Applying IFRS for SMEs

Applying IFRS for SMEs PDF

Author: Bruce Mackenzie

Publisher: John Wiley & Sons

Published: 2010-11-11

Total Pages: 529

ISBN-13: 1118003675

DOWNLOAD EBOOK →

An invaluable aid to companies and auditors involved in first-time adoption of the new SMEs standard Applying the IFRS for SMEs provides expert insights and explanations of the International Financial Reporting Standards (IFRS) for small and medium enterprises (SMEs) issued by the International Accounting Standards Board (IASB). This important book includes comprehensive coverage of this recently issued standard aimed at small and medium-sized businesses. Provides essential coverage for application of IFRS-now a necessity in the accounting world Includes Foreword by Paul Pacter, Director of Standards for SMEs, IASB Offers commentary on the theory in the standard, illustrative disclosures, comprehensive illustrative financial statements and comparisons to full IFRS Includes relevant real life worked out examples aimed at SMEs, plus summaries of important points The first book on how to apply the new SMEs standard, Applying the IFRS for SMEs is a must-have book for your small or medium-sized business.

Ifrs for Smes 2nd Edition

Ifrs for Smes 2nd Edition PDF

Author: MR Bruce MacKenzie

Publisher:

Published: 2015-09-24

Total Pages: 452

ISBN-13: 9780620676182

DOWNLOAD EBOOK →

Applying IFRS for SMEs (2nd Edition) provides a detailed look at the application of the revised IFRS for SMEs standard as issued in by the International Accounting Standards Board (IASB) in 2015. The amended standard provides areas of relief from the onerous provisions of full IFRS. Foreword by Darrel Scott, IASB Board Member. The book includes guidance on the interpretation and application of the standard from experienced practitioners who have hands on experience advising on, as well as preparing, financial statements under this framework.

Understaning IFRS for Small SMEs (reprint Version)

Understaning IFRS for Small SMEs (reprint Version) PDF

Author: et al Jade Jansen

Publisher:

Published: 2020-11-19

Total Pages: 530

ISBN-13: 9781485125259

DOWNLOAD EBOOK →

Understanding IFRS for SMEs introduces the fundamental accounting principles required to understand and apply the International Financial Reporting Standards (IFRS) for Small and Medium-sized Entities (SMEs). This book uses an easy-to-understand conceptual approach to explain the requirements for preparing financial statements in accordance with IFRS for SMEs. The explanations are supported with source references that direct readers to the text as written in the standard. In addition, illustrative examples show how the underlying concepts are operationalised in the practice of accounting. Although the text is designed to provide guidance to those wishing to understand IFRS for SMEs, it refers to the full IFRS standards where appropriate, so that those readers who want to compare the requirements in the two IFRS standards may be able to do so.

WILEY Interpretation and Application of International Financial Reporting Standards 2010

WILEY Interpretation and Application of International Financial Reporting Standards 2010 PDF

Author: Barry J. Epstein

Publisher: John Wiley & Sons

Published: 2010-02-05

Total Pages: 1345

ISBN-13: 0470453222

DOWNLOAD EBOOK →

Your one-stop resource for understanding current International Financial Reporting Standards With widespread acceptance and use of the IASB standards around the globe, the need to understand the IASB standards greatly increases. Wiley IFRS 2010 provides the necessary tools for understanding the IASB standards and offers practical guidance and expertise on how to use and implement them. The Wiley IFRS 2010 Book and CD-ROM set covers the most recent International Financial Reporting Standards (IFRS) and IFRIC interpretations. In addition, it is an indispensable guide to IFRS compliance. Detailed coverage of all previously issued IAS and IFRS standards and Standing Interpretations Committee (SIC) and International Financial Reporting Interpretations Committee (IFRIC) Equally valuable for preparers, auditors, and users of financial reports Provides a complete explanation of all IFRS requirements, coupled with copious illustrations of how to apply the rules in complex, real-world fact situations Serves as a reference guide during actual implementation of IFRS and preparation of IFRS-based financial statements To optimize your understanding, both examples created to explain particular IFRS requirements and selections from actual published financial statements are provided throughout the book, illustrating all key concepts.

Interpretation and Application of International Standards on Auditing

Interpretation and Application of International Standards on Auditing PDF

Author: Steven Collings

Publisher: John Wiley & Sons

Published: 2011-06-01

Total Pages: 707

ISBN-13: 1119973783

DOWNLOAD EBOOK →

Written by Steven Collings, winner of Accounting Technician of the Year at the British Accountancy Awards 2011, this book deals with the significant changes auditing has undergone in recent years, due in large part to well-publicised corporate disasters such as Enron and Parmalat, which have shaken the profession. In response, many countries have replaced pre-existing domestic standards with International Standards on Auditing (ISAs) in an attempt to ensure that auditors throughout the world apply the same level of standards during all audit assignments, and that audit quality remains consistent on a global basis. International Standards on Auditing are frequently updated to improve and clarify their application throughout the audit and accounting profession. They can be extremely complex and difficult to apply in real life situations. It is essential to apply the standards with sufficient rigor to enable an efficient audit to take place, to satisfy the regulators and ensure that the client receives and audit which is beneficial, cost effective, and which conforms to the prescribed framework; however, auditors are often criticised for failing to do so. Recognising that auditing is not always an exact science, and that in many cases the auditor is called upon to make a judgement in situations open to differing opinions, this book takes a practical and pragmatic approach to following International Standards on Auditing. Steve Collings looks at the full ISAs in their final form, as reissued following the IAASB 'Clarity Project', and give auditors guidance on how to interpret and apply them in real life situations. Each redrafted or rewritten ISA is dealt with in a separate chapter, containing case studies and illustrative examples. The book also covers the regulatory framework of auditing and gives a summary of the five ethical standards applicable to auditors, as mapped by the IAASB. Detailed appendices provide an overview of IFRS and IAS, illustrative audit tests and illustrative financial statements.

International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs)

International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) PDF

Author:

Publisher:

Published: 2015

Total Pages:

ISBN-13: 9781911040088

DOWNLOAD EBOOK →

"This is the only official printed edition of the IASB's International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) that incorporates and is updated by 2015 Amendments to the IFRS for SMEs (effective for annual reporting periods beginning on or after 1 January 2017 with early application permitted). The IFRS for SMEs has simplifications that reflect the needs of users of SMEs' financial statements and cost-benefit considerations. ... It is intended for entities that do not have public accountability as defined in the IFRS for SMEs."--Back cover.

Wiley IFRS

Wiley IFRS PDF

Author: Abbas A. Mirza

Publisher: John Wiley & Sons

Published: 2010-12-28

Total Pages: 718

ISBN-13: 1118045211

DOWNLOAD EBOOK →

Wiley IFRS: Practical Implementation Guide and Workbook, Second Edition is a quick reference guide on IFRS/IAS that includes easy-to-understand IFRS/IAS standards outlines, practical insights, case studies with solutions, illustrations and multiple-choice questions with solutions. The book greatly facilitates your understanding of the practical implementation issues involved in applying these complex "principles-based" standards. PS-Line

Frequently Asked Questions in IFRS

Frequently Asked Questions in IFRS PDF

Author: Steven Collings

Publisher: John Wiley & Sons

Published: 2013-03-01

Total Pages: 229

ISBN-13: 1119960673

DOWNLOAD EBOOK →

A concise FAQ guide to IFRS principles and practices Co-written by Steven Collings, winner of Accounting Technician of the Year at the British Accountancy Awards 2011, this book is a comprehensive guide to International Financial Reporting Standards (IFRS) which became mandatory in the EU in 2005, and they will almost certainly be adopted by most other developed countries in the near future. Unlike US-GAAP and other sets of standards, the IFRS are principles-based rather than rules-based, putting the onus of interpretation more on users than has previously been the case. Under IFRS users must understand the economic substance of operations, and they must be able to make assumptions, hypotheses, and estimations leading to an accounting treatment consistent with the general objectives of and principles behind IFRS financial reporting. In a handy, easy-to-navigate Q&A format, Frequently Asked Questions on IFRS provides accounting and finance professionals with the answers to some of the most commonly asked questions on the new standards. Covering the often complicated areas of accounting for financial instruments, tangible and intangible assets, provisions, and revenue recognition, the book also contains a valuable overview of the standards and the thinking behind them. Includes a comprehensive section on the new IFRS for small and medium enterprises Contains real-world examples from financial reports; a glossary of commonly used terms; and a 'Test Your Knowledge' section Provides a simple way to get up to speed on these often confusing, principles-based standards

Lanterna Rally - Theme by Grace Themes