Book Description
Your one indispensable guide to IFRS compliance
International Financial Reporting Standards (IFRS), originally known as International Accounting Standards (IAS), have existed since the mid-1970s but have only received significant attention from standard-setters, preparers, and users of financial statements in recent years. The IASB's restructuring in 2001 introduced due process procedures which conveyed added credibility upon the standards it promulgated, while other events, such as the epidemic of financial reporting frauds in the late 1990s and early 2000s helped foster the perception that the diversity of national financial reporting standards needed to be addressed and resolved, to ease the burden of investors and facilitate the international flow of capital. Seminal events included the qualified acceptance of IFRS by the International Organization of Securities Commissions (IOSCO), and the mandate for all European Union-chartered publicly-held companies to report consolidated financial statements under IFRS beginning in 2005. As other major nations either formally adopt IFRS (e.g., China) or heavily incorporate them into nominally national GAAP (e.g., Australia), and as several major private sector standard setters (in the US and UK, most notably) have committed to "converge" to IFRS, the importance of IFRS to the future of financial reporting is assured.
Wiley IFRS 2007 is the comprehensive source for guidance in applying IFRS to complex, real-world fact situations, and is equally valuable for preparers, auditors, and users of financial reports. To facilitate the reader's understanding, both examples created to explain particular IFRS requirements, and selections from actual published financial statements, are copiously provided throughout the book, illustrating all key concepts. Also included in this edition are a revised, comprehensive disclosure checklist; an updated, detailed comparison between US GAAP and IFRS, keyed to chapter topics; and discussions of major ongoing IASB projects which may have significant impact on readers' responsibilities over the coming year, including IASB's controversial attempt to define IFRS for smaller companies.
The revised 2007 edition addresses important and complex requirements such as those pertaining to the accounting for:
* Financial instruments
* Loss contingencies
* Business combinations
* Employee benefits
* Foreign currency-based transactions
The 2007 edition continues detailed coverage of all previously issued IAS and IFRS standards and SIC and IFRIC interpretations, including the complex but important financial instruments guidance of IAS 32, IAS 39, and IFRS 7. New examples have been added to every chapter. Other complex areas of financial reporting receiving expansive coverage include:
* Leases
* Revenue recognition
* Employee benefits
* Consolidated financial reporting
* Impairment of assets
* Agriculture
* Insurance
* Extraction of minerals
Customer Reviews:
I still didnt receive it.......2007-05-14
I still did not receive it.... hopefully it will happen soon
Fast, hassle free.......2007-05-12
The book has arrived on time, in good condition and hassle-free. IFRS 2007 is a nice tool for International Financial Reporting Standards. I recommend this book to anyone who is interested.
Thanks.
Book Description
As the International Accounting Standards Committee makes progress towards widespread acceptance and use of its standards in practices, the need to understand the new standards increases. Wiley IFRS 2007 Complete Set (book + CD ROM) provides the tools for understanding those standards and offers expertise on how to use and implement them.
Book Description
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)
Customer Reviews:
Brilliant Book!!!.......2006-03-24
This is the first book that really explains IFRS very well. The examples are understandable, it's comprehensive and helps on nearly every issue that might arise when dealing with IFRS.
Product Description
Understanding reporting standards issued by the IASB is essential for those who prepare and/or interpret financial statements and are required to comply with the increasingly complex set of international accounting and financial reporting standards. The International Accounting/Financial Reporting Standards Guide is your survival handbook in today's global economy. It keeps you up-to-date on the latest general and industry-specific international reporting standards and the proposed changes on your immediate horizon that will most likely alter the way in which you must account for and disclose information. The International Accounting/Financial Reporting Standards Guide organizes accounting pronouncements into two parts: general standards and industry-specific standards. The Practice Pointers featured throughout this edition point out, in plain English, how to apply the standards just discussed. Material in the International Accounting/Financial Reporting Standards Guide can be easily located several ways: the Cross-Reference shows the chapter in which a particular pronouncement is discussed; the Table of Contents directs you to a specific topic area; and the Index provides a quick page reference.
Book Description
As International Financial Reporting Standards Committee gain widespread acceptance, the need to understand the new uniform standards increases. Wiley IFRS 2006 provides the tools for understanding those standards and offers expertise on how to use and implement them. This is truly a one-stop resource and reference for understanding and utilizing current International Financial Reporting Standards.
Customer Reviews:
Excellent Reference Tool.......2007-01-04
I buy this book for my office every year. It is an excellent source of information and we refer to it often.
Product Description
International Financial Reporting Standards (IFRS) in a business situation can have a significant effect on the financial results and position of a division or an entire business enterprise. International Financial Reporting Standards: A Practical Guide 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 IFRS. Each chapter summarizes an International Financial Reporting Standard, following a consistent structure: Problems addressed by the IFRS Scope of the Standard Key concepts and definitions Accounting treatment Presentation and disclosure Financial analysis and interpretation "Overall, this book gets very high marks for its comprehensive yet understandable and easy to read coverage of the field of international accounting and financial reporting. It should prove very useful to anyone seeking an understanding of International Financial Reporting Standards, their requirements, and their application." -Global Business and Economics Review, April 2005
Customer Reviews:
Not up to my expectation.......2007-01-05
I expected this book to include more technical information but i discovered that it is an introduction of IFRS for beginners and can be used for as a guide for people with no accounting background
Book Description
With the completion of the stable platform of International Financial Reporting Standards (IFRSs) in 2004, the International Accounting Standards Board (IASB) established itself as a world leader in the preparation of financial reporting standards. As many countries agreed to adopt these standards, many influential national standard-setters such as the United Kingdom, Australia and New Zealand acknowledged that the time had come for an international approach to standard setting. This process is ongoing.
Applying International Financial Reporting Standards Enhanced Edition is written to meet the needs of accounting students and practitioners in understanding the complexities of IFRSs and applying the stable platform of standards. It concentrates on those financial reporting standards that are not related to specific industries and that therefore have wide application. This edition includes the numerous revisions and releases of exposure drafts since the introduction of IFRSs in January 2005.
Features:
- New chapters on Revenue Recognition and Share-Based Payments
- Revised to reflect the Exposure Draft of Proposed Amendments to IAS 27 Consolidated and Separate Financial Statements
- Practical applications for all accounting standards are included
- The IFRSs and their scope, objectives and reporting requirements are analysed step by step
- Illustrative examples show the new financial reporting procedures and develop understanding of the new processes
- New extracts from
real world companies included to enable students to apply the intention of the Standard as well illustrate how the Standard translates to the reporting environment (some new, some updated: Nokia, Wella, Energy Sector)
Average customer rating:
|
Miller International Accounting/Financial Reporting Standards Guide, 2006 (Miller International Accounting Standards Guide)
David Alexander , and
Simon Archer
Manufacturer: CCH
ProductGroup: Book
Binding: Paperback
 General
| Business & Investing
| Subjects
| Books
Financial
| Accounting
| Industries & Professions
| Business & Investing
| Subjects
| Books
General
| Accounting
| Industries & Professions
| Business & Investing
| Subjects
| Books
International
| Accounting
| Industries & Professions
| Business & Investing
| Subjects
| Books
General
| Accounting
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
Look Inside Business Books
| Trip
| Specialty Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
ASIN: 0808089870 |
Product Description
Understanding reporting standards issued by the IASB is essential for those who prepare and/or interpret financial statements and are required to comply with the increasingly complex set of international accounting and financial reporting standards. Miller International Accounting/Financial Reporting Standards Guide is your survival handbook in today's global economy. It keeps you up-to-date on the latest general and industry-specific international reporting standards and the proposed changes on your immediate horizon that will most likely alter the way in which you must account for and disclose information. Miller International Accounting/Financial Reporting Standards Guide organizes accounting pronouncements into two parts: general standards and industry-specific standards. The Practice Pointers featured throughout this edition point out, in plain English, how to apply the standards just discussed. Material in the Miller International Accounting/Financial Reporting Standards Guide can be easily located several ways: the Cross-Reference shows the chapter in which a particular pronouncement is discussed; the Table of Contents directs you to a specific topic area; and the Index provides a quick page reference.
Book Description
This book includes a wide range of topics that deals with international accounting standards, regulations, and financial reporting. The book is a timely collection of several original research papers written by well-known authors and experts in the field from countries around the globe on very important and emerging issues in international accounting.
Due to the adoption of International Accounting Standards (IAS) Regulation by the European Parliament in 2002 (N0 1606/2002), listed companies in the EU capital markets are required to implement IAS by 2005. This regulation is a revolutionary one, and therefore, there is a need for the type research that focus on the lobbying activities towards the International Accounting Standard Board (IASB). This book includes an in-depth coverage of such lobbying activities as well as an extensive research papers that focus on the content analysis of the comment letters received by International Accounting Standards Board (IASB).
Fair value accounting has gained some special interest in recent years. The book includes several research papers on Fair Value Accounting and its application in different countries.
Other topics covered in the book include auditing, taxation, and accounting education in several countries.
As an added value, the book include several chapters that should be viewed as educational tools for countries that do not have financial and technical resources to establish their own accounting and reporting standards. So, it is of critical importance for such countries to have a model to use for their financial reporting standards, and as such, the book includes research papers that explain how to adopt international financial reporting standards in such countries.
Experts in the field from different countries including Australia Belgium, Brazil, Estonia, France, Germany, Italy, Japan, Malaysia, Singapore, New Zealand, United Arab Emirates, United Kingdom, and the United States join forces to bring the latest development in the international accounting standards and financial reporting.
This book will be a very valuable resource for colleges and universities that have a course in international accounting as a part of their undergraduate or graduate curriculum. As well, the book will serve as a useful reference at any academic or professional library worldwide.
* Includes a wide range of topics that deal with international accounting standards, regulations, and financial reporting
* Shows how to adopt and implement International Financial Reporting Standards in Transition Economies
* Covers Fair Value Accounting with applications in two different countries
Book Description
International Accounting Standards Explained is an introduction to IASC and to the requirements of the IAS. It outlines how the standards are used on a daily basis by companies in preparation of their financial statements.
It offers a detailed description of the International Accounting Standards Committee and how it is structured. It examines the use of IAS from a practice orientation and looks at the main components of the financial statements, including questions of recognition and measurement of key financial statement items.
There is also a discussion of the IASC Framework for the Preparation and Presentation of Financial Statements. The framework provides a foundation for the development of new standards and is used as reference for applying IAS in the absence of detailed application guidance.
Books:
- A Professional Approach Series: Office 2000 Beginning Course Student Edition (Professional Approach Series)
- A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing, Ninth Edition
- Accounting Control Best Practices (Wiley Best Practices)
- Accounting Information Systems (10th Edition) (Accounting Information Systems)
- AI Application Programming (Programming Series) (Programming Series)
- AI Game Programming Wisdom (with CD-ROM) (Game Development Series)
- Animation Writing and Development, : From Script Development to Pitch (Focal Press Visual Effects and Animation)
- Asset Allocation: Balancing Financial Risk
- Beginning ASP.NET 2.0 in C# 2005: From Novice to Professional
- Bringing Out the Best in People
Books Index
Books Home
Recommended Books
- On The Wealth of Nations
- History: Fiction or Science
- Basic Econometrics w/Data Disk
- Black Cat, White Cat
- Game Theory with Economic Applications
- First Day Forever and Other Stories for LDS Youth
- Frank Church, D.C., & Me
- CPA's Guide to Effective Engagement Letters
- Computational Economics and Finance: Modeling and Analysis with Mathematica
- Dead Guilty
Wiley GAAP 2007: Interpretation and Application of Generally Accepted Accounting Principles (Wiley Gaap)
International Financial Reporting Standards (IFRS) Workbook and Guide: Practical insights, Case studies, Multiple-choice questions, Illustrations
Wiley Practitioner's Guide to GAAS 2007: Covering all SASs, SSAEs, SSARSs, and Interpretations (Wiley Practitioner's Guide to Gaas)
International Financial Reporting Standards: A Practical Guide
Company Valuation Under IFRS
