Wiley IFRS 2015 is the one–stop resource for understanding the most current International Financial Reporting Standards, now in use in over 100 countries. This indispensible set contains the acumen and insight of experts from around the world, plus a CD–ROM that keeps useful information just a click away. Readers will find detailed guidance toward IFRS interpretation and implementation, including advice for those implementing the standards for the first time, organised by topic for easy navigation. The CD–ROM includes a point–and–click index for quick reference, and is bookmark–enabled to allow fast access to frequently used pages.
The International Accounting Standards Board continues to make significant strides in achieving global convergence of accounting standards, with more and more countries either adopting IFRS or adapting local standards to align with those produced by the IASB. Wiley IFRS 2015 is a comprehensive multimedia reference set, providing all the information and tools needed to produce IFRS–compliant reports.
- Get up–to–date on the latest International Financial Reporting Standards
- Gain expert insight into interpretation and implementation
- Apply IFRS rules in complex, real–world situations
- Access expert advice instantly with the fully–indexed CD–ROM
Uniform reporting reduces the cost of preparing financial statements for multinational companies, and facilitates the jobs of those tasked with the assessment of business results. As IFRS rules update annually, it′s vital for financial professionals to stay current on the latest changes, which may affect current procedure or induce changes going forward. Wiley IFRS 2015 provides complete guidance on the latest information, with clear instruction and expert advice.
1 Introduction to International Financial Reporting Standards 1
2 Conceptual Framework 29
3 Presentation of Financial Statements 39
4 Statement of Financial Position 59
5 Statements of Profit or Loss and Other Comprehensive Income,
and Changes in Equity 75
6 Statement of Cash Flows 95
7 Accounting Policies, Changes in Accounting Estimates, and Errors 113
8 Inventories 135
9 Property, Plant, and Equipment 151
10 Borrowing Costs 187
11 Intangible Assets 195
12 Investment Property 225
13 Impairment and Noncurrent Assets Held for Sale 239
14 Consolidations, Joint Arrangements, Associates,
and Separate Financial Statements 261
15 Business Combinations 317
16 Shareholders Equity 371
17 Share–Based Payment 397
18 Current Liabilities, Provisions, Contingencies,
and Events After the Reporting Period 435
19 Employee Benefits 467
20 Revenue Recognition, Including Construction Contracts 489
21 Government Grants 527
22 Leases 539
23 Foreign Currency 593
24 Financial Instruments 625
25 Fair Value 749
26 Income Taxes 775
27 Earnings Per Share 815
28 Operating Segments 833
29 Related–Party Disclosures 851
30 Accounting and Reporting by Retirement Benefit Plans 865
31 Agriculture 873
32 Extractive Industries 887
33 Accounting for Insurance Contracts 897
34 Interim Financial Reporting 909
35 Inflation and Hyperinflation 931
36First–Time Adoption of International Financial Reporting Standards 953
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