Understanding IFRS Fundamentals

Buy the original books to support the authors!	Book Title	:	Understanding IFRS Fundamentals
	Edition	:	N/A
	Author(s)	:	A. Nandakumar, Kalpesh J. Mehta, Dr. T.P. Ghosh, Dr. Yass A. Alkafaji
	Page	:	429 Pages
	Year Published	:	2010
	Publisher	:	John Wiley & Sons, Inc
	ISBN	:	978-0-470-39914-9
	File Size	:	2.18 MB

Book Description:
      International Financial Reporting Standards (IFRS) are presently being followed in more than 100 countries and it is expected that by 2011, more than 150 countries will have adopted them. The recent decision of the U.S. SEC to allow foreign private issuers to list their securities on U.S. stock exchanges using IFRS and without reconciling to U.S. GAAP has also made it incumbent upon accountants, finance professionals, analysts, and bankers, even in the United States, to become proficient in IFRS
      This large-scale global adoption of IFRS has created an urgent need for an easy-tounderstand IFRS book.
      Most books covering the accounting standards contain explanations and interpretations of complex technical issues from standards. What they do not contain is simple explanations of the most important parts of these complex standards through easy-to-follow examples and case studies. This book contains basic explanations of IFRS to demonstrate their practical application and provides

• A quick source of reference to find answers to issues of interest to financial statement preparers, users and analysts;
• An easy way to understand IFRS through simple explanations of the most important parts of IFRS standards;
• Easy-to-follow illustrations explaining IFRS standards, keeping in mind the layman; and
• Excerpts from published financial statements to illustrate practical implications of applying IFRS.

Table of Contents:
Chapter 1	Introduction to International Financial Reporting Standards.
Chapter 2	IASB Framework.
Chapter 3	Presentation of Financial Statements (IAS 1).
Chapter 4	Inventories (IAS 2).
Chapter 5	Statement of Cash Flows (IAS 7).
Chapter 6	Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8).
Chapter 7	IEvents After the Reporting Period (IAS 10).
Chapter 8	Construction Contracts (IAS 11).
Chapter 9	Income Taxes (IAS 12).
Chapter 10	Property, Plant, and Equipment (IAS 16).
Chapter 11	Leases (IAS 17).
Chapter 12	Revenue (IAS 18).
Chapter 13	Employee Benefits (IAS 19).
Chapter 14	Accounting for Government Grants and Disclosure of Government Assistance (IAS 20).
Chapter 15	The Effects of Changes in Foreign Exchange Rates (IAS 21).
Chapter 16	Borrowing Costs (IAS 23).
Chapter 17	Related-Party Disclosures (IAS 24).
Chapter 18	Accounting and Reporting by Retirement Benefit Plans (IAS 26).
Chapter 19	Consolidated and Separate Financial Statements (IAS 27).
Chapter 20	Investments in Associates (IAS 28).
Chapter 21	Financial Reporting in Hyperinflationary Economies (IAS 29).
Chapter 22	Interests in Joint Ventures (IAS 31).
Chapter 23	Financial Instruments: Presentation (IAS 32).
Chapter 24	Earnings Per Share (IAS 33).
Chapter 25	Interim Financial Reporting (IAS 34).
Chapter 26	Impairment of Assets (IAS 36).
Chapter 27	Provisions, Contingent Liabilities, and Contingent Assets (IAS 37).
Chapter 28	Intangible Assets (IAS 38).
Chapter 29	Financial Instruments: Recognition and Measurement (IAS 39).
Chapter 30	Investment Property (IAS 40).