International Financial Reporting: A Practical Guide, 8th Edition by Alan Melville 9781292439433 1292439432

International Financial Reporting: A Practical Guide, 8th Edition Alan Melville – Ebook Instant Download/Delivery ISBN(s): 9781292439433, 1292439432

Product details:

• ISBN 10:1292439432
• ISBN 13:978129243943
• Author:  Alan Melville

International Financial Reporting

Table contents:

Part 1 Introduction to Financial Reporting
1 The regulatory framework
The need for regulation
Sources of regulation
Generally accepted accounting practice
The International Accounting Standard Board
The IASB® standard-setting process
The purpose of accounting standards
Worldwide use of international standards
First-time adoption of international standards
The International Sustainability Standards Board
2 The IASB conceptual framework
Purpose and status of the IASB Conceptual Framework
Objective of general purpose financial reporting
Qualitative characteristics of financial information
Financial statements and the reporting entity
Elements of financial statements
Recognition of the elements of financial statements
Measurement of the elements of financial statements
Presentation and disclosure
Concepts of capital and capital maintenance
Discounting and present value
3 Presentation of financial statements
Purpose of financial statements
Components of financial statements
General features
Structure and content of financial statements
The statement of financial position
The statement of comprehensive income
The statement of changes in equity
The notes to the financial statements
Interim financial reporting
Management commentary
Making materiality judgements
Exposure Draft ED/2019/7
4 Accounting policies, estimates and errors
Accounting policies
Accounting estimates
Prior period errors
Part 2 Financial Reporting in Practice
5 Property, plant and equipment
Definition of property, plant and equipment
Recognition of property, plant and equipment
Initial measurement of property, plant and equipment
Subsequent measurement of property, plant and equipment
Depreciation
Disclosure requirements
Borrowing costs
Government grants
Investment property
IFRS13 Fair Value Measurement
6 Intangible assets
Definition of an intangible asset
Initial recognition and measurement of intangible assets
Subsequent measurement of intangible assets
Amortisation of intangible assets
Derecognition
Disclosure requirements
Goodwill
IFRS3 Business Combinations
7 Impairment of assets
Indications of impairment
Recoverable amount
Recognition and measurement of an impairment loss
Cash-generating units
Reversal of impairment losses
Disclosure requirements
8 Non-current assets held for sale and discontinued operations
Classification of non-current assets as held for sale
Measurement of non-current assets held for sale
Presentation of non-current assets held for sale
Discontinued operations
9 Leases
Definition of a lease
Lease accounting by lessees
Lease accounting by lessors
Sale and leaseback transactions
10 Inventories
Inventories
Cost of inventories
Cost formulas
Net realisable value
Disclosures relating to inventories
11 Financial instruments
Definitions
Classification of financial instruments
Recognition and measurement
Initial measurement of financial assets and liabilities
Subsequent measurement of financial assets
The effective interest method
Subsequent measurement of financial liabilities
Disclosure requirements
12 Provisions and events after the reporting period
Recognition of a provision
Measurement of a provision
Application of the recognition and measurement rules
Contingent liabilities and contingent assets
Disclosure requirements
Events after the reporting period
13 Revenue from contracts with customers
Purpose and scope of IFRS15
The five-step model
Identifying the contract
Identifying performance obligations
Determining the transaction price
Allocating the transaction price
Satisfaction of performance obligations
Contract costs
Presentation and disclosure
Guidance to the application of IFRS15
14 Employee benefits
Short-term employee benefits
Post-employment benefits
Accounting for defined contribution plans
Accounting for defined benefit plans
Other long-term employee benefits
Termination benefits
Share-based payments
15 Taxation in financial statements
Current tax
Deferred tax
The tax base concept
IAS12 requirements with regard to deferred tax
Disclosure requirements
16 Statement of cash flows
Cash and cash equivalents
Classification of cash flows by activity
Interest, dividends and taxes
Reporting cash flows from operating activities
Disclosures
Exposure Draft ED/2019/7
17 Financial reporting in hyperinflationary economies
Historical cost accounting and its weaknesses
Strengths of historical cost accounting
Alternatives to historical cost accounting
Hyperinflationary economies
The restatement of financial statements
Disclosures required by IAS29
Part 3 Consolidated Financial Statements
18 Groups of companies (1)
Requirement to prepare consolidated financial statements
Group statement of financial position at date of acquisition
Group statement of financial position in subsequent years
Partly-owned subsidiaries
Preference shares
Elimination of intra-group balances
Unrealised profits
Reporting period and accounting policies
Disclosure requirements
19 Groups of companies (2)
Group statement of comprehensive income
Group statement of changes in equity
Subsidiary acquired part way through an accounting period
20 Associates and joint arrangements
Associates and significant influence
The equity method
Application of the equity method
Joint arrangements
Disclosure requirements
21 Related parties and changes in foreign exchange rates
Related parties
Definition of related party and related party transaction
Disclosures required by IAS24
Foreign exchange accounting
Reporting foreign currency transactions
Translation to a presentation currency
Part 4 Analysis of Financial Statements
22 Ratio analysis
Accounting ratios
Profitability ratios
Liquidity ratios
Efficiency ratios
Investment ratios
Limitations of ratio analysis
Multivariate ratio analysis
23 Earnings per share
Significance of EPS
Calculation of basic EPS
Shares issued during the accounting period
Bonus issues
Rights issues
Calculation of diluted EPS
Presentation and disclosure requirements
24 Segmental analysis
Operating segments
Reportable segments
Disclosures required by IFRS8
Part 5 Small and Medium-sized Entities
25 The IFRS for SMEs® Standard
Small and medium-sized entities
Concepts and pervasive principles
Financial statement presentation
Statement of financial position
Statement of comprehensive income and income statement
Statement of changes in equity and Statement of income and retained earnings
Statement of cash flows

People also search:

international financial reporting

international financial reporting standards

diploma in international financial reporting

certificate in international financial reporting

international financial reporting standards are currently established by the