Publisher's Synopsis
PwC's Manual of Accounting - IFRS 2012 is a practical guide to
International Financial Reporting Standards (IFRS) providing
comprehensive guidance on the IFRSs issued by the International
Accounting Standards Board (IASB).
The manual contains straightforward explanations on how to prepare financial statements in accordance with IFRS. It includes hundreds of practical worked examples and extracts from company reports that illustrate how even the most complex calculations and disclosures should be made. Written by PwC's Global Accounting Consulting Services team, the manual is full of insights based on PwC's IFRS experience around the world.
Key updates from previous edition include:
New chapters on:
New standards published in 2011, including those on consolidated financial statements, joint arrangements, separate financial statements, associates and joint ventures, fair value measurement and employee benefits.
IASB practice statement on Management commentary.
Updated guidance on:
IASB amendments to IFRS 1 on hyperinflation and fixed dates; to IAS 12 on deferred tax and to IAS 1 on other comprehensive income (OCI)
Conceptual Framework 2010
Annual Improvements 2010
IFRIC agenda decisions
New extracts and examples
