Home
Accounting
Financial Reporting / IFRS / GAAP
Wiley International Trends in Financial Reporting under IFRS

Accounting › Financial Reporting / IFRS / GAAP

Wiley International Trends in Financial Reporting under IFRS Including Comparisons with US GAAP, Chinese GAAP, and Indian GAAP

Name: Wiley International Trends in Financial Reporting under IFRS
Brand: John Wiley & Sons
SKU: 9780470178447
Price: 1150.00 HKD
Availability: OutOfStock
Author: Abbas A. Mirza
ISBN: 9780470178447

By Abbas A. Mirza

John Wiley & Sons October 2012

Specifications

ISBN-13: 9780470178447
Publisher: John Wiley & Sons
Publication: October 2012
Format: Paperback , 816 pages
Jurisdiction: International ? Countri(es) for reference only

Details

Wiley International Financial Reporting Trends provides copious examples of footnote disclosures and financial statement formats, carefully culled from the world's leading international companies ("Global 500") that are already compliant with IFRS and report under IFRS standards promulgated by the International Accounting Standards Board, the IASB. Arranged topically, this book is a quick source of reference to find answers to issues of interest to financial statement preparers. It provides hundreds of illustrations taken from financial statements prepared under IFRS by global conglomerates thereby helping preparers and users of financial statements to expeditiously obtain examples of footnote disclosures and financial statements presented under these Standards which are popularly referred to as "principles-based" standards (as opposed to "rules-based" standards). Additionally, Wiley International Financial Reporting Trends contains comparisons of IFRS to US GAAP, Indian GAAP, and Chinese GAAP, making it a truly global reference resource.

Preface ix

Acknowledgments xi

About the Authors xiii

About the Contributors xv

SECTION I: INTRODUCTION TO IFRS AND IASB FRAMEWORK 1

Chapter 1: Introduction to International Financial Reporting Standards 3

Chapter 2: IASB Framework for the Preparation and Presentation of Financial Statements 13

SECTION II: PRESENTATION OF FINANCIAL STATEMENTS 17

Chapter 3: Presentation of Financial Statements (IAS 1) 19

Chapter 4: Statement of Cash Flows (IAS 7) 55

Chapter 5: Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8) 65

Chapter 6: Events after the Reporting Date (IAS 10) 73

SECTION III: REVENUE 81

Chapter 7: Revenue (IAS 18) 83

Chapter 8: Construction Contracts (IAS 11) 95

Chapter 9: Accounting for Government Grants and Disclosure of Government Assistance (IAS 20) 99

Chapter 10: Agriculture (IAS 41) 105

SECTION IV: NONCURRENT ASSETS, PROVISIONS, CURRENT LIABILITIES AND ASSETS 109

Chapter 11: Property, Plant and Equipment (IAS 16) 111

Chapter 12: Borrowing Costs (IAS 23) 131

Chapter 13: Provisions, Contingent Liabilities and Contingent Assets (IAS 37) 143

Chapter 14: Intangible Assets (IAS 38) 159

Chapter 15: Investment Property (IAS 40) 179

SECTION V: INVESTMENTS IN ASSOCIATES, JOINT VENTURES, SUBSIDIARIES, IMPAIRMENT OF ASSETS AND BUSINESS COMBINATIONS 191

Chapter 16: Consolidated Financial Statements and Separate Financial Statements (IAS 27) 193

Chapter 17: Investments in Associates (IAS 28) 215

Chapter 18: Interests in Joint Ventures (IAS 31) 219

Chapter 19: Impairment of Assets (IAS 36) 249

Chapter 20: Business Combinations (IFRS 3) 263

Chapter 21: Non-Current Assets Held for Sale and Discontinued Operations (IFRS 5) 281

SECTION VI: FINANCIAL INSTRUMENTS 289

Chapter 22: Financial Instruments: Presentation (IAS 32) 291

Chapter 23: Financial Instrument: Recognition and Measurement (IAS 39) 293

Chapter 24: Financial Instrument Disclosures (IFRS 7) 297

SECTION VII: EMPLOYEE BENEFITS AND SHARE-BASED PAYMENTS 329

Chapter 25: Employee Benefits (IAS 19) 331

Chapter 26: Share-Based Payments (IFRS 2) 363

SECTION VIII: STANDARDS APPLICABLE TO PUBLIC LISTED COMPANIES 373

Chapter 27: Earnings per Share (IAS 33) 375

Chapter 28: Interim Financial Reporting (IAS 34) 383

Chapter 29: Operating Segments (IFRS 8) 397

SECTION IX: INDUSTRY-SPECIFIC STANDARDS AND STANDARDS APPLICABLE IN SPECIFIC SITUATIONS 427

Chapter 30: Accounting and Reporting by Retirement Benefit Plans (IAS 26) 429

Chapter 31: Financial Reporting in Hyperinflationary Economies (IAS 29) 433

Chapter 32: First-Time Adoption of International Financial Reporting Standards (IFRS 1) 437

Chapter 33: Insurance Contracts (IFRS 4) 445

Chapter 34: Exploration for and Evaluation of Mineral Resources (IFRS 6) 465

SECTION X: OTHER GENERAL STANDARDS 489

Chapter 35: Inventories (IAS 2) 491

Chapter 36: Income Taxes (IAS 12) 505

Chapter 37: Leases (IAS 17) 541

Chapter 38: The Effects of Changes in Foreign Exchange Rates (IAS 21) 553

Chapter 39: Related Party Disclosures (IAS 24) 563

APPENDICES: STANDARDS ISSUED BUT NOT EFFECTIVE IMMEDIATELY WITH EARLIER APPLICATION PERMISSIBLE 577

Appendix A: Financial Instruments (IFRS 9) 579

Appendix B: New IFRS Issued and Amendments to Existing Standards Effective in 2011 and Later Years 587

APPENDICES: COMPARISON OF IFRS TO OTHER ACCOUNTING STANDARDS 599

Appendix C: Comparison of IFRS with US GAAP 601

Appendix D: Comparison of IFRS with India Accounting Standards 633

Appendix E: Comparison of IFRS with China GAAP 707

Index 783

About the Author

ABBAS ALI MIRZA, CPA, ACA, AICWA, is a Partner in Deloitte & Touche, Dubai, UAE, and a member of the firm's regional Assurance and Advisory Committee. Mirza is Chairman of the Auditors Group of the Dubai Chamber of Commerce and Industry and was the chairman of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) at the United Nations.

NANDAKUMAR ANKARATH is a Fellow Member of the Institute of Chartered Accountants of India and a Senior Partner with Moore Stephens, Chartered Accountants, United Arab Emirates. Nandakumar has over twenty-five years of post-qualification experience in auditing, accounting, financial, and management consultancy in various business environments in India, Bahrain, and the United Arab Emirates. He has served as a member of the Committee on Accounting Standards for Local Bodies formed by the governing body of the Institute of Chartered Accountants of India to formulate accounting standards for local, autonomous, and nonprofit organizations in India. He is also the coauthor of Understanding IFRS Fundamentals: International Financial Reporting Standards, published by Wiley.

Out of stock

This title is currently unavailable for purchase.