Applying international accounting standards /
Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter and Jennie Radford.
- Milton, Qld.: Wiley and Sons Australia, 2005.
- xviii, 1102 pages: illustrations; 25 cm.
Includes index.
Part 1: Framework -- The IASB: history, current structure and processes -- The conceptual Framework of the IASB -- Part 2: Elements -- Shareholders' equity: share capital and reserves -- Provisions, contingent liabilities and contingent assets -- Financial instruments -- Income taxes -- Inventories -- Property, plant and equipment -- Intangible assets -- Business combinations -- Impairment of assets -- Leases -- Part 3: Disclosure -- Principles of disclosure - IAS 1, IAS 8 and IAS 10 -- Presentation of financial statements -- Cash flow statements -- Part 4: Economic entities -- Controlled entities - the consolidation method -- Consolidated financial statements: wholly owned subsidiaries -- Consolidated financial statements: intragroup transactions -- Consolidated financial statements: minority interest - Consolidated financial statements: indirect ownership interests -- Consolidated financial statements: foreign subsidiaries -- Accounting for investments in associates -- Interests in joint ventures -- Segment reporting - IAS 14 -- Useful terms -- Index.
"Applying International Accounting Standards is an exciting new textbook written to meet the needs of accounting students and practitioners in understanding the complexities and applying the stable platform of International Accounting Standards. It does not cover all International Accounting Standards, concentrating on those that are not related to specific industries. The text offers a step-by-step introduction to the financial reporting procedures outlined within the new International Financial Reporting Standards (IFRS). With the inception of the IFRS on 1 January 2005, students studying accounting will need to possess a thorough conceptual and practical understanding of the new financial reporting requirements contained within the IFRS."- Book Jacket.