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International GAAP 2013: Generally Accepted Accounting Principles under International Financial Reporting Standards

International GAAP 2013: Generally Accepted Accounting Principles under International Financial Reporting Standards

Ernst & Young LLP

ISBN: 978-1-118-58980-9

Jun 2013

4304 pages

Select type: E-Book

$88.99

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Description

International GAAP® 2013 goes much further than explanation. It provides a comprehensive guide to interpreting and implementing IFRS, sets IFRS 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 or teaching international financial reporting.

Written by financial reporting professionals from the International Financial Reporting Group of Ernst & Young, this three-volume guide to reporting under IFRS provides a global perspective on the real-world interpretation and practical 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 2013 edition of International GAAP® has been fully revised and updated in order to:

  • Address all new, revised and amended authoritative pronouncements and interpretations including, for many entities, the mandatory adoption in 2013 of IFRS 10 (Consolidated Financial Statements), IFRS 11 (Joint Arrangements), IFRS 12 (Disclosure of Interests in Other Entities), IFRS 13 (Fair Value Measurement) and IAS 19 Revised (Employee Benefits).
  • Explain the many initiatives and discussions that are currently being pursued by the IASB and by the IFRS Interpretations Committee and the potential consequential changes to accounting requirements. In particular, projects on Financial Instruments, Revenue Recognition, Leases and Insurance Contracts may all significantly change current accounting practice.
  • Provide insight and guidance from a truly global perspective on the many issues relating to the interpretation and practical application of IFRS, based on the extensive experience of the book’s authors in dealing with recent day-to-day practical issues. 

www.igaap.info

Volume 1

1 International GAAP 1

2 The IASB’s Conceptual Framework 37

3 Presentation of financial statements and accounting policies 73

4 Non-current assets held for sale and discontinued operations 143

5 First-time adoption 173

6 Consolidated financial statements (IAS 27) 317

7 Consolidated  financial statements (IFRS 10) 355

8 Consolidation procedures and  non-controlling interests 467

9 Separate and individual financial statements 519

10 Business combinations 571

11 Common control business combinations 689

12 Investments in associates and joint ventures 725

13 Joint ventures (IAS 31) 843

14 Joint arrangements (IFRS 11) 901

15 Disclosure of interests in other entities 977

16 Fair value measurement 1031

17 Foreign exchange 1185

18 Hyperinflation 1253

19 Intangible assets 1287

20 Property, plant and equipment 1369

21 Investment property 1421

Index of extracts from financial statements index 1

Index of standards index 7

Index index 83

Volume 2

22 Impairment of fixed assets and goodwill 1477

23 Capitalisation of borrowing costs 1581

24 Inventories 1603

25 Construction contracts 1623

26 Leases 1647

27 Government grants 1735

28 Service concession arrangements 1751

29 Provisions,  contingent liabilities  and contingent assets 1803

30 Revenue recognition 1885

31 Income taxes 1977

32 Share-based payment 2109

33 Employee benefits 2353

34 Operating segments 2419

35 Earnings per share 2459

36 Events after the reporting period 2519

37 Related party disclosures 2537

38 Statement of cash flows 2571

39 Interim financial reporting 2615

40 Agriculture 2693

41 Extractive industries 2731

Index of extracts from financial statements index 1

Index of standards index 7

Index index 83

Volume 3

42 Financial instruments: Introduction 2933

43 Financial instruments: Definitions and scope 2951

44 Financial instruments: Derivatives and embedded derivatives 2987

45 Financial instruments: Financial liabilities and equity 3031

46 Financial instruments: Classification (IAS 39) 3137

47 Financial instruments: Classification (IFRS 9) 3161

48 Financial instruments: Recognition and  initial measurement 3203

49 Financial instruments: Subsequent measurement 3227

50 Financial instruments: Derecognition 3311

51 Financial instruments: Hedge accounting 3393

52 Financial instruments: Presentation and disclosure 3515

53 Insurance contracts 3623

Index of extracts from financial statements index 1

Index of standards index 7

Index index 83