IFRS and US GAAP
Title | IFRS and US GAAP PDF eBook |
Author | Steven E. Shamrock |
Publisher | John Wiley & Sons |
Pages | 230 |
Release | 2012-03-08 |
Genre | Business & Economics |
ISBN | 1118239067 |
A practical comparison of—and expert guidance on—IFRS and GAAP written by a practicing controller International Financial Reporting Standards (IFRS) are used in over 120 countries. US companies will inevitably encounter IFRS when evaluating the financial health of suppliers and customers. IFRS and US GAAP: A Comprehensive Comparison provides instruction in accounting under IFRS within the context of US accounting standards. Practical and easy-to-use, this book includes a case study of a first time IFRS adoption, emphasizing the much greater degree of professional judgment that is needed for IFRS. Provides a heavy emphasis on practical examples Includes an online companion website with downloadable spreadsheets and templates Reflects current financial reporting trends Addresses accounting requirements of which today's auditors, accountants and preparers of financial reports need to be aware Clarifying IFRS, its impact on US companies, and where to start in understanding it, IFRS and US GAAP prepares US accountants to be knowledgeable with day to day financial accounting issues using IFRS's substantial similarity with US GAAP as a context.
Financial Reporting under IFRS
Title | Financial Reporting under IFRS PDF eBook |
Author | Wolfgang Dick |
Publisher | John Wiley & Sons |
Pages | 358 |
Release | 2010-10-11 |
Genre | Business & Economics |
ISBN | 0470688319 |
The International Financial Reporting Standards are quite different from other sets of accounting standards, and are fundamentally different from US-GAAP, in that they are based on principles, and not on detailed rules. Financial Reporting under IFRS:A topic-based approach offers a global perspective on IFRS by presenting the prescribed rationale and principles and illustrating them through numerous examples from large international companies. It aims to develop the fundamental skills necessary to read and use the information contained in all types of financial statements, through examples, activities, questions and answers. The book is broadly divided into three sections. Section one examines the structure of the Balance Sheet and the Income Statement, their links and the accounting mechanisms used to prepare them. Section two deals with the identification, evaluation and reporting of Balance Sheet items. Section three covers the use of financial statements to analyze a firm’s performance and its risks. Throughout the book special topics are covered, including Derivatives and Hedge accounting (IAS 39), Business Combination (IFRS 3) and Operating Segments (IFRS 8). Financial Reporting under IFRS is ideally suited to the needs of students of accounting and financial reporting, but all users of financial statements, from creditors and investors to suppliers, customers, employees and governments will benefit from its concise, topic-based approach.
IFRS/US GAAP Comparison
Title | IFRS/US GAAP Comparison PDF eBook |
Author | David Cook |
Publisher | Butterworths |
Pages | 0 |
Release | 2005 |
Genre | Business & Economics |
ISBN | 9781405709033 |
Regulatory background to IFRS and us financial reporting - First-time adoption of IFRSs - Detailed comparison between IFRSs - Detailed comparison between IFRSs and US GAAP - Principal differences between IFRSs and US GAAP.
The Handbook to IFRS Transition and to IFRS U.S. GAAP Dual Reporting
Title | The Handbook to IFRS Transition and to IFRS U.S. GAAP Dual Reporting PDF eBook |
Author | Francesco Bellandi |
Publisher | John Wiley & Sons |
Pages | 847 |
Release | 2012-05-03 |
Genre | Business & Economics |
ISBN | 1119960347 |
An indispensable guide to making the transition to dual IFRS/GAAP financial reporting U.S. financial reporting will undergo an unprecedented level of change within the next several years. U.S. companies face a convergence between U.S. GAAP and IFRS, affecting several major accounting standards—most notably in the areas of leasing, revenue recognition, and financial instruments. It is imperative that U.S. companies understand these major changes and their business and operational implications. The IFRS U.S. GAAP Dual Reporting Handbook to First-Time Adoption offers a comprehensive treatment of both the principles and techniques of dual reporting under IFRS/U.S. GAAP, while exploring the practical implications for accounting professionals of reporting under both sets of standards. Takes an operating approach to the implementation and application of the dual standards Draws upon the author's extensive firsthand experience to dispel uncertainty and offer decision makers expert technical assistance Defines systemic changes businesses will need to make to accommodate IFRS standards Compares the two bodies of standards item-by-item and identifies solutions under one set of standards to issues arising under the other Explores the strategic impact of structuring a company for IFRS transition In addition to covering the full range of critical issues surrounding adopting IFRS, this indispensable handbook is a rich resource of dual reporting tools, including financial statement formats, charts of accounts, accounting check-lists, reconciliation schedules, and operating manuals.
US GAAP Vs. IFRS
Title | US GAAP Vs. IFRS PDF eBook |
Author | Ernst & Young |
Publisher | |
Pages | 45 |
Release | 2008 |
Genre | Accounting |
ISBN |
Interim Financial Reporting
Title | Interim Financial Reporting PDF eBook |
Author | International Accounting Standards Committee |
Publisher | |
Pages | 46 |
Release | 1997 |
Genre | Accounting |
ISBN |
The Handbook to IFRS Transition and to IFRS U.S. GAAP Dual Reporting
Title | The Handbook to IFRS Transition and to IFRS U.S. GAAP Dual Reporting PDF eBook |
Author | Francesco Bellandi |
Publisher | John Wiley & Sons |
Pages | 847 |
Release | 2012-05-07 |
Genre | Business & Economics |
ISBN | 0470977124 |
An indispensable guide to making the transition to dual IFRS/GAAP financial reporting U.S. financial reporting will undergo an unprecedented level of change within the next several years. U.S. companies face a convergence between U.S. GAAP and IFRS, affecting several major accounting standards—most notably in the areas of leasing, revenue recognition, and financial instruments. It is imperative that U.S. companies understand these major changes and their business and operational implications. The IFRS U.S. GAAP Dual Reporting Handbook to First-Time Adoption offers a comprehensive treatment of both the principles and techniques of dual reporting under IFRS/U.S. GAAP, while exploring the practical implications for accounting professionals of reporting under both sets of standards. Takes an operating approach to the implementation and application of the dual standards Draws upon the author's extensive firsthand experience to dispel uncertainty and offer decision makers expert technical assistance Defines systemic changes businesses will need to make to accommodate IFRS standards Compares the two bodies of standards item-by-item and identifies solutions under one set of standards to issues arising under the other Explores the strategic impact of structuring a company for IFRS transition In addition to covering the full range of critical issues surrounding adopting IFRS, this indispensable handbook is a rich resource of dual reporting tools, including financial statement formats, charts of accounts, accounting check-lists, reconciliation schedules, and operating manuals.