Wiley 2023 Interpretation and Application of IFRS Standards

The newest edition of an essential accounting resource

The Wiley 2023 Interpretation and Application of IFRS Standards is an authoritative, one-stop resource for accountants who need to interpret and apply the most recent International Financial Reporting Standards with precision and consistency. The book contains numerous practical examples and up-to-date guidance on the expanding framework for unified financial reporting.

The authors have created a volume that offers transparent, accessible, and efficient information relevant to the ever-evolving IFRS standards. Readers will also find:

• Clear and informative explanations of the newest updates found in the 2023 IFRS Standards
• Well-reasoned examples of new standards being applied to difficult cases drawn from real-world situations
• Realistic and practical advice created by, and for, accounting professionals

Perfect for accountants and auditors, the Wiley 2023 Interpretation and Application of IFRS Standards will earn a place on the desks and bookshelves of students of accounting, finance, and related fields.

Auteur

PKF International is a global network of accountancy firms. Their 220 members operate under the PKF brand in 150 countries across five regions.

Texte du rabat

The newest edition of an essential accounting resource The Wiley 2023 Interpretation and Application of IFRS Standards is an authoritative, one-stop resource for accountants who need to interpret and apply the most recent International Financial Reporting Standards with precision and consistency. The book contains numerous practical examples and up-to-date guidance on the expanding framework for unified financial reporting. The authors have created a volume that offers transparent, accessible, and efficient information relevant to the ever-evolving IFRS standards. Readers will also find: Clear and informative explanations of the newest updates found in the 2023 IFRS Standards Well-reasoned examples of new standards being applied to difficult cases drawn from real-world situations * Realistic and practical advice created by, and for, accounting professionals Perfect for accountants and auditors, the Wiley 2023 Interpretation and Application of IFRS Standards will earn a place on the desks and bookshelves of students of accounting, finance, and related fields.

Contenu

About the Authors vii

1 Introduction To International Financial Reporting Standards 1

2 Conceptual Framework 15

3 Presentation of Financial Statements 41

4 Statement of Financial Position 63

5 Statements of Profit or Loss and Other Comprehensive Income, and Changes In Equity 77

6 Statement of Cash Flows 99

7 Accounting Policies, Changes in Accounting Estimates and Errors 117

8 Inventories 139

9 Property, Plant and Equipment 157

10 Borrowing Costs 187

11 Intangible Assets 195

12 Investment Property 225

13 Impairment of Assets and Non- Current Assets Held for Sale 239

14 Consolidations, Joint Arrangements, Associates and Separate Financial Statements 261

15 Business Combinations 313

16 Shareholders' Equity 365

17 Share- Based Payment 389

18 Current Liabilities, Provisions, Contingencies and Events After the Reporting Period 423

19 Employee Benefits 457

20 Revenue from Contracts with Customers 483

21 Government Grants 523

22 Leases 537

23 Foreign Currency 567

24 Financial Instruments 599

25 Fair Value 729

26 Income Taxes 759

27 Earnings Per Share 797

28 Operating Segments 815

29 Related Party Disclosures 833

30 Accounting and Reporting by Retirement Benefit Plans 847

31 Agriculture 855

32 Extractive Industries 869

33 Accounting for Insurance Contracts 879

34 Interim Financial Reporting 909

35 Hyperinflation 929

36 First- Time Adoption of International Financial Reporting Standards 939

Index 963