SynopsisInternational GAAP® 2016 is a comprehensive guide to interpreting and implementing IFRS, setting IFRS in a relevant business context and providing insights into how complex practical issues should be resolved in the real world of global financial reporting. This book is an essential tool for anyone applying, auditing, interpreting, regulating, studying or teaching IFRS. Written by the financial reporting professionals from the International Financial Reporting Group of EY, this three-volume guide to reporting under IFRS provides a global perspective on the application of IFRS. Complex technical accounting issues are explained clearly and IFRS is set in a practical context with numerous worked examples and hundreds of illustrations from the published financial reports of major listed companies from around the world. The 2016 edition of International GAAP® has been fully revised and updated to: * Explore the implementation issues arising as entities plan for the future adoption of IFRS 9 ( Financial Instruments ) and IFRS 15 ( Revenue from Contracts with Customers ), including those referred to the IFRS Transition Resource Group for Impairment of Financial Instruments and the Joint Transition Resource Group for Revenue Recognition. * Address amended standards and new interpretations issued since the preparation of the 2015 edition. * Explain the many other initiatives that are currently being discussed by the IASB and by the IFRS Interpretations Committee and the potential consequential changes to accounting requirements. In particular, projects on insurance contracts, leases and the conceptual framework for financial reporting may all result in significant changes to current accounting practice. * Provide insight on the many issues relating to the practical application of IFRS, based on the extensive experience of the book's authors in dealing with recent day-to-day issues. This online edition is available through a 12-month subscription and features include the ability to: � Navigate � Print and bookmark chapters and sections � Search showing search terms highlighted in the text � Format search results and set the length of display � Save frequent searches, International GAAPr 2010 goes much further than explanation. It interprets IFRSs, sets them in a relevant business context and provides insights into how complex practical issues should be resolved in the real world of global financial reporting. This book is an essential tool for anyone applying, auditing, interpreting, regulating, studying and teaching international financial reporting.Written by financial reporting experts from the International Financial Reporting Group of Ernst & Young, this book provides a truly global perspective on the real-world interpretation and practical application of IFRSs. Complex technical accounting issues are explained clearly in jargon-free terms, and IFRSs are set in a practical working context with numerous worked examples and hundreds of practical illustrations from the published financial reports of major listed companies from around the world.International GAAPr 2010 has been fully revised and updated in order to:- Deal with all new and amended authoritative pronouncements, including the recent and significant revisions to IAS 1 (Presentation of Financial Statements), IAS 23 (Borrowing Costs), IAS 27 (Consolidated and Separate Financial Statements) and IFRS 3 (Business Combinations)- Provide insight and guidance in greater detail than ever before on the interpretation and practical application on IFRS from a truly global perspective, based on the experience of the book's authors in dealing with recent day-to-day practical issues- Explain the many current initiatives that are presently being pursued by the IASB and IFRIC and that will lead to changes in accounting requirements, International GAAP(R) 2016 is a comprehensive guide to interpreting and implementing IFRS, setting IFRS in a relevant business context and providing insights into how complex practical issues should be resolved in the real world of global financial reporting. This book is an essential tool for anyone applying, auditing, interpreting, regulating, studying or teaching IFRS. Written by the financial reporting professionals from the International Financial Reporting Group of EY, this three-volume guide to reporting under IFRS provides a global perspective on the application of IFRS. Complex technical accounting issues are explained clearly and IFRS is set in a practical context with numerous worked examples and hundreds of illustrations from the published financial reports of major listed companies from around the world. The 2016 edition of International GAAP(R) has been fully revised and updated to: - Explore the implementation issues arising as entities plan for the future adoption of IFRS 9 ( Financial Instruments ) and IFRS 15 ( Revenue from Contracts with Customers ), including those referred to the IFRS Transition Resource Group for Impairment of Financial Instruments and the Joint Transition Resource Group for Revenue Recognition. - Address amended standards and new interpretations issued since the preparation of the 2015 edition. - Explain the many other initiatives that are currently being discussed by the IASB and by the IFRS Interpretations Committee and the potential consequential changes to accounting requirements. In particular, projects on insurance contracts, leases and the conceptual framework for financial reporting may all result in significant changes to current accounting practice. - Provide insight on the many issues relating to the practical application of IFRS, based on the extensive experience of the book's authors in dealing with recent day-to-day issues. This online edition is available through a 12-month subscription and features include the ability to: � Navigate � Print and bookmark chapters and sections � Search showing search terms highlighted in the text � Format search results and set the length of display � Save frequent searches
LC Classification NumberHF5626