{"product_id":"understanding-ifrs-fundamentals-isbn-9780470399149","title":"Understanding IFRS Fundamentals","description":"\u003cb\u003eA one-stop resource for understanding and applying current International Financial Reporting Standards\u003c\/b\u003e  \u003cp\u003eThe move to International Financial Reporting Standards (IFRS) is the single most important initiative in the financial reporting world, with more than 100 countries requiring or allowing the use of IFRS for the preparation of financial statements by publicly held companies. It is expected that by 2011, more than 150 countries will be converting to it.\u003c\/p\u003e \u003cp\u003eIt's clear that IFRS is here to stay—get the expert advice you need to properly implement IFRS with \u003ci\u003eUnderstanding IFRS Fundamentals: International Financial Reporting Standards.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eFilled with easy-to-follow examples and case studies, \u003ci\u003eUnderstanding IFRS Fundamentals: International Financial Reporting Standards\u003c\/i\u003e is your handy resource to all things IFRS, presenting:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eAuthoritative advice and simple explanations of IFRS standards\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eTopical arrangement of issues of common interest to financial statement preparers and users\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eExtracts from published financial statements illustrating practical implications for applying IFRS\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eGuidance for finance professionals in more than 100 countries that have either adopted or adapted to IFRS\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSimple explanations of complex standards\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eA practical reference with the answers to your issues of interest, \u003ci\u003eUnderstanding IFRS Fundamentals: International Financial Reporting Standards\u003c\/i\u003e serves as an essential resource for when you need information in a hurry.\u003c\/p\u003e \u003cp\u003eStay on track and focused with the straightforward guidance in \u003ci\u003eUnderstanding IFRS Fundamentals: International Financial Reporting Standards\u003c\/i\u003e.\u003c\/p\u003e \u003cp\u003ePreface vii\u003c\/p\u003e \u003cp\u003eAbout the Authors ix\u003c\/p\u003e \u003cp\u003eIntroduction xi\u003c\/p\u003e \u003cp\u003e1 Introduction to International Financial Reporting Standards 1\u003c\/p\u003e \u003cp\u003e2 IASB Framework 11\u003c\/p\u003e \u003cp\u003e3 Presentation of Financial Statements (IAS 1) 17\u003c\/p\u003e \u003cp\u003e4 Inventories (IAS 2) 27\u003c\/p\u003e \u003cp\u003e5 Statement of Cash Flows (IAS 7) 35\u003c\/p\u003e \u003cp\u003e6 Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8) 41\u003c\/p\u003e \u003cp\u003e7 Events After the Reporting Period (IAS 10) 49\u003c\/p\u003e \u003cp\u003e8 Construction Contracts (IAS 11) 53\u003c\/p\u003e \u003cp\u003e9 Income Taxes (IAS 12) 59\u003c\/p\u003e \u003cp\u003e10 Property, Plant, and Equipment (IAS 16) 69\u003c\/p\u003e \u003cp\u003e11 Leases (IAS 17) 77\u003c\/p\u003e \u003cp\u003e12 Revenue (IAS 18) 87\u003c\/p\u003e \u003cp\u003e13 Employee Benefits (IAS 19) 95\u003c\/p\u003e \u003cp\u003e14 Accounting for Government Grants and Disclosure of Government Assistance (IAS 20) 107\u003c\/p\u003e \u003cp\u003e15 The Effects of Changes in Foreign Exchange Rates (IAS 21) 111\u003c\/p\u003e \u003cp\u003e16 Borrowing Costs (IAS 23) 119\u003c\/p\u003e \u003cp\u003e17 Related-Party Disclosures (IAS 24) 123\u003c\/p\u003e \u003cp\u003e18 Accounting and Reporting by Retirement Benefit Plans (IAS 26) 131\u003c\/p\u003e \u003cp\u003e19 Consolidated and Separate Financial Statements (IAS 27) 143\u003c\/p\u003e \u003cp\u003e20 Investments in Associates (IAS 28) 155\u003c\/p\u003e \u003cp\u003e21 Financial Reporting in Hyperinflationary Economies (IAS 29) 163\u003c\/p\u003e \u003cp\u003e22 Interests in Joint Ventures (IAS 31) 171\u003c\/p\u003e \u003cp\u003e23 Financial Instruments: Presentation (IAS 32) 177\u003c\/p\u003e \u003cp\u003e24 Earnings Per Share (IAS 33) 187\u003c\/p\u003e \u003cp\u003e25 Interim Financial Reporting (IAS 34) 195\u003c\/p\u003e \u003cp\u003e26 Impairment of Assets (IAS 36) 207\u003c\/p\u003e \u003cp\u003e27 Provisions, Contingent Liabilities, and Contingent Assets (IAS 37) 215\u003c\/p\u003e \u003cp\u003e28 Intangible Assets (IAS 38) 223\u003c\/p\u003e \u003cp\u003e29 Financial Instruments: Recognition and Measurement (IAS 39) 231\u003c\/p\u003e \u003cp\u003e30 Investment Property (IAS 40) 261\u003c\/p\u003e \u003cp\u003e31 Agriculture (IAS 41) 267\u003c\/p\u003e \u003cp\u003e32 First-Time Adoption of International Financial Reporting Standards (IFRS 1) 277\u003c\/p\u003e \u003cp\u003e33 Share-Based Payment (IFRS 2) 295\u003c\/p\u003e \u003cp\u003e34 Business Combinations (IFRS 3) 305\u003c\/p\u003e \u003cp\u003e35 Insurance Contracts (IFRS 4) 321\u003c\/p\u003e \u003cp\u003e36 Noncurrent Assets Held for Sale and Discontinued Operations (IFRS 5) 331\u003c\/p\u003e \u003cp\u003e37 Exploration for and Evaluation of Mineral Resources (IFRS 6) 339\u003c\/p\u003e \u003cp\u003e38 Financial Instruments: Disclosures (IFRS 7) 345\u003c\/p\u003e \u003cp\u003e39 Operating Segments (IFRS 8) 363\u003c\/p\u003e \u003cp\u003e40 Financial Instruments (IFRS 9) 369\u003c\/p\u003e \u003cp\u003e41 International Financial Reporting Standards (IFRS) for Small and Medium Enterprises (SMEs) 383\u003c\/p\u003e \u003cp\u003eIndex 395\u003c\/p\u003e  \u003cb\u003eNandakumar Ankarath\u003c\/b\u003e is a Fellow Member of The Institute of Chartered Accountants of India and a Senior Partner with Moore Stephens, Chartered Accountants, United Arab Emirates. Nandakumar has over 25 years of postqualification experience in auditing, accounting, financial and management consultancy in various business environments in India, Bahrain, and the United Arab Emirates. He has also served as a member of the Committee on Accounting Standards for Local Bodies formed by the governing body of the Institute of Chartered Accountants of India to formulate accounting standards for local bodies, autonomous bodies, and nonprofit organizations in India.  \u003cp\u003e\u003cb\u003eDr. T.P. Ghosh\u003c\/b\u003e is a professor of accounting and finance at Management Development Institute, India, and a visiting professor of Wollongong University in Dubai, United Arab Emirates. Dr. Ghosh, who has served as the Director of Studies of the Institute of Chartered Accountants of India, New Delhi, has authored two important reference books for accounting professionals that include \u003ci\u003eAccounting Standards \u0026amp; Corporate Accounting Practices,\u003c\/i\u003e 8th edition, 2008.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eDr. Yass A. Alkafaji\u003c\/b\u003e is an Associate Professor of Accounting at the American University of Sharjah, United Arab Emirates. Dr. Alkafaji, who was the founder of Alkafaji \u0026amp; Associates, Ltd., a Chicago-based public accounting firm, has been a faculty member at Mississippi State University, Bowling Green State University, and Northeastern Illinois University in the United States. He has also been published in various journals including the \u003ci\u003eInternational Journal of Accounting\u003c\/i\u003e, \u003ci\u003eAccounting Research Journal\u003c\/i\u003e, \u003ci\u003eInternational Journal of Management,\u003c\/i\u003e and \u003ci\u003eManagerial Auditing Journal\u003c\/i\u003e.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eKalpesh J. Mehta\u003c\/b\u003e is a Fellow Member of the Institute of Chartered Accountants of India and is a founding member of the CA Section at M.T. EDUCARE (P) LTD., a premier institution for imparting quality education in India. He is also a faculty member at the Institute of Chartered Accountants of India.\u003c\/p\u003e  \u003cb\u003eA one-stop resource for understanding and applying current International Financial Reporting Standards\u003c\/b\u003e  \u003cp\u003eThe move to International Financial Reporting Standards (IFRS) is the single most important initiative in the financial reporting world, with more than 100 countries requiring or allowing the use of IFRS for the preparation of financial statements by publicly held companies. It is expected that by 2011, more than 150 countries will be converting to it.\u003c\/p\u003e \u003cp\u003eIt's clear that IFRS is here to stay—get the expert advice you need to properly implement IFRS with \u003ci\u003eUnderstanding IFRS Fundamentals: International Financial Reporting Standards.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eFilled with easy-to-follow examples and case studies, \u003ci\u003eUnderstanding IFRS Fundamentals: International Financial Reporting Standards\u003c\/i\u003e is your handy resource to all things IFRS, presenting:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eAuthoritative advice and simple explanations of IFRS standards\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eTopical arrangement of issues of common interest to financial statement preparers and users\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eExtracts from published financial statements illustrating practical implications for applying IFRS\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eGuidance for finance professionals in more than 100 countries that have either adopted or adapted to IFRS\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSimple explanations of complex standards\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eA practical reference with the answers to your issues of interest, \u003ci\u003eUnderstanding IFRS Fundamentals: International Financial Reporting Standards\u003c\/i\u003e serves as an essential resource for when you need information in a hurry.\u003c\/p\u003e \u003cp\u003eStay on track and focused with the straightforward guidance in \u003ci\u003eUnderstanding IFRS Fundamentals: International Financial Reporting Standards\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990430040293,"sku":"NP9780470399149","price":70.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470399149.jpg?v=1761787795","url":"https:\/\/k12savings.com\/es\/products\/understanding-ifrs-fundamentals-isbn-9780470399149","provider":"K12savings","version":"1.0","type":"link"}