Wiley IFRS 2008: Interpretation and Application of International Accounting and Financial Reporting Standards 2008

by Barry J. Epstein (Checkers, Simon & Rosner, Chicago); Eva K. Jermakowicz

• ISBN13: 9780470135167
• ISBN10: 0470135166
• Format: Paperback
• Copyright: 2008-03-01
• Publisher: Wiley

Summary

The one indispensable guide to IFRS compliance Wiley IFRS 2008 is the comprehensive source for guidance in applying IFRS to complex, real-world fact situations, and is equally valuable for preparers, auditors, and users of financial reports. To facilitate the reader's understanding, the book includes both examples created to explain particular IFRS requirements and selections from actual published financial statements, which have been copiously provided throughout, illustrating all key concepts. Barry J. Epstein (Chicago, IL) is a partner with Russell Novak & Company, LLP, where he specializes in technical and litigation consultation on U.S. and international accounting and auditing matters and corporate governance. Eva K. Jermakowicz, PhD, CPA (Nashville, TN) is a university professor and a leading consultant to international organizations and businesses. She is a frequent speaker at international venues and has 25 years of teaching experience.

Table of Contents

Introduction to International Financial reporting Standards

Statement of Financial Position

Statements of Income, Comprehensive Income, and Changes in Equity

Statements of Cash Flows

Cash, Receivables, and Financial Instruments

Inventory

Revenue Recognition, Including Construction Contracts

Property,Plant, and Equipment

Intangible Assets

Interests in Financial Instruments, Associates, Joint Ventures, and Investment Property

Business Combinations and Consolidated Financial Statements

Current Liabilities, Provisions, Contingencies, and Evens After the Reporting Period

Financial Instruments-Long-Term Debt

Leases

Income Taxes

Employee Benefits

Shareholders' Equity

Earnings Per Share

Interim Financial Reporting

Operating Segments

Changes in Accounting Policies and Estimates, and Corrections of Errors

Foreign Currency

Related-Party Disclosures

Specialized Industry Accounting

Inflation and Hyperinflation

Government Grants

First-Time Adoption of International Financial Reporting Standards

Disclosure Checklist

Illustrative Financial Statement Presented under IFRS

Comparison of IFRS and US GAAP

Index

Table of Contents provided by Publisher. All Rights Reserved.