It concentrates not only on the content and controversy surrounding the publication of the latest accounting standards but also investigates such important subjects as materiality and international harmonization which are currently exercising many professional accountants' minds.
The last two chapters of the book introduce the reader to some of the latest thinking on subjects as diverse as deferred taxation, pensions and environmental reporting.
An informative and thought provoking book which will untangle the complexities of financial reporting
Includes recently published articles from the accounting press
The Statement of Principles
Reporting the Substance of Transactions and Financial Performance
Goodwill, Associated Companies, Joint Ventures and Tangible Fixed Assets
Impairment of Fixed Assests and Goodwill
Provisions and Contingencies
Robert Kirk BScn (Econ) FCA CPA qualified as a charted accountant in Belfast with Price Waterhouse & Co., and spent two years in industry and a further four years in practice. In 1980 he was appointed director of a private teaching college in Dublin where he specialised in the teaching of financial accounting subjects. He later moved into the university sector and is currently Professor of Financial Reporting in the the School of Accounting at the University of Ulster. He also presents continuing professional education courses for various institutes across the UK and Ireland.