Comparative International Accounting

by Nobes, Christopher; Parker, Robert B

• ISBN13: 9780273763796
• ISBN10: 0273763792
• Edition: 12th
• Format: Paperback
• Copyright: 2012-05-04
• Publisher: Prentice Hall

Summary

This text uncovers the conceptual and contextual foundations of IFRS and contrasts them with US GAAP, and other international differences which remain between countries such as China, France, Germany and Japan.

Author Biography

Christopher Nobes is Professor of Accounting at Royal Holloway, University of London. From 1993 to 2001 he was a representative on the board of International Accounting Standards Committee.

Robert Parker is Emeritus Professor of Accounting at the University of Exeter, UK. He was formerly editor of the journal, Accounting and Business Research.

Both authors received the American Accounting Association’s ‘Outstanding International Accounting Educator’ award.

Table of Contents

Part I: SETTING THE SCENE
1        Introduction
2        Causes and examples of international differences
3        International classification of financial reporting
4        International harmonization

Part II: FINANCIAL REPORTING BY LISTED GROUPS USING IFRS OR US GAAP
5        The context of financial reporting by listed groups
6        The requirements of International Financial Reporting Standards
7        Different versions of IFRS practice
8        Financial reporting in the United States
9        Key financial reporting topics
10      Political lobbying on accounting standards – US, UK, and international experience        

Part III: CHINA AND JAPAN
11      Financial reporting in China and Japan

Part IV: FINANCIAL REPORTING BY INDIVIDUAL COMPANIES
12      The context of financial reporting by individual companies
13      Harmonization and transition in Europe
14      Making accounting rules for unlisted business entities in Europe
15      Accounting rules and practices of individual companies in Europe

Part V: GROUP ACCOUNTING ISSUES IN REPORTING BY MNEs
16      Group accounting
17      Foreign currency translation
18      Segment reporting

Part VI:  ENFORCEMENT AND ANALYSIS
19   Enforcement of financial reporting requirements
20   International auditing
21   International financial analysis

Synoptic table of accounting differences in eight GAAPs 2011
Glossary of abbreviations
Suggested answers to some of the end-of-chapter questions
Author Index
Subject Index