Download or read book An Executive Guide to IFRS written by Peter Walton and published by John Wiley & Sons. This book was released on 2011-08-02 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A comprehensive and invaluable guide to IFRS which users will find indispensable in correctly applying the complex and onerous requirements of IFRS and IAS." Steve Collings FMAAT FCCA, Leavitt Walmsley Associates and author of Interpretation and Application of International Standards on Auditing International Financial Reporting Standards have been mandatory in the EU since 2005 and are rapidly being adopted by countries throughout the world. In this environment it is increasingly important for managers, executives and CEOs to understand the background of the IFRS and their main requirements. In An Executive Guide to IFRS: Content, Costs and Benefits to Business, Peter Walton provides a concise and accessible guide to the principal features of IFRS, explains why they are useful, looks at their impact on businesses, and provides some of the context to help define their global role. The book is divided into three sections. Part one deals with the convergence process and its costs and benefits, and gives background on the story so far. Part two contains the main technical content of the book and provides an analysis of the main issues under IFRS reporting, including: • The content of financial statements • Investments in other companies • Income Statement and Balance Sheet items • IFRS for SMEs • A comparison with US GAAP Part three covers the creation of the IFRS, provides details of the IASB's standard-setting process, and describes how people outside the IASB can participate in the process and lobby effectively. It also examines the history of the IASB, and includes a chapter based on the author's observation of the standard setters in action. An Executive Guide to IFRS is an invaluable resource for anyone seeking to understand the essentials of International Financial Reporting Standards.
Download or read book Australian Financial Accounting written by Craig Michael Deegan and published by . This book was released on 2009 with total page 1284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia's market-leading financial accounting text provides students with a detailed grasp of reporting requirements in an accessible and engaging manner. Fully updated throughout, AUSTRALIAN FINANCIAL ACCOUNTING further develops and extends its coverage of consolidations and encompasses topical issues such as social and environmental accounting. Renowned for his clear writing style, Craig Deegan successfully communicates the detail necessary to understand, challenge and critically evaluate financial reporting. Complete in theoretical and practical coverage, this text gives students a strong foundation for current study and their future professional lives.
Download or read book Readings in True and Fair written by Robert Henry Parker and published by Taylor & Francis. This book was released on 1996 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1996. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Fairness in Accounting written by Janice Monti-Belkaoui and published by Praeger. This book was released on 1996-02-16 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auditor's reports declare that the financial statements contained in them present fairly the results of operations and cash flows, in conformity with generally accepting accounting principles. Users of accounting information are guaranteed that the auditors have attempted to be fair in their presentation — but what does this actually mean, and are there other ways in which the fairness concept comes into play? Monti-Belkaoui and Riahi-Belkaoui explore these matters in concise, readable detail, not only for their colleagues in the academic community but for professionals in accounting firms as well. Fairness has an important place in the practice of accounting. It is stated in the auditor's report that the financial statements present fairly the results of operations and cash flows for the year ended in conformity with generally accepted accounting principles. The statement presents to the users and the market the guarantee that the accountants (as preparers) and the auditors (as attestors) have strived to be fair. This conventional nature of the concept of fairness is fairness in presentation, connoting an idea of neutrality in the preparation and presentation of financial reports and the idea of justice in outcome. This view of fairness in accounting as fairness in presentation is rather limited calling for expansion of the notion of fairness to deal with distribution, disclosure and resource allocation considerations. Accordingly, the main objective of this book is to explain the conventional notion of fairness in presentation before elaborating on the more interesting notions of fairness in distribution, fairness in disclosure and fairness in resource allocation. Each of these concepts is presented in a separate chapter. Chapter 1: The Fairness in Presentation will cover the conventional treatment of fairness in accounting as well as resulting limitations and consequences. Chapter 2:IFairness in Distribution will cover the contributions of various theories of justice (Rawls, Nozick, and Gerwith in particular) to different interpretations of fairness in accounting. Chapter 3: rness in DisclosureUsers will cover the avenues available for better disclosure to users in general that meet the interest of all the stakeholders. Chapter 4: rness and Entitlementl show how a moral authority espousing different theories of justice can reduce self-interest as it affects intrafirm distribution and disclosure. The book may be used as a guide to the understanding of the concept of fairness as fairness in presentation and to the expansion of the concept to deal with the more crucial issues of distribution, disclosure, and resource allocation. It should be of interest to members of the accounting profession and accounting students and researchers.
Download or read book Corporate Financial Reporting written by Andrew Higson and published by SAGE. This book was released on 2003-02-28 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Internet bubble has collapsed and the largest bankruptcy in US history, Enron, has made the call for greater transparency in financial reporting more important than ever. Andrew Higson draws attention to what is a 'true and fair view' in reporting and critically examines accounting theory and modern practice.
Download or read book A True and Fair View and the Reporting Obligations of Directors and Auditors written by Robert Graham Walker and published by . This book was released on 1984 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A consultative document with proposals for reform of provisions of the Companies act and codes' - Cover.
Download or read book True and Fair View written by J. G. Chastney and published by . This book was released on 1975 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fundamentals of Auditing written by Basu and published by Pearson Education India. This book was released on 2010-09 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Audit and Assurance Essentials written by Katharine Bagshaw and published by John Wiley & Sons. This book was released on 2013-02-28 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible beginner’s guide to the fundamentals of audit and assurance Audit and assurance is a basic and vital aspect of the financial world and a key element of all professional accountancy programs. Whereas professional training on the topic frequently immerses students in too much detail while glossing the basics, this book begins with the fundamentals and expands to cover the details in a more measured way. With practical examples and end-of-chapter examples, External Audit and Assurance Essentials breaks down a difficult and challenging field of professional accounting.
Download or read book Auditing and Assurance Services written by Alvin A. Arens and published by Prentice Hall. This book was released on 2013-01-29 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Includes coverage of international standards and global auditing issues, in addition to coverage of PCAOB Auditing Standards, the risk assessment SASs, the Sarbanes/Oxley Act, and Section 404 audits."
Download or read book Fair Value Measurements written by International Accounting Standards Board and published by . This book was released on 2006 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An International View of True and Fair Accounting written by Robert Henry Parker and published by . This book was released on 1994 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its genesis in the 1947 Companies Act, 'a true and fair view' has produced much debate among professionals. In this book, Parker and Nobes bring together the explanatory and often contentious opinions of key international accountants and lawyers for the first time. By including documents that have shaped international usage of that convention, Parker and Nobes provide a useful analysis of the full meaning and effect of a true and fair view. Considered a 'will-o-the-wisp' subject by most academic writers, the concept of 'a true and fair view' remains pivotal in much current accounting practice. Nobes and Parker grasp the nettle and attempt to clarify what international opinion has concluded about this central accounting issue.
Download or read book Eliminating the Expectations Gap written by Prem Sikka and published by . This book was released on 1992 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Proposal to Replace True and Fair View with Acceptable Risk of Material Misstatement written by Wally Smieliauskas and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article examines argumentation factors which affect the truth of an audit opinion. We propose that the auditor's report be revised to replace the words true and fair view with acceptable risk of material misstatement. This would better align the communication of auditors with the characteristics of accounting information upon which they report. Adoption of the wording acceptable risk of material misstatement will facilitate a better appreciation by users of financial statements of the accounting estimates in financial statements.
Download or read book Principles of Accounting Volume 1 Financial Accounting written by Mitchell Franklin and published by . This book was released on 2019-04-11 with total page 1056 pages. Available in PDF, EPUB and Kindle. Book excerpt: The text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
Download or read book Consolidated Financial Reporting written by Paul Taylor and published by SAGE. This book was released on 1996-05-25 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces and examines what is currently the most central and controversial area in financial reporting. It is designed so that readers with particular interests can easily find their way through clearly marked sections.
Download or read book Corporate Financial Reporting written by Andrew Higson and published by SAGE. This book was released on 2003-02-28 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Internet bubble has collapsed and the largest bankruptcy in US history, Enron, has made the call for greater transparency in financial reporting more important than ever. Andrew Higson draws attention to what is a 'true and fair view' in reporting and critically examines accounting theory and modern practice.
