IFRS Policies and Procedures

by Barry J. Epstein (with Russell Novak & Company ); Eva K. Jermakowicz

• ISBN13: 9780470275924
• ISBN10: 0470275928
• Format: eBook
• Copyright: 2008-05-01
• Publisher: Wiley

Summary

The most practical, authoritative guide to converting IFRS rules into operational implementation practices, including related policies and procedures, controls, forms, and recordkeeping requirements. Get the answers you need to effectively implement IFRS rules and keep up to date on the latest IFRS requirements. Designed to complement any Wiley IFRS product, IFRS Policies and Procedures is sequenced in the same manner as Wiley IFRS and incorporates additional categories of information to assist you in properly implementing IFRS. Featuring handy, illustrative decision trees clarifying how to interpret multiple options under IFRS requirements, this invaluable book presents: * Authoritative advice and everyday guidance to all areas of bookkeeping, accounting, and financial statement preparation in conformity with International Financial Reporting Standards * Current content on all IFRS and IFRIC pronouncements through Fall 2007 * The most effective methods to convert IFRS rules into an operational implementation * Definitions and concepts in every chapter addressing the most common IFRS issues * Coverage of all aspects of annual and interim financial reporting, including segment reporting, accounting changes and correction of errors, use of revaluations for long-lived tangible and intangible assets and investment property, revenue recognition, and specialized industry rules With all current IAS, IFRS, SIC and IFRIC guidance addressed in depth, IFRS Policies and Procedures will assist you with timely coverage on all aspects of annual and interim fin-ancial reporting.

Table of Contents

Researching IFRS Implementation Problems

Cash, Receivables, and Prepaid Expenses

Short-Term Investments and Financial Instruments

Inventory

Revenue Recognition

Long-Lived Assets

Investments

Business Combinations and Consolidated Financial Statements

Current Liabilities, Provisions, Contingencies, and Events After the Balance Sheet Date

Long-Term Debt

Leases

Pensions and Other Postretirement Benefits

Shareholders' Equity

Interim Reporting

Segment Reporting

Foreign Currency

Index

Table of Contents provided by Publisher. All Rights Reserved.