international financial reporting standards 2 pdf

... Statement of Financial Accounting Standards (SFAS) The pronouncements detailing the financial accounting and reporting requirements of the cial Accounting Standards Board (FASB) These accounting standards ... simplified financial statements Simplified versions of the full financial state-ments intended for readers who do not possess sophisticated financialknowledge The financial statements may use easier financial ... objectives of financial statements Qualitative characteristics of financial information The elements of financial statements The recognition of items in financial statements Measurement in financial

Ngày tải lên: 14/08/2014, 05:20

... Consistency—Alternative Methods SIC 19 Reporting Currency—Measurement and Presentation of Financial Statements under IAS 21 and IAS 29SIC 20 Equity Accounting Method—Recognition of Losses SIC 21 Income Taxes—Recovery ... 22 Business Combinations—Subsequent Adjustment of Fair Values and Goodwill Initially ReportedSIC 23 Property, Plant and Equipment—Major Inspection or Overhaul CostsSIC 24 Earnings per Share—Financial ... SharesSIC 25 Income Taxes—Changes in the Tax Status of an Enterprise or its ShareholdersSIC 26 Not Issued SIC 27 Evaluating the Substance of Transactions in the Legal Form of a LeaseSIC 28 Business

Ngày tải lên: 14/08/2014, 05:20

... currency for either the reportingentity or the significant foreign operation EXAMPLES OF RELATED NATIONAL STANDARDS United Kingdom: SSAP 20 United States: SFAS 52 Trang 14IAS 23 Borrowing CostsISSUED ... transactions in Trang 12foreign currencies and/or has foreign financial operations The transactions inforeign currencies must be expressed in the entity’s reporting currency, andthe financial statements ... SSAP 4 IAS 21 The Effects of Changes in Foreign Exchange RatesISSUED OR LAST REVISED December 2003 EFFECTIVE DATE Financial statements covering periods beginning on or after January 1, 2005 PROBLEM

Ngày tải lên: 14/08/2014, 05:20

... NATIONAL STANDARDS Canada: CICA Handbook 3062, 3450United Kingdom: FRS 10 United States: SFAS 142 IAS 39 Financial Instruments: Recognition and MeasurementISSUED OR LAST REVISED December 2003 EFFECTIVE ... categories of financial instruments:lia-A financial asset (or liability) at fair value through profit and lossHeld-to-maturity investments Loans and receivablesAvailable-for-sale financial assetsFinancial ... probable Trang 10EXAMPLES OF RELATED NATIONAL STANDARDSMarch 2004 EFFECTIVE DATE Applied to intangible assets acquired in business combinations after March 31, 2004 and to all other intangible assets

Ngày tải lên: 14/08/2014, 05:20

... organizations.International Accounting Standards (IASs) were issued by the predecessorbody of the International Accounting Standards Board (IASB) The IASBnow uses the term International Financial Reporting Standards (IFRSs) ... CICAHandbook re-Accounting Standards Board (ASB) The national standard-setting body in the United Kingdom that issues Financial Reporting Exposure Drafts(FREDs), Financial Reporting Standards (FRSs), ... Trang 2How to Use the Dictionary181 The Dictionary includes international accounting and reporting, financial counting, managerial accounting, and finance terms that are widely used inthe international

Ngày tải lên: 14/08/2014, 05:20

... automatically fed into the financial statements 220 • Chinese Institute of Certified Public Accountants (CICPA) Trang 3combined financial statement The aggregation of the financial statements ofa ... consoli-consolidated financial statements The financial statements of a group of or-ganizations obtained by consolidation and presented as those of a single entity Refer to IAS 27.4 and IAS 28.2. consolidated ... and the avoidance offuture differences to achieve international accounting harmonization dif-convergence of accounting standards • 229 Trang 12conversion cost Direct labor and overheads costs

Ngày tải lên: 14/08/2014, 05:20

... inventre-ory turnover) 262 • financial gearing Trang 6Financial Reporting Council (FRC) A body initially set up in 1990 in theUnited Kingdom to promote good financial reporting The FRC’s originalmandate ... (FRS) Financial Reporting Release (FRR) Policy pronouncements made by the Se-curities and Exchange Commission (SEC) in the United States Financial Reporting Review Panel (FRRP) The Financial Reporting ... confidence in financial reportingand governance, and the underpinning regulatory processes The FRC isthe parent to five subsidiary boards: the Accounting Standards Board(ASB), the Financial Reporting

Ngày tải lên: 14/08/2014, 05:20

... practices Norwalk Agreement An agreement entered into in 2002 by the Financial Accounting Standards Board (FASB) and the International AccountingStandards Board (IASB), marking a significant step in ... credit balance offsetting The practice of setting a financial asset and a financial liability and reporting only the net amount Under IAS 32, this is only permittedwhen an organization has a ... item in a saleable condition and the costs of making the sale Refer to IAS 26, IAS 27. net revenue Total revenue for the financial period less returns and al-lowances net worth The value of an

Ngày tải lên: 14/08/2014, 05:20

... (IAS 26) .152 20 Consolidated and Separate Financial Statements ( IAS 27) .159 21 Investments in Associates (IAS 28) .166 22 Financial Reporting in Hyperinflationary Economies (IAS 29) .172 Disclosures ... the Financial Statements of Banks and Similar Financial 23 Institutions (IAS 30) 177 24 Interests in Joint Ventures (IAS 31) .182 25 Financial Instruments: Presentation (IAS 32) .187 26 Financial ... so International Financial Reporting Standards (IFRS) Standards and interpretations adopted by the International Accounting Standards Board (IASB) They include(a) International Financial Reporting

Ngày tải lên: 11/09/2014, 16:58

... 20 2.3.3.3 Globalisation and supranational governance 22 2.4 Financialisation: a new stage of capitalism? 23 2.5 Globalisation and its impact on the EU financial reporting developments 24 2.5.2 ... & Perry, 2007; Arnold, 2009b; Zhang & Andrew, 2012; Arnold, 2012) Epstein (2005, p 3 cited in Fine, 2007) defines financialisation as ‘the increasing role of financial motives, financial ... accounting standards 124 7.2.2 Perspectives on the use of financial reporting information: dominance of tax regulations 127 7.2.3 Perspectives from the users of financial statements 131 7.2.4 Perspectives

Ngày tải lên: 10/12/2016, 15:37

... International Financial Reporting Standards (IFRSs) are Standards and Interpretations adopted by the International Accounting Standards Board(IASB) They comprise: a) International Financial Reporting ... Trang 1INTERNATIONAL FINANCIALREPORTING STANDARDS INCLUDING IAS AND INTERPRETATION THE COMPLETE GUIDE TO INTERNATIONAL FINANCIAL REPORTING STANDARDS INCLUDING IAS AND INTERPRETATION ... IAS 8 292.3 Non-current assets held for sale and discontinued operations – IFRS 5 342.4 First time adoption of international accounting standards – IFRS 1 392.5 Cash flow statements – IAS 7 42 Trang

Ngày tải lên: 06/03/2017, 16:05

... International Financial Reporting Standards (IFRSs) are Standards and Interpretations adopted by the International Accounting Standards Board(IASB) They comprise: a) International Financial Reporting ... Trang 1INTERNATIONAL FINANCIALREPORTING STANDARDS INCLUDING IAS AND INTERPRETATION THE COMPLETE GUIDE TO INTERNATIONAL FINANCIAL REPORTING STANDARDS INCLUDING IAS AND INTERPRETATION ... IAS 8 292.3 Non-current assets held for sale and discontinued operations – IFRS 5 342.4 First time adoption of international accounting standards – IFRS 1 392.5 Cash flow statements – IAS 7 42 Trang

Ngày tải lên: 03/04/2017, 10:26

... of International Financial Reporting Standards (IFRS) The International Financial Reporting Standards issued by the IASB consists of three main parts: - Theoretical framework for Financial Reporting ... presentation of financial reporting Practically, International Financial Reporting Standards are in the innovating process to head towards becoming a high-quality set of International Accounting Standards ... of integration The system of International Accounting Standards, including the International Accounting Standards (IAS) and the standards of international financial reporting (IFRS) was issued,

Ngày tải lên: 16/01/2020, 18:11

... Trang 1International Financial Reporting Standard 1First-time Adoption of International Financial Reporting Standards This version was issued in November 2008 Its effective date is 1 July 2009. ... NOVEMBER 2008 BASIS FOR CONCLUSIONS IMPLEMENTATION GUIDANCE TABLE OF CONCORDANCE Trang 4International Financial Reporting Standard 1 First-time Adoption of International Financial Reporting Standards ... Glossary for International FinancialReporting Standards IFRS 1 should be read in the context of its objective and the Basis for Conclusions, the Preface to International Financial Reporting Standards

Ngày tải lên: 06/02/2020, 05:23

... companies toadopt International Financial Reporting Standards: Portuguese evidence”, Khlif andSouissi (2008) với bài ” The determinants of corporate disclosure: a eta-analysis”,Rouf (2011) với đề ... Trang 32niên như Wallace và các cộng sự (1994), El-Gazzar và các cộng sự (1999), Tagesson và các cộng sự (2003), Alsaeed (2006), Guerreiro (2008), Khlif and Souissi (2008), Rouf (2011) ... công ty Trang 12Title: Main Factors affecting IFRS readiness preparation in public companies in Vietnam.Vietnam is conducting a roadmap to adopt the international financial reporting standards (IFRS)

Ngày tải lên: 06/09/2020, 15:50

... Innovation) 19 2.8 C ác nhân tố ảnh hưởng đến sẵn sàng áp dụng IFRS: 19 K ẾT LUẬN CHƯƠNG 2 23 CHƯƠNG 3: PHƯƠNG PHÁP NGHIÊN CỨU 24 3.1 Quy tr ình và phương pháp nghiên cứu 24 3.2 Phương ... Arabia”, và Guerreiro (2008) với nghiên cứu ” The preparedness of companies to adopt International Financial Reporting Standards: Portuguese evidence”, Khlif and Souissi (2008) với bài ” The ... Trang 32niên như Wallace và các cộng sự (1994), El-Gazzar và các cộng sự (1999), Tagesson và các cộng sự (2003), Alsaeed (2006), Guerreiro (2008), Khlif and Souissi (2008), Rouf (2011)

Ngày tải lên: 10/09/2020, 23:44

... as 20 07 and by 20 10 at the latest. 32 • Overview: Standard Setting Nationally and Globally ccc_hussey_ch4 _23 - 32. qxd 2/ 16/05 12: 28 PM Page 32 Introduction to the Guide 59 In April 20 01, the International ... of Directors. IASB, 20 04. ———. International Financial Reporting Standards (IFRSs). IASB, 20 04. International Federation of Accountants. IES 1-6: International Education Standards for Professional ... and fair view.” It was assumed that in order to Internationalization and the G4+1 Countries • 27 ccc_hussey_ch4 _23 - 32. qxd 2/ 16/05 12: 28 PM Page 27 based approach might state that you should apply...

Ngày tải lên: 14/08/2014, 05:20

... SFAS 129 21 5 15 18 13 15 Earnings Per Share & Share-Based Payment IAS 33, IFRS 2 SFAS 123 R, 128 26 0 16 19 18 16 Investments IFRS 7, IAS 27 , 28 , 32, 39 SFAS 115, 133 32X 17 12 14 ... Accounting Changes & Errors IAS 8 SFAS 154 25 0 22 20 20 22 Disclosures & Segment Reporting IFRS 7, 8, IAS 24 SFAS 57, 131 28 0, 850 24 3 19 Resources US GAAP Codification http://asc.fasb.org/home ... Income IAS 1, 34, IFRS 5 SFAC 6 22 0, 22 5 4 4 4 4 Balance Sheet IAS 1, 10, 34 SFAC 6 21 0 5 3 3 5 Statement of Cash Flows IAS 1, 7 SFAS 95 23 0 5, 23 4, 21 5, 21 6 Cash and Receivables IAS 7,...

Ngày tải lên: 18/02/2014, 01:20

... statements of listed companies beginning in 20 05. 20 01 20 03 20 05 20 07 20 09 20 11 20 13 20 15 20 00 20 02 2004 20 06 20 08 20 10 20 12 2014 20 16 20 17 20 15 Earliest year the SEC would allow public companies ... the International Accounting Standards Committee (IASC), formed in 1973. The IASB’s mandate is to develop International Financial Reporting Standards (IFRS). 20 02 The IASB and the Financial ... the International Accounting Standards Committee (IASC), formed in 1973. The IASB’s mandate is to develop International Financial Reporting Standards (IFRS). 20 02: The IASB and the Financial...

Ngày tải lên: 29/03/2014, 18:20

... matters. Developing International Accounting Standards • 9 ccc_hussey_ch2_8-14.qxd 2/ 16/05 12: 27 PM Page 9 INTERNATIONAL FINANCIAL REPORTING STANDARDS DESK REFERENCE flast.qxd 3/3/05 1: 02 PM Page xiii Contents v FOREWORD ... Free Press, 20 02, page 2. ccc_hussey_pt1_1 -2. qxd 2/ 16/05 12: 27 PM Page 1 those funds rests with the Trustees. In the first year, a budget was set of ap- proximately £ 12 million, and in 20 01 a total ... national committees. The SIC has up to 12 voting members, with a The International Accounting Standards Board • 17 ccc_hussey_ch3_15 -22 .qxd 2/ 16/05 12: 28 PM Page 17 lobbying takes place. In the...

Ngày tải lên: 14/08/2014, 05:20