International GAAP ® : Generally Accepted Accounting Practice under International Financial Reporting Standards (IFRS), 2010

International GAAP® 2010 goes much further than explanation. It interprets IFRSs, sets them in a relevant business context and provides insights into how complex practical issues should be resolved in the real world of global financial reporting. This book is an essential tool for anyone applying, auditing, interpreting, regulating, studying and teaching international financial reporting.Written by financial reporting experts from the International Financial Reporting Group of Ernst & Young, this book provides a truly global perspective on the real-world interpretation and practical application of IFRSs.

Complex technical accounting issues are explained clearly in jargon-free terms, and IFRSs are set in a practical working context with numerous worked examples and hundreds of practical illustrations from the published financial reports of major listed companies from around the world.

International GAAP® 2010 has been fully revised and updated in order to:

– Deal with all new and amended authoritative pronouncements, including the recent and significant revisions to IAS 1 (Presentation of Financial Statements), IAS 23 (Borrowing Costs), IAS 27 (Consolidated and Separate Financial Statements) and IFRS 3 (Business Combinations) – Provide insight and guidance in greater detail than ever before on the interpretation and practical application on IFRS from a truly global perspective, based on the experience of the book’s authors in dealing with recent day-to-day practical issues – Explain the many current initiatives that are presently being pursued by the IASB and IFRIC and that will lead to changes in accounting requirements View more