Frequently Asked Questions in IFRS Ebook Tooltip

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  • Engels
  • E-book
  • 9781119960676
  • 01 maart 2013
  • 416 pagina's
  • Adobe ePub
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A concise FAQ guide to IFRS principles and practices

Co-written by Steven Collings, winner of Accounting Technician of the Year at the British Accountancy Awards 2011, this book is a comprehensive guide to International Financial Reporting Standards (IFRS) which became mandatory in the EU in 2005, and they will almost certainly be adopted by most other developed countries in the near future. Unlike US-GAAP and other sets of standards, the IFRS are principles-based rather than rules-based, putting the onus of interpretation more on users than has previously been the case. Under IFRS users must understand the economic substance of operations, and they must be able to make assumptions, hypotheses, and estimations leading to an accounting treatment consistent with the general objectives of and principles behind IFRS financial reporting. In a handy, easy-to-navigate Q&A format, Frequently Asked Questions on IFRS provides accounting and finance professionals with the answers to some of the most commonly asked questions on the new standards. Covering the often complicated areas of accounting for financial instruments, tangible and intangible assets, provisions, and revenue recognition, the book also contains a valuable overview of the standards and the thinking behind them.

  • Includes a comprehensive section on the new IFRS for small and medium enterprises
  • Contains real-world examples from financial reports; a glossary of commonly used terms; and a 'Test Your Knowledge' section
  • Provides a simple way to get up to speed on these often confusing, principles-based standards

Productspecificaties

Inhoud

Taal
en
Bindwijze
E-book
Oorspronkelijke releasedatum
01 maart 2013
Aantal pagina's
416
Ebook Formaat
Adobe ePub
Illustraties
Nee

Betrokkenen

Hoofdauteur
Steven Collings
Tweede Auteur
Steve Collings
Co Auteur
Steven Collings
Hoofduitgeverij
John Wiley & Sons

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9781119960676
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