This main volume contains clear, practical guidance on how companies should prepare their financial statements in accordance with IFRS. It also deals with the reporting requirements for interim reports and preliminary announcements, and includes hundreds of worked examples and extracts from company reports.
- Amendment to IFRS 1 on IFRS 7 exemption - effective for accounting periods beginning 1 July 2010
- 2010 Annual improvements - effective for accounting periods beginning 1 January 2011.
- Amendment to IFRIC 14, 'Pre-payments of a minimum funding requirement' – effective for accounting periods beginning 1 January 2011.
New chapter on related party disclosures under IAS 24 (revised).
Latest PwC views and interpretations.
Contents Includes:
IFRS, International Accounting Standards, Global IFRS, going concern, revenue recognition, segmental reporting, retirement benefits, earnings per share, financial instruments, financial statements, goodwill, impairment of fixed assets, disclosure presentation.
Product Includes:
- New chapter on IFRS 9.
- Guidance on new standards and IFRICs issued since September 2009 including:
- IFRS 9, 'Financial instruments'.
- 2010 Annual improvements - effective for accounting periods beginning 1 January 2011.
- Amendment to IAS 32 on classification of rights issues - effective for accounting periods beginning 1 February 2010.
- IFRIC 19, 'Extinguishing financial liabilities with equity instruments' - effective for accounting periods beginning 1 July 2010.
- New extracts from accounts and examples.
- Latest PwC views and interpretations.