A professional perspective to implementing IFRS 10, 11, and 12The 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 state...

In the next twenty years the world economy will enjoy one of its strongest periods of growth. Greater innovation and technical change will increase opportunities. Life expectancy, income and educational standards will rise. The West's share in the global economic cake may get smaller, but there will be more cake than ever before.These are the predictions of Gerard Lyons, a leading international economist who spent nearly thirty years working in the City. He is now the chief economi...

A quick and easy guide to help you learn the basics of accounting.The ability to negotiate a deal. Confidence to oversee staff. Complete and accurate monitoring of expenses.In today’s business climate, these are must-have skills. But all too often, comprehensive business books turn the important details of best practices into tedious reading that would put even a CEO to sleep.This bestselling series is packed with hundreds of entertaining tidbits an...

How can I avoid self-employment taxes? This simple question was the inspiration for creating an article describing the benefits of an S Corporation. That original article, which was about four pages long, quickly became a series of KnowledgeBase articles on the Watson CPA Group website. The articles touched on basic topics such as how to elect S Corp status, payroll, reasonable salary determination, retirement planning, health care, fringe benefits and liability protection. Those broad top...

A seasoned accountant offers a simple approach to the basics of accounting and shows readers how to make accounting work for them.Does accounting seem to be all Greek to you? Many small business owners have the passion and expertise necessary to run their businesses but keeping journals and tallying accounts can be mystifying. Fear not! In Accounting Is Not a Foreign Language, Jeanine Pfeiffer guides readers through the fundamentals and complexities of acco...

The book is about how people perceive business to be with full of ideas but without the courage, objectives and determination to start. People tend to have the fear of unknown hence the shadow of business drives the readers to make a decision and to take action. The ability of individuals to think in businesslike in order to change mindset and altitude is necessary.However, once a choice is made people should be able to plan, budget, manage finances, market their products and many more. Th...

Under IFRS, U.S. GAAP, and the SEC rules and regulations, business enterprises must recognise measure and disclose information regarding equity items on the face of the statement of financial position, other specific statements, or in the notes to the financial statements. However, under both IFRS and U.S. GAAP there is no all-inclusive general standard on stockholders’ equity.This book clarifies the process of reporting stockholders’ equity in a manner which can be reconciled unde...

The book introduces pragmatic constructivism as a paradigm for understanding actors’ construction of functioning practice and for developing methods and concepts for managing and observing that practice. The book explores, understands and theorises organisational practices as constructed through the activities of all organisational actors. Actors always act under presumptions of a specific actor-world-relation which they continuously construct, adjust and reconstruct in light of n...

This compilation concerns account books, not books on accounting. Most of the essays analyse the account book(s) of a single person or business. In each case the account book(s) demonstrate the presence of, at least, elements of double entry. The essays come in pairs, beginning with Geoffrey Lee’s paper on Florentine bank ledger fragments of 1211, some of the earliest relics of Italian bookkeeping. Subsequent papers trace the development of double entry over the centuries until 1786 when f...

Dr Mohammad Nurunnabi examines the factors that affect the implementation of International Financial Reporting Standards (IFRS) in developing countries and answers these specific research questions: - What is the relative impact of accounting regulatory frameworks and politico-institutional factors on the implementation of IFRS in developing countries? - How do cultural factors affect said implementation? - How does a study of implementing IFRS help to build an understanding of a theory of...