Wiley IFRS: Practical Implementation Guide and Workbook

Front Cover
John Wiley & Sons, Dec 28, 2010 - Business & Economics - 496 pages
1 Review
Wiley IFRS: Practical Implementation Guide and Workbook, Second Edition is a quick reference guide on IFRS/IAS that includes easy-to-understand IFRS/IAS standards outlines, practical insights, case studies with solutions, illustrations and multiple-choice questions with solutions. The book greatly facilitates your understanding of the practical implementation issues involved in applying these complex "principles-based" standards. PS-Line
 

What people are saying - Write a review

User Review - Flag as inappropriate

parties have informed the IASB that the requirements of IAS 39 Financial Instruments: Recognition and Measurement are difficult to understand, apply and interpret (IASB, 2009 ED- Financial Instruments). The financial crisis has accentuated concerns about the complexity of Accounting for Financial Instruments (IASB- 2009- Snapshot- ED- Financial Instruments)
Discuss the complexity of Accounting for financial instruments and evaluate how it could be reduced?
 

Contents

Chapter Title Page No 1 Introduction to International Financial Reporting Standards
1
IASB Framework
8
Presentation of Financial Statements IAS 1
13
Inventories IAS 2
27
Cash Flow Statements IAS 7
47
Accounting Policies Changes in Accounting Estimates and Errors IAS 8
53
Events After the Balance Sheet Date IAS 10
65
Construction Contracts IAS 11
69
Investments in Associates IAS 28
202
Financial Reporting in Hyperinflationary Economies IAS 29
210
Interests in Joint Ventures IAS 31
215
Presentation IAS 32
221
Recognition and Measurement IAS 39
236
Earnings Per Share IAS 33
286
Interim Financial Reporting IAS 34
299
Impairment of Assets IAS 36
304

Income Taxes IAS 12
77
Segment Reporting IAS 14
94
Operating Segments IFRS 8
103
Property Plant and Equipment IAS 16
108
Leases IAS 17
117
Revenue IAS 18
129
Employee Benefits IAS 19
137
Accounting for Government Grants and Disclosure of Government Assistance IAS 20
151
The Effects of Changes in Foreign Exchange Rates IAS 21
159
Borrowing Costs IAS 23
170
RelatedParty Disclosures IAS 24
176
Accounting and Reporting by Retirement Benefit Plans IAS 26
186
Consolidated and Separate Financial Statements IAS 27
193
Provisions Contingent Liabilities and Contingent Assets IAS 37
317
Intangible Assets IAS 38
330
Investment Property IAS 40
345
Agriculture IAS 41
353
FirstTime Adoption of International Financial Reporting Standards IFRS 1
362
ShareBased Payments IFRS 2
382
Business Combinations IFRS 3
402
Insurance Contracts IFRS 4
421
Noncurrent Assets Held for Sale and Discontinued Operations IFRS 5
428
Exploration for and Evaluation of Mineral Resources IFRS 6
440
Disclosures IFRS 7
448
Index
461
Copyright

Other editions - View all

Common terms and phrases

About the author (2010)

Abbas Ali Mirza is a partner with Deloitte & Touche (ME), Dubai, UAE, and on the firm's regional Technical assurance and advisory committee. He is a frequent speaker and workshop leader and widely published in international accounting journals. He is Chairman of the Auditors Group of the Dubai Chamber of Commerce & Industry and was the 21st session Chairman of the Intra-Governmental Working Group of Experts on International Standards on Accounting & Reporting (ISAR) at the United Nations.

Magnus Orrell is a partner with Deloitte & Touche LLP in Wilton, Connecticut. He specializes in the accounting for financial instruments under both IFRS and US GAAP. He previously worked for the International Accounting Standards Board (IASB).

Graham J. Holt is an examiner with the ACCA, UK, and a Principal Lecturer of Accounting and Finance, Manchester Metropolitan University Business School, and is coauthor of an IFRS text, contributor to academic publications, and author of professional journal papers.

Liesel Knorr is President of the German Accounting Standards Board and former technical director with the International Accounting Standards Committee?responsible for preparing the core set of standards?endorsed by the International Organization of Securities and Exchange Commissions. She is the author of many technical papers.

Bibliographic information