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PwC Manual of Accounting: Financial Instruments 2012

PwC Manual of Accounting: Financial Instruments 2012

  • Author:
  • Publisher: Bloomsbury Professional (formerly Tottel Publishing)
  • ISBN: 9781847669056
  • Published In: December 2011
  • Format: Paperback
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only
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  • Description 
  • Contents 

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Accounting for financial instruments is one of the most complex and taxing areas on accounting today that needs to be understood by all practicing accountants. The International Financial Reporting Standards that govern this area of accounting are often difficult to understand and interpret. PwC’s Manual of Accounting - Financial Instruments 2012 is a thoroughly comprehensive, clearly explained and informative guide to these standards.
 
It contains practical worked examples and extracts from company financial statements that help to illustrate the explanations.
 
Key changes in this new edition include:
       IFRS 9 – including aspects on liabilities issued in November 2010
       Consequential amendments of IFRS 9
       IASB amendment to IFRS 7, ‘Financial instruments: Presentation’, on derecognition
       Annual improvements 2010
       IFRIC agenda decisions
       New extracts from accounts and examples
 
This book draws on the combined expertise and experience of financial instrument specialists in PWC’s Global Accounting Consulting Services team. It will be of particular interest to preparers and users of IFRS financial statements and others who require a detailed knowledge of financial instruments accounting. Analysts, academics and students will also find it a valuable reference tool.

 

1 Overview;
2 Introduction;
3 Objective and scope of IAS 32, IAS 39 and IFRS 7;
4 Nature and characteristics of financial instruments;
5 Embedded derivatives in host contracts;
6 Classification of financial instruments;
7 Financial liabilities and equity;
8 Recognition and derecognition;
9 Measurement of financial assets and liabilities;
10 Hedge accounting;
11 Presentation and disclosure;
12 IFRS 9, ‘Financial instruments’.

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