international financial reporting standards definition

Ngày tải lên: 05/01/2014, 00:50

... 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. ... transparent picture of the firm’s economic condition. •ReduceComplexityin Financial Reporting Over the last several decades, the standards of US GAAP and associated guid- ance have grown to many thousands ... Evolution of Accounting Standards Accounting standards around the world have evolved over centuries of business and capital market development. In this process, accounting standards historically...

Ngày tải lên: 17/02/2014, 09:20

... Intermediate Accounting Issued by the IASB: • International Financial Reporting Standards (IFRS) • Interpretations originated from the International Financial Reporting Interpretations Committee (IFRIC) ... two sets of standards. Unit 1 – Introduction 3 Incorporating IFRS into Intermediate Accounting Unit 1 – Introduction Why learn IFRS? International Financial Reporting Standards, commonly ... accounting student and their faculty members to get started incorporating the International Financial Reporting Standards in their course sooner rather than later. The materials are NOT exhaustive;...

Ngày tải lên: 18/02/2014, 01:20

Ngày tải lên: 29/03/2014, 18:20

... 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 ... analyses of usefulness of this reporting. The characteristic formulation of accounting and financial information is to obtain a common language in reporting financial data, capable to be used...

Ngày tải lên: 17/02/2014, 09:20

Ngày tải lên: 28/06/2014, 17:20

... Fulbright Vi tính Ứng dụng Năm học 2007 - 2008 Trần Thanh Phong 1 HƯỚNG DẪN SỬ DỤNG INTERNATIONAL FINANCIAL STATISTICS (IFS) Thống kê số liệu của 200 quốc gia trên thế giới và chứa khoảng ... các quốc gia theo hàng và xuất kết quả sang Microsoft Excel. Tài liệu tham khảo: International Financial Statistics (IFS) Help Chương trình Giảng dạy kinh tế Fulbright Vi tính Ứng dụng...

Ngày tải lên: 16/10/2013, 00:15

... Under Fixed Exchange Rates Copyright 2011  Pearson Canada Inc. 20 - 1 Chapter 20 The International Financial System Copyright 2011  Pearson Canada Inc. 20 - 20 Direct Effects of the Foreign ... it loses international reserves • When the domestic currency is undervalued, the central bank must sell domestic currency to keep the exchange rate fixed; but as a result, it gains international ... market as though it were a free market without interference. • Central banks engage in international financial transactions (foreign exchange interventions) to influence exchange rates • Use...

Ngày tải lên: 05/01/2014, 16:59

... fore- casting, and financial reporting. And, as financial executives come and go, typically little is done to streamline these processes. Even when large amounts of money are invested in new financial ... 136 16 Improving Financial Reporting Processes . . . . . . . . . . . . . . . . 137 Ethical Concerns. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137 Financial Reporting as a Business ... vii • Business reporting (balanced scorecard, benchmarking, etc.) • Credit line reporting • Economic indicators and demographics • Financial statements • General Ledger • Journal entry reporting •...

Ngày tải lên: 17/01/2014, 03:20

... understanding of financial linkages requires the modeling of international cross-market financial linkages, which so far has been missing in the literature. The importance of the international ... rates in the short run. Another strand on international financial co-movements attempts to explain the evolution of financial spillovers through real and financial linkages of the underlying economies. ... exposure to foreign financial market shocks, as well as for risk management and international portfolio diversification. We have estimated in this paper the transmission of financial market shocks...

Ngày tải lên: 16/02/2014, 02:20

... IADB-MIF, Press release, April 2004. International Monetary Fund (IMF). (various years). Balance of Payments Yearbook. International Labour Organization. International Labour Migration Database: ... the working groups meets regularly. The Financial Education Working Group employs the FDIC’s Money Smart financial curriculum to help adults outside the financial mainstream improve their money ... Jr. and John Page, The Impact of International Migration and Remittances on Poverty, PRMPR, World Bank, October 2003 Addleton, Jonathan (1984). “The Impact of International Migration on Economic...

Ngày tải lên: 16/02/2014, 10:20

... for reducing the incidence of fraudulent financial reporting. Participants in the Financial Reporting Process The responsibility for reliable financial reporting resides first and foremost at ... deter fraudulent financial reporting. Improved Federal Regulation of Financial Institutions Federal regulatory agencies, other than the SEC, have responsibility for financial reporting by certain public ... to detect fraudulent financial reporting within financial institutions, the Commission also 32 first must establish the proper environment, one in which fraudulent financial reporting is less likely...

Ngày tải lên: 06/03/2014, 19:20

... Accounting and Financial Reporting Updates – US Generally Accepted Accounting Principles Recent Accounting and Financial Reporting Updates – International Financial Reporting Standards Regulatory ... GAAP and International Financial Reporting Standards, particularly those that introduce or amend criteria for determining whether an entity is deemed to be an investment fund for financial reporting ... after the exposure and re-deliberation phases. International Financial Reporting Standards Update Recent IFRS Update – IFRS 10 Consolidated Financial Statements (“IFRS 10”) Status – IFRS...

Ngày tải lên: 07/03/2014, 04:20

... Generally Accepted Accounting Principles Recent Accounting and Financial Reporting Updates – International Financial Reporting Standards Regulatory Update – US – CFTC – Registration of advisers ... and International Financial Reporting Standards, particularly those that introduce or amend criteria for determining whether an entity is deemed to be an investment fund for financial reporting ... proposed or final ASU) in the first half of 2013. International Financial Reporting Standards (“IFRS”) Update Recent IFRS Update – IFRS 10 Consolidated Financial Statements (“IFRS 10”) Status –...

Ngày tải lên: 07/03/2014, 04:20

Ngày tải lên: 07/03/2014, 08:20

... control over financial reporting. 4. Organizational Structure – The company’s organizational structure supports effective internal control over financial reporting. 5. Financial Reporting Competencies ... Assessment 8. Financial Reporting Objectives – Management specifies financial reporting objectives with sufficient clarity and criteria to enable the identification of risks to reliable financial reporting. 9. ... of financial reporting objectives. At a high level, the objective of financial reporting is to prepare reliable financial statements, which involves attaining reasonable assurance that the financial...

Ngày tải lên: 11/03/2014, 02:20

... over financial reporting. Establishes Lines of Financial Reporting Establishes Structure Establishes Lines of Financial Reporting Establishes Structure Establishes Lines of Financial Reporting Establishes ... 8. Financial Reporting Objectives – Management specifies financial reporting objectives with sufficient clarity and criteria to enable the identification of risks to reliable financial reporting ... internal control over financial reporting. Attributes of the Principle Establishes Lines of Financial Reporting – Management establishes appropriate lines of financial reporting for each functional...

Ngày tải lên: 11/03/2014, 02:20

Ngày tải lên: 13/03/2014, 23:41

Ngày tải lên: 14/03/2014, 22:20