2011 international financial reporting standards ifrs foundation education initiative

... Incorporating IFRS into Intermediate Accounting Issued by the IASB: ã International Financial Reporting Standards (IFRS) ã Interpretations originated from the International Financial Reporting ... Why learn IFRS? International Financial Reporting Standards, commonly referred to as IFRS, are gaining momentum as the global norm in financial reporting. Issued by the London-based International ... explanatory material added ã IFRS used as national standards, plus national standards for topics not covered by IFRS ã IFRS modified for national conditions ã National standards “similar to”, “based...

Ngày tải lên: 18/02/2014, 01:20

... the International Accounting Standards Committee (IASC), formed in 1973. The IASB’s mandate is to develop International Financial Reporting Standards (IFRS) . 2002 The IASB and the Financial ... aicpa.org Financial Accounting Standards Board fasb.org International Accounting Standards Board iasb.org International Federation of Accountants ifac.org AICPA IFRS Resources ifrs. com International ... the International Accounting Standards Committee (IASC), formed in 1973. The IASB’s mandate is to develop International Financial Reporting Standards (IFRS) . 2002: The IASB and the Financial...

Ngày tải lên: 29/03/2014, 18:20

Ngày tải lên: 11/09/2014, 16:58

Ngày tải lên: 05/01/2014, 00:50

... problem of reporting financial data useful for readers in most of the countries and languages is receiving considerable attention with the implementation of the new financial reporting standards ... accounting standards that had been issued by various standard-setting bodies, both national and international. These existing standards have been created primarily with the financial reporting ... and financial reports. The first level is already implementing IFRS. The objective of Level 2 and Level 3 financial statements are to provide information about the reporting Enterprise’s financial...

Ngày tải lên: 17/02/2014, 09:20

... Accounting Standards Board (IASB) adopted the first iteration of International Financial Reporting Standards (IFRS) to serve as a possible pathway for establish- ing uniform global accounting standards. ... condition. ãReduceComplexityinFinancialReporting Over the last several decades, the standards of US GAAP and associated guid- ance have grown to many thousands of pages. By contrast, IFRS is substantially ... then, IFRS has been adopted or become accepted in over 100 countries. Over this same period, the Financial Accounting Standards Board (FASB) and the IASB have begun an effort to converge IFRS...

Ngày tải lên: 17/02/2014, 09:20

... issues a final International Accounting Standard (IAS). In April 2001, the IASB announced that future accounting standards would be called International Financial Reporting Standards (IFRSs). Stan- dards ... on particular matters. Developing International Accounting Standards ã 9 ccc_hussey_ch2_8-14.qxd 2/16/05 12:27 PM Page 9 INTERNATIONAL FINANCIAL REPORTING STANDARDS DESK REFERENCE flast.qxd ... responded by establishing international accounting and financial reporting standards, and substantial progress has been made to- ward international acceptance of these standards. If you are a practitioner,...

Ngày tải lên: 14/08/2014, 05:20

... 2004. ———. International Financial Reporting Standards (IFRSs). IASB, 2004. International Federation of Accountants. IES 1-6: International Education Standards for Professional Accountants. IFAC Education ... 2002): 110–112. International Accounting Standards Committee. IASC Constitution. IASC, May 2000. International Accounting Standards Board. International Financial Reporting Standards (IFRSs)—A Briefing ... April 2001, the International Accounting Standards Board (IASB) an- nounced that future accounting standards would be called International Fi- nancial Reporting Standards (IFRSs). Standards issued...

Ngày tải lên: 14/08/2014, 05:20

... ã Guide to International Financial Reporting Standards ccc_hussey_ias01_71-114.qxd 2/16/05 12:30 PM Page 72 IAS 2 Inventories ISSUED OR LAST REVISED December 2003 EFFECTIVE DATE Financial statements ... measurement. 66 ã Guide to International Financial Reporting Standards ccc_hussey_frame_65-70.qxd 2/16/05 12:30 PM Page 66 accounting policy, resulting from the initial application of an IFRS, is ac- counted ... transport, and installation costs 98 ã Guide to International Financial Reporting Standards ccc_hussey_ias01_71-114.qxd 2/16/05 12:30 PM Page 98 THE ELEMENTS OF FINANCIAL STATEMENTS The elements are discussed...

Ngày tải lên: 14/08/2014, 05:20

... charged) takes place. 118 ã Guide to International Financial Reporting Standards ccc_hussey_ias02_115-178.qxd 2/16/05 12:30 PM Page 118 IAS 29 Financial Reporting in Hyperinflationary Economies ISSUED ... to International Financial Reporting Standards ccc_hussey_ias02_115-178.qxd 2/16/05 12:30 PM Page 124 IAS 24 Related Party Disclosures ISSUED OR LAST REVISED December 2003 EFFECTIVE DATE Financial ... is a matter of judgment. Hyperinflation is indicated by charac- 128 ã Guide to International Financial Reporting Standards ccc_hussey_ias02_115-178.qxd 2/16/05 12:30 PM Page 128 average number...

Ngày tải lên: 14/08/2014, 05:20

... generally. SCOPE Entities should apply the IFRS to exploration and evaluation expenditure that it incurs. 176 ã Guide to International Financial Reporting Standards ccc_hussey_ias02_115-178.qxd 2/16/05 ... accumulated depreciation 158 ã Guide to International Financial Reporting Standards ccc_hussey_ias02_115-178.qxd 2/16/05 12:30 PM Page 158 EXAMPLES OF RELATED NATIONAL STANDARDS Australia: AASB 1044 Canada: ... during the period ã Financial risk management strategies ã Additional disclosures if fair value cannot be measured reliably 160 ã Guide to International Financial Reporting Standards ccc_hussey_ias02_115-178.qxd...

Ngày tải lên: 14/08/2014, 05:20

... organizations. International Accounting Standards (IASs) were issued by the predecessor body of the International Accounting Standards Board (IASB). The IASB now uses the term International Financial Reporting ... CICA Handbook. Accounting Standards Board (ASB) The national standard-setting body in the United Kingdom that issues Financial Reporting Exposure Drafts (FREDs), Financial Reporting Standards (FRSs), ... the term International Financial Reporting Standards (IFRSs). Accounting Standards Board (AcSB) The AcSB has the authority to develop and establish standards and guidance covering financial accounting...

Ngày tải lên: 14/08/2014, 05:20

... and has been is- sued by the Accounting Standards Board (ASB). In the United States, the Fi- nancial Accounting Standards Board (FASB) issued Statements of Financial Accounting Concepts under its ... financial statements may need to be prepared for the two accounting regimes unless international financial re- porting standards are recognized. dual pricing A method of transfer pricing in which goods ... but the organization must meet the listing requirements of each stock exchange. If international accounting standards are not recognized by the individual exchanges, the organization must either...

Ngày tải lên: 14/08/2014, 05:20

... heading of International Financial Re- porting Standards (IFRSs) by the IASB. International Accounting Standards Board (IASB) In 2000, the Interna- tional Accounting Standards Committee Foundation ... with IFRSs unless they comply both with the requirements of the standard and any interpretation that has been issued. International Financial Reporting Standards (IFRSs) The term used by the International ... (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...

Ngày tải lên: 14/08/2014, 05:20

Ngày tải lên: 14/08/2014, 05:20

Ngày tải lên: 14/08/2014, 05:20

... 147 Setting and regulating international financial reporting standards Chapter 1 Developing global accounting standards 5 Chapter 2 International financial reporting standards 50 Chapter 3 Confidence ... application of those standards; and (c) to bring about convergence of national accounting standards and International Accounting Standards and International Financial Reporting Standards to high-quality solutions. These ... of the Financial Accounting Standards Foundation, (2001). By permission of Financial Accounting Standards Foundation; Exhibit 12.8 from Organisation of the ASBJ (2004) by permission of Financial...

Ngày tải lên: 28/06/2014, 17:20

Ngày tải lên: 05/11/2014, 12:39

... FY 2011 Agency Financial Report—U.S. Department of Education ii Message From the Secretary November 15, 2011 I am pleased to present the Department’s Fiscal Year (FY) 2011 Agency Financial ... FY 2011 Agency Financial Report—U.S. Department of Education Foreword The United States Department of Education s (the Department’s) Agency Financial Report (AFR) for fiscal year (FY) 2011 ... Department of Education 36 Message From the Chief Financial Officer The Department of Education continued its high standard of financial management and reporting during FY 2011. The Department’s...

Ngày tải lên: 15/03/2014, 19:20