International GAAP 2021
International GAAP 2021 is a detailed guide to interpreting and implementing International Financial Reporting Standards (IFRS). By setting IFRS in a relevant business context, it provides insights on 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 or teaching IFRS.
Written by EY financial reporting professionals from around the world, this three-volume guide to reporting under IFRS provides a global perspective on the application of IFRS. The book explains complex technical accounting issues clearly by setting IFRS in a practical context with numerous worked examples and hundreds of illustrations from the published financial reports of major listed companies from around the world.
Volume 1 contains the following chapters and sections:
*International GAAP *The IASB's Conceptual Framework *Presentation of financial statements and accounting policies *Non-current assets held for sale and discontinued operations *First-time adoption *Consolidated financial statements *Consolidation procedures and non-controlling interests *Separate and individual financial statements *Business combinations *Business combinations under common control *Investments in associates and joint ventures *Joint arrangements *Disclosure of interests in other entities *Fair value measurement *Foreign exchange *Hyperinflation *Intangible assets *Property, plant and equipment *Investment property *Impairment of fixed assets and goodwill *Capitalisation of borrowing costs *Inventories
Index of extracts from financial statements for all three volumes
Index of standards for all three volumes
Index for all three volumes
This book is printed on acid-free paper, responsibly manufactured from well-managed FSC-certified forests and other controlled sources.
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, legal or other professional advice. Please refer to your advisors for specific advice.
ey.com/igaap
EY is a global leader in assurance, tax, strategy, transaction and consulting services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. For more information about our organization, please visit ey.com.
