The Handbook to IFRS Transition and to IFRS U.S. GAAP Dual Reporting

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Synopsis
An indispensable guide to making the transition to dual IFRS/GAAP financial reportingU.S. financial reporting will undergo an unprecedented level of change within the next several years. U.S. companies face a convergence between U.S. GAAP and IFRS, affecting several major accounting standards--most notably in the areas of leasing, revenue recognition, and financial instruments. It is imperative that U.S. companies understand these major changes and their business and operational implications. The IFRS U.S. GAAP Dual Reporting Handbook to First-Time Adoption offers a comprehensive treatment of both the principles and techniques of dual reporting under IFRS/U.S. GAAP, while exploring the practical implications for accounting professionals of reporting under both sets of standards.Takes an operating approach to the implementation and application of the dual standardsDraws upon the author's extensive firsthand experience to dispel uncertainty and offer decision makers expert technical assistanceDefines systemic changes businesses will need to make to accommodate IFRS standardsCompares the two bodies of standards item-by-item and identifies solutions under one set of standards to issues arising under the otherExplores the strategic impact of structuring a company for IFRS transitionIn addition to covering the full range of critical issues surrounding adopting IFRS, this indispensable handbook is a rich resource of dual reporting tools, including financial statement formats, charts of accounts, accounting check-lists, reconciliation schedules, and operating manuals.
Copyright:
2012

Book Details

Book Quality:
Publisher Quality
ISBN-13:
9781119960348
Related ISBNs:
9780470977125
Publisher:
Wiley
Date of Addition:
Copyrighted By:
Francesco Bellandi
Adult content:
No
Language:
English
Has Image Descriptions:
No
Categories:
Nonfiction, Business and Finance
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.

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