Wiley Ias 98

by Epstein, Barry J.; Mirza, Abbas Ali

• ISBN13: 9780471162964
• ISBN10: 0471162965
• Format: Paperback
• Copyright: 1998-01-01
• Publisher: John Wiley & Sons Inc

Summary

This important reference, the first published in the US, keeps readers on top of the emerging international accounting standards vital to succeed in today2s global economy. It covers all the standards and provides valuable interpretation and practical insights along with case studies and real-world applications. It also includeds a disclosure checklist to help ensure compliance with IAS disclosure requirements.

Table of Contents

1 Introduction to International Accounting Standards	1	(24)
Appendix: International Accounting Standards Effective 1998	23	(2)
2 Balance Sheet	25	(32)
3 Income Statement, Statement of Changes in Equity, and Statement of Recognized Gains and Losses	57	(34)
Appendix A: Presentation of Discontinued Operations	82	(5)
Appendix B: Presentation of Extraordinary Items	87	(2)
Appendix C: Financial Reporting for Development Stage Enterprises	89	(2)
4 Cash Flow Statements	91	(32)
5 Cash, Receivables, and Financial Instruments	123	(38)
6 Inventory	161	(38)
7 Construction Contracts	199	(22)
Appendix: Accounting Under Special Situations--Guidance From US GAAP	218	(3)
8 Property, Plant, and Equipment and Intangible Assets	221	(48)
9 Investments	269	(52)
10 Business Combinations and Consolidated Financial Statements	321	(58)
11 Current Liabilities and Contingencies	379	(18)
12 Long-Term Debt	397	(22)
13 Accounting for Leases	419	(58)
Appendix A: Special Situations Not Yet Addressed by IAS 17	461	(9)
Appendix B: Leveraged Leases	470	(7)
14 Accounting for Income Taxes	477	(60)
Appendix: Accounting for Income Taxes in Interim Periods	522	(15)
15 Accounting for Pensions	537	(32)
16 Stockholder's Equity	569	(34)
Appendix A: Illustration of Financial Statement Presentation	576	(2)
Appendix B: Additional Guidance Under US GAAP	578	(25)
17 Earnings Per Share	603	(18)
Interim and Segment Reporting	621	(38)
Interim Reporting	621	(18)
Segment Reporting	639	(20)
19 Accounting Changes and Correction of Fundamental Errors	659	(34)
Appendix A: Accounting for Correction of Errors and Changes in Accounting Policy Under US GAAP	676	(10)
Appendix B: Accounting Changes in Interim Periods	686	(7)
20 Foreign Currency	693	(30)
Appendix A: Hedging	714	(3)
Appendix B: Additional Guidance From US GAAP	717	(6)
21 Personal Financial Statements	723	(10)
22 Specialized Industry GAAP	733	(34)
23 Accounting for Inflation and Hyperinflation	767	(30)
Appendix: Monetary vs. Nonmonetary Items	795	(2)
Appendix: Disclosure Checklist	797	(34)
Index	831