards.

IFRS For Dummies

Author: Steven Collings

Publisher: John Wiley & Sons

ISBN: 1119966531

Category: Business & Economics

Page: 400

View: 8883

The easy way to get a grip on International Reporting Standards IFRS For Dummies is your complete introduction to IFRS and international accounting and balancing standards. Combining all the facts needed to understand this complex subject with useful examples, this easy-to-read guide will have you on top of IFRS in no time. In plain English, it helps you make sense of IFRS and your understanding of: what they are and where they apply; how to adopt IFRS for the first time; how IFRS affects the key components of your financial statements; how to disclose information in financial statements; and much more. Covers what to do if you're applying IFRS for the first time Explains complicated material in plain English Helps you make sense of this principles-based set of standards that establish broad rules for financial reporting If you're an accountant, student, or trainee in need of accessible information on IFRS, this hands-on, friendly guide has you covered.

Wiley Guide to Fair Value Under IFRS

Author: James P. Catty

Publisher: John Wiley & Sons

ISBN: 0470597364

Category: Study Aids

Page: 400

View: 7725

Your one indispensable guide to all the Fair Value requirements of IFRS Acomplete guide to the complex valuation requirements of IFRS, this book includes chapters on theoretical and practical applications, with extensive examples illustrating the required techniques for each application. Appropriate for anyone involved professionally with finance—managers, accountants, investors, bankers, instructors, and students—this guide draws on a stellar panel of expert contributors from fourteen countries who provide international coverage and insight into a diverse range of topics, including: Fair Value in implementing IFRS Market Approach Income Approach—Capitalization and Discounting Methods Economic and Industry Conditions Cost of Capital Financial Statement Analyses Impairment Testing Intellectual Property Rights (patents, copyrights, trademarks) Projecting Financial Statements Liabilities Customer Relationships Share-based Payment Plant and Equipment Guide to Fair Value Under IFRS is the first international valuation book of its kind. Fully compliant with the Certified Valuation Analyst curriculum, it provides detailed guidance as to how fair value is to be determined and fills numerous gaps in common understanding of IFRS requirements.

International GAAP 2016

Generally Accepted Accounting Principles under International Financial Reporting Standards

Author: Ernst & Young LLP

Publisher: John Wiley & Sons

ISBN: 1119180481

Category: Business & Economics

Page: 352

View: 4832

IFRSs, the standards set by the International Accounting Standards Board (IASB), are complex and sometimes obscure. Understanding their implications and applying them appropriately requires something special; and that is why International GAAP 2016 is the essential tool for anyone applying, auditing, interpreting, regulating, studying and teaching international financial reporting. It provides expert interpretation and practical guidance for busy professionals, and includes, in every chapter, detailed analysis of how complex financial reporting problems can be resolved appropriately and effectively. The International Financial Reporting Group of Ernst & Young includes financial reporting specialists from throughout the world. Complex technical accounting issues are explained clearly in a practical working context that enables immediate understanding of the point at issue. International GAAP 2016 is the only globally focused work on IFRSs. It is not constrained by any individual country's legislation or financial reporting regulations, and it ensures an international consistency of approach unavailable elsewhere. It shows how difficult practical issues should be approached in the complex, global world of international financial reporting, where IFRSs have become the accepted financial reporting system in more than 100 countries. This integrated approach provides a unique level of authoritative material for anyone involved in preparing, interpreting or auditing company accounts, for regulators, academic researchers and for all students of accountancy. All aspects of the detailed requirements of IFRS are dealt with on a topic-by-topic basis. Each chapter of International GAAP 2016 deals with a key area of IFRS and has a common structure for ease of use: • An introduction to the background issues • An explanation of relevant principles • A clear exposition of the requirements of IFRS • A discussion of the implications in practice and possible alternative solutions available • Worked examples • Extracts from real company accounts • A full listing of the required disclosures

International Financial Reporting and Analysis

Author: David Alexander,Anne Britton,Ann Jorissen

Publisher: Cengage Learning EMEA

ISBN: 9781844806683

Category: Business & Economics

Page: 898

View: 2558

This textbook is a development of 'Financial Reporting' by Alexander and Britton, and is designed to meet the emerging demand for coverage of international accounting standards (IASs) and the globalization of accounting in advanced courses.