International Accounting Standards are fast becoming a global feature with more countries switching from domestic standards to International. Most of the international standards are complex and technical. This book aims to summarise the core technical aspects of the accounting standards in an easy to understand format. Most chapters contain illustrative examples of how the standard works in practice as well as defining some of the more complex and technical terms users often come across when reporting under IFRS.
Also explain the required accounting treatment of such an instrument. (b) On 1 April 2018, a company issues a £500,000 4% convertible bond at par. Interest is payable on 31 March each year. The bond is redeemable at par on 31 March 2023 ...
"This book is written by authors who clearly understand the challenges facing all who seek to understand and apply international standards.
Understanding the main concepts of IFRS Standards The fourth edition of Applying IFRS Standards explains the core principles of International Financial Reporting (IFRS) Standards.
Other long-term employee benefits are employee benefits (other than postemployment benefits and termination benefits) which do not fall due wholly within twelve months after the end of the period in which the employees render the ...
Each chapter of International GAAP 2016 deals with a key area of IFRS and has a common structure for ease of use: • An introduction to the background issues • An explanation of relevant principles • A clear exposition of the ...
Each chapter of International GAAP® 2015 deals with a key area of IFRS and has a common structure for ease of use: An introduction to the background issues An explanation of relevant principles A clear exposition of the requirements of ...
Yang therefore will receive ¥100,000 cash and will make the following journal entry. Sept. 1 Cash 100,000 Notes Payable 100,000 (To record issuance of 12%, 4-month note to First Hunan Bank) +100,000 +100,000 Cash Flows +100,000 Interest ...
The International Financial Reporting Group of Ernst & Young includes financial reporting specialists from throughout the world.
New to This Edition: * New coauthor, Ervin L. Black of Brigham Young University. * Updated coverage on corporate governance, Sarbanes-Oxley, the Public Company Accounting Oversight Board (PCAOB), and how these forces affect U.S.-based ...
With a focus on how to implement the standards, this text delivers a focused, user-friendly introduction to international financial reporting.