11253nam a22005173i 4500 000686824 MiAaPQ 20210721163825.0 m o d | cr cnu|||||||| 210721s2021 xx o ||||0 eng d NEZPRACOVANÝ IMPORT 9781119818656 (electronic bk.) 9781119818632 (MiAaPQ)EBC6579279 (Au-PeEL)EBL6579279 (OCoLC)1250085603 657.30218 Ltd, PKF International. Wiley 2021 Interpretation and Application of IFRS Standards. Newark : John Wiley & Sons, Incorporated, 2021. ©2021. 1 online resource (1010 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier Cover -- Title Page -- Copyright Page -- Contents -- About the Authors -- Chapter 1 Introduction To International Financial Reporting Standards -- Introduction -- The Current Structure -- Process of IFRS Standard Setting -- Appendix A: Current International Financial Reporting Standards (IAS/IFRS) and Interpretations (SIC/IFRIC) -- Appendix B: IFRS For SMEs -- Definition of SMEs -- IFRS for SMEs is a Complete, Self-Contained Set of Requirements -- Modifications of Full IFRS Made in the IFRS for SMEs -- Disclosure Requirements Under the IFRS for SMEs -- Maintenance of the IFRS for SMEs -- Implications of the IFRS for SMEs -- Application of the IFRS for SMEs -- Chapter 2 Conceptual Framework -- Introduction -- Conceptual Framework for Financial Reporting 2018 -- Status and Purpose -- 1. The Objective of General-Purpose Financial Reporting -- 2. Qualitative Characteristics of Useful Financial Information -- 3. Financial Statements and the Reporting Entity -- 4. The Elements of Financial Statements -- 5. Recognition and Derecognition -- 6. Measurement -- 7. Presentation and Disclosure -- 8. Concepts of Capital and Capital Maintenance -- Hierarchy of Standards -- IFRS Practice Statement 1- Management Commentary -- Principles -- Qualitative Characteristics -- Presentation -- Elements -- Future Developments -- US GAAP Comparison -- Chapter 3 Presentation of Financial Statements -- Introduction -- Scope -- Definitions of Terms -- Financial Statements -- Objective -- Purpose of Financial Statements -- General Features -- Fair Presentation and Compliance with IFRS -- Structure and Content -- Complete Set of Financial Statements -- Future Developments -- Illustrative Financial Statements -- US GAAP Comparison -- Chapter 4 Statement of Financial Position -- Introduction -- Scope -- Definitions of Terms -- General Concepts, Structure and Content. General Concepts -- Structure and Content -- Classification of Assets -- Current Assets -- Non-Current Assets -- Other Assets -- Classification of Liabilities -- Current Liabilities -- Non-Current Liabilities -- Offsetting Assets and Liabilities -- Classification of Shareholders' Equity -- Share Capital -- Retained Earnings -- Disclosure of Share Capital -- Future Developments -- US GAAP Comparison -- Chapter 5 Statements Of Profit Or Loss And Other Comprehensive Income, And Changes In Equity -- Introduction -- Future Developments -- Scope -- Definitions of Terms -- Other Terminology -- Concepts of Income -- Recognition and Measurement -- Income -- Expenses -- Gains and Losses -- Statement of Profit or Loss and Other Comprehensive Income -- Presentation in the Profit or Loss Section -- Statement Title -- Reporting Period -- Comparative Information -- Classification of Expenses -- Aggregating Items -- Offsetting Items of Income and Expense -- Other Comprehensive Income -- Reclassification Adjustments: An Example -- Statement of Changes in Equity -- US GAAP Comparison -- Chapter 6 Statement of Cash Flows -- Introduction -- Scope -- Definitions of Terms -- Background -- Benefits of Statement of Cash Flows -- Exclusion of Non-Cash Transactions -- Components of Cash and Cash Equivalents -- Presentation -- Classifications in the Statement of Cash Flows -- Reporting Cash Flows from Operating Activities -- Other Requirements -- Gross vs. Net Basis -- Foreign Currency Cash Flows -- Cash Flow per Share -- Net Reporting by Financial Institutions -- Reporting Futures, Forward Contracts, Options and Swaps -- Reporting Extraordinary Items in the Statement of Cash Flows -- Reconciliation of Cash and Cash Equivalents -- Acquisitions and Disposals of Subsidiaries and Other Business Units -- Disclosure and Examples. Changes in Liabilities Arising from Financing Activities -- Consolidated Statement of Cash Flows -- US GAAP Comparison -- Chapter 7 Accounting Policies, Changes in Accounting Estimates and Errors -- Introduction -- Scope -- Definitions of Terms -- Importance of Comparability and Consistency in Financial Reporting -- Accounting Policy -- Selecting Accounting Policies -- Changes in Accounting Policies -- Applying Changes in Accounting Policies -- Retrospective Application -- Impracticability Exception -- Changes in Amortisation Method -- Changes in Accounting Estimates -- Correction of Errors -- US GAAP Comparison -- Chapter 8 Inventories -- Introduction -- Definitions of Terms -- Recognition and Measurement -- Basic Concept of Inventory Costing -- Ownership of Goods -- Accounting for Inventories -- Valuation of Inventories -- Methods of Inventory -- Specific Identification -- First-In, First-Out -- Weighted-Average Cost -- Net Realisable Value -- Other Valuation Methods -- Disclosure Requirements -- Examples of Financial Statement Disclosures -- US GAAP Comparison -- Chapter 9 Property, Plant and Equipment -- Introduction -- Future developments -- Definitions of Terms -- Recognition and Measurement -- Depreciation Methods Based on Time -- Revaluation of Property, Plant and Equipment -- Derecognition -- Disclosures -- Example of reconciliation of asset carrying amounts -- Non-Monetary (Exchange) Transactions -- Transfers of Assets from Customers -- US GAAP Comparison -- Chapter 10 Borrowing Costs -- Introduction -- Definitions of Terms -- Recognition and Measurement -- Capitalisation of Borrowing Costs -- US GAAP Comparison -- Chapter 11 Intangible Assets -- Introduction -- Scope -- Definitions of Terms -- Recognition and Measurement -- Nature of Intangible Assets -- Recognition Criteria -- Measurement of the Cost of Intangibles. Internally Generated Intangibles other than Goodwill -- Costs Not Satisfying the IAS 38 Recognition Criteria -- Subsequently Incurred Costs -- Measurement Subsequent to Initial Recognition -- Amortisation Period -- Residual Value -- Impairment Losses -- Derecognition of Intangible Assets -- Website Development and Operating Costs -- Disclosures -- Example of Financial Statement Disclosure -- US GAAP Comparison -- Chapter 12 Investment Property -- Introduction -- Definitions of Terms -- Identification -- Apportioning Property between Investment Property and Owner-Occupied Property -- Property Leased to a Subsidiary or a Parent Company -- Interrelationship between IFRS 3 and IAS 40 -- Recognition and Measurement -- Recognition -- Presentation and Disclosure -- Presentation -- Disclosure -- Examples of Financial Statement Disclosures -- US GAAP Comparison -- Chapter 13 Impairment of Assets and Non-Current Assets Held for Sale -- Introduction -- Definitions of Terms: Impairment of Assets -- Impairment of Assets (IAS 36) -- Scope of IAS 36 -- Principal Requirements of IAS 36 -- Identifying Impairments -- Computing Recoverable Amounts-General Concepts -- Determining Fair Value Less Costs to Sell -- Computing Value in Use -- Cash-Generating Units -- Discount Rate -- Corporate Assets -- Accounting for Impairments -- Reversals of Impairments under the Historical Cost Method of Accounting -- Reversals of Impairments under the Revaluation Method -- Insurance and Other Recoveries -- Disclosure Requirements -- Examples of Financial Statement Disclosures -- Future Developments -- Definitions of Terms: Non-Current Assets Held for Sale -- Non-Current Assets Held for Sale -- Held-for-Sale Classification -- Measurement of Non-Current Assets Held for Sale -- Change of Plans -- Presentation and Disclosure -- Discontinued Operations -- Presentation and Disclosure. Examples of Financial Statement Disclosures -- US GAAP Comparison -- Chapter 14 Consolidations, Joint Arrangements, Associates And Separate Financial Statements -- Introduction -- Definitions of Terms -- Consolidated Financial Statements -- Scope -- Identification of a Subsidiary -- Power -- Majority of Voting Rights -- Less Than a Majority of Voting Rights -- Exposure, or Rights, to Variable Returns from an Investee -- Link between Power and Returns -- Example of a Fund Manager -- Other Arrangements -- Consolidation Procedures -- Investment Entities -- Examples of Financial Statement Disclosures -- Joint Arrangements -- Joint Arrangements -- Types of Joint Arrangement -- Assessment Questions -- Accounting for Joint Operations -- Accounting for Joint Ventures -- Separate Financial Statements -- Associates -- Accounting for an Associate -- Equity Method of Accounting -- The Equity Method -- Accounting for Changes in Ownership Interest -- Examples of Financial Statement Disclosures -- Impairment of the Value of Equity-Method Investments -- Other Requirements of IAS 28 -- Separate Financial Statements -- Investment Entities -- Disclosure in Separate Financial Statements -- Disclosure Requirements -- Main Objective -- Significant Judgements and Assumptions -- Interests in Subsidiaries -- Interests in Joint Arrangements and Associates -- Interests in Unconsolidated Structured Entities -- Investment Entities -- US GAAP Comparison -- Chapter 15 Business Combinations -- Introduction -- Background -- Definitions of Terms -- Business Combinations and Consolidations -- Scope -- Business Combinations -- Determining Fair Value -- Transactions and Events Accounted for as Business Combinations -- Qualifying as a Business -- Techniques for Structuring Business Combinations -- Accounting for Business Combinations under the Acquisition Method. Exceptions to the Recognition Principle. Description based on publisher supplied metadata and other sources. Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2021. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries. elektronické knihy fd186907 czenas electronic books eczenas Print version: Ltd, PKF International Wiley 2021 Interpretation and Application of IFRS Standards Newark : John Wiley & Sons, Incorporated,c2021 9781119818632 ProQuest (firma) ko2008435111 https://ebookcentral.proquest.com/lib/vsep/detail.action?docID=6579279 Plný text https://knihovna.vse.cz/zdroje/proquest-ebook-central/?info Informace o práci s e-knihami PQ-OWNED EB PAR 000688314 UEP01 776 E-book Tištěná verze NEPOSILAT EB