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Educated perspective to implementing IFRS 10, eleven, and 12
The model new Worldwide Financial Reporting Necessities (IFRS) 10, eleven, and 12 are altering group accounting for lots of corporations. As business turns into increasingly more worldwide, more and more corporations may need to transition using the codes and strategies described in Principles of Group Accounting under IFRS. This book is a wise info and reference to the necessities related to consolidated financial statements, joint preparations, and disclosure of pursuits. Completely illustrated with a step-by-step case analysis, Principles of Group Accounting under IFRS is equally worthwhile as an introductory textual content material and as a reference for addressing specific factors which can come up inside the course of of consolidating group accounts.
The model new worldwide necessities will end in very important modifications in group reporting, and it is essential for accountants, auditors, and business leaders to know their implications. Author Andreas Krimpmann is an internationally acknowledged authority on the transition from GAAP to IFRS, and this new textual content material comes packaged with GAAP/IFRS comparability belongings which will help make the modifications clear. Totally different bonus belongings embrace an Excel-based consolidation device, checklists, and a companion website with the most recent information. Research: Definitions, requirements, processes, and transition strategies for IFRS 10, eleven, and 12 masking group diploma accounting Smart implementation strategies demonstrated by way of a clear case analysis of a midsize group Key concepts related to consolidated financial statements, joint ventures, administration consolidation, and disclosure of pursuits Comparisons between GAAP and IFRS to clarify the required modifications for worldwide corporations
Regardless of stage of the consolidation course of you are in, you will respect the expert perspective in Principles of Group Accounting under IFRS.
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