You have no items in your shopping cart.

Principles of Group Accounting under IFRS

Principles of Group Accounting under IFRS

  • Author:
  • Publisher: John Wiley & Sons
  • ISBN: 9781118751411
  • Published In: June 2015
  • Format: Paperback , 856 pages
  • Jurisdiction: International or US ? Disclaimer:
    Countri(es) stated herein are used as reference only

List Price: HKD 950.00

HKD 845.50 Save HKD 104.50 (11%)

Delivery Time: around 1-2 weeks
Extra 2-10 working days working days if shipping address outside Hong Kong
Free delivery HK & China?
Hong Kong: free delivery (order over HKD 500)
China: free delivery (order over RMB 500)
OR
  • Description 
  • Contents 
  • Details

    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.

  • List of figures xiv

    List of tables xvii

    Preface xix

    Introduction to the book xx

    A The case study 1

    1. About the group 1

    2. Allocation of examples 1

    B Legal requirements for consolidated financial statements 4

    1. IFRS standards 5

    2. Exemptions 18

    3. Local accounting standards 19

    4. Taxation 20

    5. Definitions 21

    C Definition of groups 22

    1. The control concept 23

    2. Joint control 28

    3. Loss of control 31

    4. Group compositions 33

    5. Special cases 34

    D Preparation of consolidated financial statements and annual reports 37

    1. Lifecycle of subsidiaries 38

    2. Structures 39

    3. The preparation process 48

    4. Organization 54

    E Initial consolidation 55

    1. Basics 56

    2. Mergers and acquisitions 62

    3. Purchase price allocation 66

    4. Other aspects of purchase price allocations 94

    5. Consolidation techniques 96

    6. Special cases 107

    F Subsequent consolidation 121

    1. Basics 122

    2. Subsidiary preparation 125

    3. Equity consolidation 131

    4. Debt consolidation 136

    5. Consolidation of income and expenses 144

    6. Unrealized profits 156

    7. Non-controlling interests 170

    8. Group-level transactions 173

    9. Special cases 186

    G Associated companies 213

    1. Basics 214

    2. Consolidation techniques 216

    3. Treatment of losses 236

    4. Impairments 237

    5. Special cases 238

    H Joint arrangements 242

    1. Basics 243

    2. Accounting and consolidation 246

    3. Disposals / Deconsolidation 249

    I Changes in control 253

    1. Basics 254

    2. The parent’s view 254

    3. Increase in investments 255

    4. Decrease in investments 266

    5. Acquisitions and disposals without changes in control 275

    6. Special cases 285

    J Disposals and deconsolidation 288

    1. Basics 289

    2. Control 290

    3. Deconsolidation techniques 291

    4. Discontinued Operations 306

    K Special areas 320

    1. Currency translation of foreign operations 321

    2. Deferred taxes in groups 334

    3. Cash flow statements 344

    4. Partnerships 350

    5. Restructuring of groups 352

    L Management consolidation 361

    1. Basics 362

    2. Business units 363

    3. Projects and cost units 368

    4. Dependency between management consolidations and consolidated financial statements 370

    M Consolidated financial statements 371

    1. Basics 372

    2. Statements 372

    3. Notes & group disclosures 373

    4. Management report 377

    Appendix I: Fair value measurement ccclxxix

    1. History ccclxxix

    2. Definition ccclxxx

    3. Measurement ccclxxxi

    4. Measurement techniques for selected assets and liabilities ccclxxxiii

    Appendix II: IFRS - US-GAAP comparison ccclxxxv

    Appendix III: IFRS ccclxxxviii

    1. List of IFRS ccclxxxviii

    2. IFRIC and SIC interpretations ccclxxxix

    Reference list cccxci

    Glossary cccxcii

    Index cccxcvi

You may also be interested in these books:

International Accounting/Financial Reporting Standards Guide (2018)
International Accounting/Financial Reporting Standards Guide (2018)

List Price: HKD 3,330.00

HKD 3,130.20 Save HKD 199.80 (6%)

Essential Guide to China Tax and Customs Law & Practice (Two-volume set)
Essential Guide to China Tax and Customs Law & Practice (Two-volume set)

List Price: HKD 1,080.00

HKD 1,015.20 Save HKD 64.80 (6%)

Hong Kong Taxation and Tax Planning, 16th Edition
Hong Kong Taxation and Tax Planning, 16th Edition
HKD 335.00
KPMG's Insights into IFRS 2017/2018
KPMG's Insights into IFRS 2017/2018

List Price: HKD 1,920.00

HKD 1,804.80 Save HKD 115.20 (6%)

Taxation in Hong Kong: A Practical Guide 2017-2018
Taxation in Hong Kong: A Practical Guide 2017-2018

List Price: HKD 445.00

HKD 418.30 Save HKD 26.70 (6%)

Taiwan Master Tax Guide 2017/2018 (2nd Edition)
Taiwan Master Tax Guide 2017/2018 (2nd Edition)

List Price: HKD 1,250.00

HKD 1,175.00 Save HKD 75.00 (6%)

Global Master Tax and Business Guide (2018)
Global Master Tax and Business Guide (2018)

List Price: HKD 3,700.00

HKD 3,478.00 Save HKD 222.00 (6%)

Hong Kong Master Tax Guide 2017-2018 (26th Edition)
Hong Kong Master Tax Guide 2017-2018 (26th Edition)

List Price: HKD 900.00

HKD 846.00 Save HKD 54.00 (6%)

Individual Income Tax Planning for Expatriates in China, 6th Edition
Individual Income Tax Planning for Expatriates in China, 6th Edition

List Price: HKD 1,280.00

HKD 1,203.20 Save HKD 76.80 (6%)

Deloitte iGAAP 2018: International IFRS Pack
Deloitte iGAAP 2018: International IFRS Pack

List Price: HKD 2,200.00

HKD 2,068.00 Save HKD 132.00 (6%)

PwC Manual of Accounting IFRS 2018 Set
PwC Manual of Accounting IFRS 2018 Set

List Price: HKD 1,860.00

HKD 1,748.40 Save HKD 111.60 (6%)

Ernst & Young's International GAAP 2018
Ernst & Young's International GAAP 2018
HKD 2,250.00
CPA's Guide to Effective Engagement Letters (12th Edition)
CPA's Guide to Effective Engagement Letters (12th Edition)

List Price: HKD 1,860.00

HKD 1,674.00 Save HKD 186.00 (10%)

Hong Kong Company Secretary Checklist
Hong Kong Company Secretary Checklist

List Price: HKD 788.00

HKD 740.72 Save HKD 47.28 (6%)

Compliance and Company Secretarial Practice of Hong Kong Listed Companies
Compliance and Company Secretarial Practice of Hong Kong Listed Companies

List Price: HKD 1,270.00

HKD 1,193.80 Save HKD 76.20 (6%)

Hong Kong Company Secretary's Practice Manual, 3rd Edition
Hong Kong Company Secretary's Practice Manual, 3rd Edition

List Price: HKD 999.00

HKD 939.06 Save HKD 59.94 (6%)

Concise Guide: Compliance and Company Secretarial Practice of Hong Kong Private Companies
Concise Guide: Compliance and Company Secretarial Practice of Hong Kong Private Companies

List Price: HKD 2,388.00

HKD 2,244.72 Save HKD 143.28 (6%)

Hong Kong Master GAAP Guide, 14th Edition
Hong Kong Master GAAP Guide, 14th Edition

List Price: HKD 980.00

HKD 921.20 Save HKD 58.80 (6%)

International Taxation: Law and Practice in Hong Kong and China
International Taxation: Law and Practice in Hong Kong and China

List Price: HKD 980.00

HKD 921.20 Save HKD 58.80 (6%)

CPA's Guide to Management Letter Comments (2018)
CPA's Guide to Management Letter Comments (2018)

List Price: HKD 3,330.00

HKD 2,997.00 Save HKD 333.00 (10%)