IFRS Guide:  CCH's International Accounting Financial Reporting Standards Guide (2012)

Understanding reporting standards issued by the IASB is essential for those who prepare and/or interpret financial statements and are required to comply with the increasingly complex set of international accounting and financial reporting standards.

The International Accounting/Financial Reporting Standards Guide is your survival handbook in today's global economy. It keeps you up-to-date on the latest general and industry-specific international reporting standards and the proposed changes on your immediate horizon that will most likely alter the way in which you must account for and disclose information.

The International Accounting/Financial Reporting Standards Guide organizes accounting pronouncements into two parts: general standards and industry-specific standards. The Practice Pointers featured throughout this edition point out, in plain English, how to apply the standards just discussed.

Material in the International Accounting/Financial Reporting Standards Guide can be easily located several ways: the Cross-Reference shows the chapter in which a particular pronouncement is discussed; the Table of Contents directs you to a specific topic area; and the Index provides a quick page reference.

Topics and Contents

Part I: Overview (a recap of the International Accounting Standards Board and the formation of IFRAC)

Part II: General Standards

Accounting Policies, Changes in Accounting Estimates, and Errors

Borrowing Costs

Business Combinations

Cash Flow Statement

Changing Prices and Hyperinflationary Economies

Consolidated Financial Statements

Construction Contracts

Earnings Per Share

Employee Benefits

The Equity Method

Events After the Balance Sheet Date

Financial Instruments

Foreign Currency Translation

Government Grants and Government Assistance

Impairment of Assets

Income Taxes

Intangible Assets

Interim Financial Reporting

Inventories

Investment Property

Leases

Non-Current Assets Held for Sale and Discontinued Operations

Property, Plant, and Equipment

Provisions, Contingent Liabilities, and Contingent Assets

Related-Party Disclosures

Revenue

Segment Reporting

Share-Based Payment

Part III: Industry-Specific Standards

Agriculture

Insurance Contracts

Mineral Resources: Exploration and Evaluation