A practical comparison of—and expert guidance on—IFRS and GAAP written by a practicing controllerInternational Financial Reporting Standards (IFRS) are used in over 120 countries. US companies will inevitably encounter IFRS when evaluating the financial health of suppliers and customers. IFRS and US GAAP: A Comprehensive Comparison provides instruction in accounting under IFRS within the context of US accounting standards. Practical and easy-to-use, this b...

Editors: Leslie Brown, Chiara Carini, Jessica Gordon-Nembhard, Lou Hammond Ketilson, Elizabeth Hicks, John McNamara, Sonja Novkovic, Daphne Rixon and Richard Simmons.The Measuring the Co-operative Difference Research Network and the Centre of Excellence in Accounting and Reporting for Co-operatives joined forces to organize an international conference, focused on how and why co-operatives assess their performance and their impacts on society.Academics and practitioners gath...

Discover how you learn best by taking our free CPA study personality quiz -> www.freeCPAquiz.com (just copy and paste into your browser)Passing the CPA Exam is all about having a personalized Study Playbook.A Study Playbook is going to be the backbone to your daily study routine that will help keep you focused, motivated and successful.Before I passed the CPA exam, I had no plan, no playbook and no clue where to begin...The end result was th...

Get up to date on the latest UK GAAP, with practical application guidanceInterpretation and Application of UK GAAP is a comprehensive, practical guide to applying UK GAAP at all levels, for accounting periods commencing on or after January 1, 2015. This book examines all of the core principles for every business, from subsidiaries of major listed companies right down to the very small, owner-managed business. Each chapter includes a list of relevant disclo...

Bank Regulation: Effects on Strategy, Financial Accounting and Management Control discusses and problematizes how regulation is affecting bank strategies as well as their financial accounting and management control systems. Following a period of bank de-regulation, the new millennium brought a drastic change, with many new regulations. Some of these are the result of the financial crisis of 2008-2009. Other regulations, such as the introduction in 2005 of International Financial R...

This book explores accounting for biological assets under IAS 41 – Agriculture, and explains the recent adjustments introduced by the IASB which allow firms to choose between cost or revaluation models concerning mature bearer plants.Identifying the firm and country-level drivers that inform the disclosure and measurement practices of biological assets, this concise guide examines the value relevance of measuring those assets at fair value. It also analyses how firm and country-lev...

International Financial Reporting Standards are increasingly adopted worldwide, and it is critical to understand their place within the global business environment as well as the most up-to-date methods of applying them. In IFRS and XBRL Kurt Ramin and Cornelis Reiman, world authorities on IFRS, have condensed the overwhelming flood of available material to present a comprehensive guide to the key components of IFRS, helping to explain why they are a priority for private ...

This manual is not meant to be considered as a complete presentation of the Romanian accounting standards or a comprehensive identification of all the differences and specific features that might arise during any kind of field work, but as an analysis and explanation of the main characteristics that can be met and which commonly appear in the first approaches with the Romanian country system. This manual is intended as a guide for all those professionals already working in accounting/finan...

Financial reporting is a strategic means of communication: management has an opportunity to interpret, and the power to deliver, what is materially important to the organization’s stakeholders. Understanding materiality means steering the company in the right direction, and many internal management battles regarding what and how to disclose in external financial reporting run on the verge of materiality.This book offers an integrated perspective of materiality from the angles of ac...

A practical manual for preparing UK GAAP-compliant disclosuresUK GAAP Financial Statement Disclosures Manual is the practical handbook accounting professionals need to prepare audit-proof financial statements. The recent establishment of the new UK GAAP has brought significant changes to financial reporting, and this guide collects all of the latest guidelines into one place. Clear, concise and heavily geared toward practical application, this book is desi...

Accounting for Financial Instruments is about the accounting and regulatory framework associated with the acquisition and disposal of financial instruments; how to determine their value; how to manage the risk connected with them; and ultimately compile a business valuation report.Specifically, the book covers the following topics, amongst others: Accounting for Investments; Bills of exchange; Management of Financial Risks; Financial Analysis (including the Financial Analy...

As the centre of world economic development has shifted towards Asia over the last two decades, many Asian countries have witnessed rapid growth in economic and business operations. In light of these recent changes, accounting has played a significant role in assisting economic transition and advancement in Asian countries. However, although the general trend over recent decades towards convergence in financial reporting standards and practices has dramatically improved the comparability o...