Insights into IFRS: KPMG's practical guide to International Financial Reporting Standards is from the KPMG International Financial Reporting Group and Thomson. International Financial Reporting Standards (IFRSs) are the new global language of financial reporting. Insights into IFRS can be your guide to preparing and understanding financial statements that use IFRSs. In Insights into IFRS, the KPMG International Financial Reporting Group has laid out an overview of the requirements of IFRSs and provided extensive interpretative and application guidance based on seven years of experience working with IFRSs around the world. For ease of use, it is organised by topic to follow the structure of a set of financial statements and is cross-referenced extensively to the relevant standards and interpretations. It emphasises the application of IFRSs in practice and explains the conclusions reached by the KPMG International Financial Reporting Group on many interpretative issues. It is based on questions that have arisen around the world and includes many illustrative examples to clarify the application of the standards. of IFRSs. It is based on standards that were in issue at 1 August 2005 and that are mandatory for an annual period beginning on or after 1 January 2005. It also covers new standards that are not required for 2005 but will apply soon and highlights areas of IFRSs that may change as a result of the ongoing projects of the IASB and IFRIC. The KPMG International Financial Reporting Group is part of KPMG IFRG Limited. How Insights into IFRS can help you? Learn from seven years of research and hands-on experience of the KPMG International Financial Reporting Group. More clearly understand the practical issues of applying and interpreting IFRSs. Use illustrative examples from around the world to avoid re-solving problems. Readily identify issues that can arise on first-time adoption of IFRSs. Benefit from having the requirements explained and discussed by topic. Anticipate forthcoming requirements and possible changes to requirements as a result of IASB activity.
Introduction to Financial Accounting
By RAJU NARISETTI Staff Reporter of THE WALL STREET JOURNAL Greeting card maker Gibson Greetings Inc. said it will restate ... Gibson's stock fell $ 2.25 , or 14 % , to $ 13.75 Friday in Nasdaq trading following the announcement , which ...
Gibson Greetings , Inc.'s experience in 1992 illustrates this potential vulnerability . For years , Gibson's largest customer was a drugstore chain operated by Phar - Mor , Inc. About 13 % of Gibson's 1991 sales were to this chain .
Core Concepts of Accounting Information Theme II : Accounting Issues Involving Income and Cash Flows SOLUTION TO ASSIGNMENT 11-3-1 Cost - Volume - Profit Analysis : The Fund - Raiser BUY AT $ 12 , SELL AT $ 20 BUY AT $ 12 , SELL AT $ 15 ...
You manufacture and sell jeans in several dozen countries throughout the world . Currently , your most profitable market is in Europe , where U.S. brand jeans are so popular that they sell at almost twice the selling price in the United ...
Recent accounting scandals have emphasized the need to consider ethics in a wide variety of accounting scenarios.
Financial Accounting for Undergraduates
The following information has been gathered pertaining to the first two years of operation since Mooney's purchase of Tripper Company stock : ( a ) Intercompany merchandise sales are summarized as follows : Merchandise Remaining in ...
... 13-15 Governmental accounting, 9 Gross profit method of estimating inventory, 321-22 Gross profit from sales, 161 Gross sales, 162 H-I Historical cost/constant dollar accounting, 605-10 Inadequacy of assets, 341 Income statement, ...
Beacon Advertising 205 Accts . Pay : -North Shore Auto 9 301 Maria Sanchez , Capital 10 302 Maria Sanchez , Withdrawals 11 303 Income Summary 12 401 Delivery Revenue 13 501 Advertising Expense 14 505 Maintenanco Punonen 15 510 Ren 16 ...