Includes index.

Contents:

Preface vii -- About the Authors ix -- About the Online Resources xi -- 1 Introduction to International Financial Reporting Standards 1 -- 2 Conceptual Framework 27 -- 3 Presentation of Financial Statements 35 -- 4 Statement of Financial Position 55 -- 5 Statements of Profit or Loss and Other Comprehensive Income, and Changes in Equity 71 -- 6 Statement of Cash Flows 91 -- 7 Accounting Policies, Changes in Accounting Estimates, and Errors 109 -- 8 Inventory 129 -- 9 Property, Plant and Equipment 149 -- 10 Borrowing Costs 185 -- 11 Intangible Assets 193 -- 12 Investment Property 223 -- 13 Impairment and Noncurrent Assets Held for Sale 235 -- 14 Consolidations, Joint Arrangements, Associates, and Separate Financial Statements 259 -- 15 Business Combinations 307 -- 16 Shareholders' Equity 359 -- 17 Share-Based Payment 391 -- 18 Current Liabilities, Provisions, Contingencies, and Events After the Reporting Period 427 -- 19 Employee Benefits 461 -- 20 Revenue Recognition, Including Construction Contracts 483 -- 21 Government Grants 517 -- 22 Leases 529 -- 23 Foreign Currency 581 -- 24 Financial Instruments 611 -- 25 Fair Value 709 -- 26 Income Taxes 727 -- 27 Earnings Per Share 765 -- 28 Operating Segments 783 -- 29 Related-Party Disclosures 799 -- 30 Accounting and Reporting by Retirement Benefit Plans 811 -- 31 Agriculture 819 -- 32 Extractive Industries 833 -- 33 Accounting for Insurance Contracts 843 -- 34 Interim Financial Reporting 853 -- 35 Inflation and Hyperinflation 893 -- 36 First-Time Adoption of International Financial Reporting Standards 917 -- Appendix A: Disclosure Checklist 949 -- Index 1039

Summary:

Provides the necessary tools for understanding the International Accounting Standards Board (IASB) standards and offers practical guidance and expertise on how to use and implement them. This book covers the International Financial Reporting Standards (IFRS) and IFRIC interpretations. It is a guide to IFRS compliance.