(Wiley Regulatory Reporting) 1st Edition
by Andreas Krimpmann (Author)
A professional perspective to implementing IFRS 10, 11, and 12
The
new International Financial Reporting Standards (IFRS) 10, 11, and 12
are changing group accounting for many businesses. As business becomes
increasingly global, more and more firms will need to transition using
the codes and techniques described in Principles of Group Accounting under IFRS.
This book is a practical guide and reference to the standards related
to consolidated financial statements, joint arrangements, and disclosure
of interests. Fully illustrated with a step-by-step case study, Principles of Group Accounting under IFRS
is equally valuable as an introductory text and as a reference for
addressing specific issues that may arise in the process of
consolidating group accounts.
The new international standards
will bring about significant changes in group reporting, and it is
essential for accountants, auditors, and business leaders to understand
their implications. Author Andreas Krimpmann is an internationally
recognized authority on the transition from GAAP to IFRS, and this new
text comes packaged with GAAP/IFRS comparison resources that will help
make the changes clear. Other bonus resources include an Excel-based
consolidation tool, checklists, and a companion website with the latest
information. Learn about:
- Definitions, requirements, processes, and transition techniques for IFRS 10, 11, and 12 covering group level accounting
- Practical implementation strategies demonstrated through a clear case study of a midsize group
- Key concepts related to consolidated financial statements, joint ventures, management consolidation, and disclosure of interests
- Comparisons between GAAP and IFRS to clarify the required changes for international firms
Whatever stage of the consolidation process you are in, you will appreciate the professional perspective in Principles of Group Accounting under IFRS.
