Inside IFRS: Accounting and Financial Reporting Fundamentals

Get the information you need to successfully grasp the complex financial accounting and reporting requirements prescribed under International Financial Reporting Standards (IFRSs). This 2013 edition provides a comprehensive look at IFRSs in a topical format, allowing practitioners and preparers of financial statements to quickly find what theyÕre looking for. It includes the latest standards issued by the International Accounting Standards Board (IASB), including IFRS 10, 11, 12, and 13. In addition to IFRSs, this book includes International Accounting Standards, International Financial Reporting Interpretations Committee and Standard Interpretation Committee topics. The content includes recognition, measurement, presentation, and disclosure requirements by accounting topic, which allows the reader to gain an understanding of the respective accounting and disclosure requirements as prescribed by the IASB. This book covers virtually every financial accounting and reporting topic, including, but not limited to, the following: • IFRS 10, Consolidated Financial Statements, IFRS 11, Joint Arrangements, IFRS 12, Disclosure of Interests in Other Entities, and IFRS 13, Fair Value Measurement • First-time Adoption • Financial Instruments (IFRS 9, Financial Instruments) • Revenue Recognition • Business Combinations • Leases