Steven M. Bragg, "IFRS Made Easy"
English | 2010 | ISBN: 0470890703 | 266 pages | EPUB | 3 MB
English | 2010 | ISBN: 0470890703 | 266 pages | EPUB | 3 MB
International Financial Reporting Standards (IFRS) have been adopted by over 120 nations, with U.S. adoption of IFRS® slated for 2016. While convergence to IFRS® appears to be inevitable, most companies have not even begun the process. Practical, with plain-language explanations, IFRS® Made Easy provides an easy-to-follow, nontechnical reference for accountants, controllers, and CFOs.
Clarifying IFRS® in simple terms, author and renowned accounting leader Steven Bragg provides guidance for the most common accounting issues arising from international financial reporting standards on topics including:
Revenue recognition rules
Defined benefit and defined contribution pension plans
Payments based on an entity's share price
Deferred tax assets and liabilities
Cash flow hedges and fair value hedges
Investments in associates and joint ventures
Inventory revaluations
Fair value adjustments for property, plant, and equipment
Asset impairment
How will IFRS® impact your company? How will you need to account for various specific items? How can you report on special situations? If you want nuts-and-bolts answers to questions like these without overcomplicated explanations, IFRS® Made Easy is for you, providing the solid framework you need to fully prepare for IFRS® conversion.