
Wiley International Trends in Financial Reporting under IFRS: Including Comparisons with US GAAP, China GAAP, and India Accounting Standards 2nd Edition
Author(s): Abbas A. Mirza (Author), Nandakumar Ankarath (Author)
- Publisher: John Wiley & Sons
- Publication Date: 16 Nov. 2012
- Edition: 2nd
- Language: English
- Print length: 792 pages
- ISBN-10: 9780470178447
- ISBN-13: 0470178442
Book Description
Wiley International Financial Reporting Trends provides copious examples of footnote disclosures and financial statement formats, carefully culled from the world′s leading international companies (“Global 500”) that are already compliant with IFRS and report under IFRS standards promulgated by the International Accounting Standards Board, the IASB. Arranged topically, this book is a quick source of reference to find answers to issues of interest to financial statement preparers. It provides hundreds of illustrations taken from financial statements prepared under IFRS by global conglomerates thereby helping preparers and users of financial statements to expeditiously obtain examples of footnote disclosures and financial statements presented under these Standards which are popularly referred to as “principles–based” standards (as opposed to “rules–based” standards). Additionally, Wiley International Financial Reporting Trends contains comparisons of IFRS to US GAAP, Indian GAAP, and Chinese GAAP, making it a truly global reference resource.
Editorial Reviews
From the Back Cover
A one–stop resource for excerpts and extracts taken from financial statements presented by companies around the world under International Financial Reporting Standards
International Financial Reporting Standards (IFRS) are gaining importance daily. With more than 100 countries having adopted these standards and the finance ministers of G20 nations calling for global convergence of accounting standards, a substantial need has emerged to learn and understand how to apply them in practice.
Filled with real–world examples and case studies, this handy resource:
- Explores the practical application of international accounting standards to financial statements
- Offers copious examples of footnote disclosures and financial statement formats from many of the world′s IFRS–compliant reporting entities, including BAE Systems, Lufthansa Group, Aviva, BP, Samsung Electronics, Addeco, and more
- Includes IFRS compliance checklists
With a topical arrangement that follows the blueprint of all international accounting standards products, Wiley International Trends in Financial Reporting under IFRS deftly bridges the gap in IFRS literature with a rare look at actual IFRS financial statement disclosures from internationally operational companies.
Get the practical insights you need into IFRS application with the easy–to–navigate guidance found in Wiley International Trends in Financial Reporting under IFRS.
About the Author
ABBAS ALI MIRZA, CPA, ACA, AICWA, is a Partner in Deloitte & Touche, Dubai, UAE, and a member of the firm′s regional Assurance and Advisory Committee. Mirza is Chairman of the Auditors Group of the Dubai Chamber of Commerce and Industry and was the chairman of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) at the United Nations.
NANDAKUMAR ANKARATH is a Fellow Member of the Institute of Chartered Accountants of India and a Senior Partner with Moore Stephens, Chartered Accountants, United Arab Emirates. Nandakumar has over twenty–five years of post–qualification experience in auditing, accounting, financial, and management consultancy in various business environments in India, Bahrain, and the United Arab Emirates. He has served as a member of the Committee on Accounting Standards for Local Bodies formed by the governing body of the Institute of Chartered Accountants of India to formulate accounting standards for local, autonomous, and nonprofit organizations in India. He is also the coauthor of Understanding IFRS Fundamentals: International Financial Reporting Standards, published by Wiley.
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