International GAAP 2020 Ernst & Amp Young
International GAAP 2020 is a comprehensive guide to interpreting and implementing International Financial Reporting Standards (IFRS), setting IFRS in a relevant business context, and providing insights into how complex practical issues should be resolved in the real world of global financial reporting. This book is an essential tool for anyone applying, auditing, interpreting, regulating, studying, or teaching IFRS. Written by financial reporting professionals from around the world, this guide to reporting under IFRS provides a global perspective, clearly explaining complex technical accounting issues and setting IFRS in a practical context. Numerous worked examples and hundreds of illustrations from the published financial reports of major listed companies from around the world are included. The 2020 edition has been fully revised and updated with information on the latest IFRS changes and current issues.
Volume 1
1 International GAAP 1
2 The IASB’s Conceptual Framework 37
3 Presentation of financial statements and accounting policies 109
4 Non-current assets held for sale and discontinued operations 183
5 First-time adoption 213
6 Consolidated financial statements 357
7 Consolidation procedures and non-controlling interests 463
8 Separate and individual financial statements 535
9 Business combinations 597
10 Business combinations under common control 719
11 Investments in associates and joint ventures 765
12 Joint arrangements 845
13 Disclosure of interests in other entities 899
14 Fair value measurement 951
15 Foreign exchange 1125
16 Hyperinflation 1197
17 Intangible assets 1231
18 Property, plant and equipment 1317
19 Investment property 1375
20 Impairment of fixed assets and goodwill 1447
21 Capitalisation of borrowing costs 1579
22 Inventories 1609
Index of extracts from financial statements 1
Index of standards 7
Index 105
Volume 2
23 Leases 1635
24 Government grants 1733
25 Service concession arrangements 1755
26 Provisions, contingent liabilities and contingent assets 1827
27 Revenue: Introduction and scope 1917
28 Revenue: Identify the contract and performance obligations 1953
29 Revenue: Determine and allocate the transaction price 2053
30 Revenue: Recognition 2143
31 Revenue: Licences, warranties and contract costs 2201
32 Revenue: Presentation and disclosure 2271
33 Income taxes 2319
34 Share-based payment 2493
35 Employee benefits 2755
36 Operating segments 2841
37 Earnings per share 2883
38 Events after the reporting period 2937
39 Related party disclosures 2957
40 Statement of cash flows 2995
41 Interim financial reporting 3045
42 Agriculture 3125
43 Extractive industries 3181
Index of extracts from financial statements 1
Index of standards 7
Index 105
Volume 3
44 Financial instruments: Introduction 3425
45 Financial instruments: Definitions and scope 3433
46 Financial instruments: Derivatives and embedded derivatives 3469
47 Financial instruments: Financial liabilities and equity 3511
48 Financial instruments: Classification 3619
49 Financial instruments: Recognition and initial measurement 3681
50 Financial instruments: Subsequent measurement 3705
51 Financial instruments: Impairment 3743
52 Financial instruments: Derecognition 3901
53 Financial instruments: Hedge accounting 3993
54 Financial instruments: Presentation and disclosure 4203
55 Insurance contracts (IFRS 4) 4325
56 Insurance contracts (IFRS 17) 4469
Index of extracts from financial statements 1
Index of standards 7
Index 105
Ernst & Young is a global leader in professional services with some 114,000 people based in 140 countires. Around the world the firm is committed to pursuing the highest levels of integrity, quality, and professionalism in delivering a broad inventory of services to their cllients. By connecting their people’s talents, Ernst & Young provides solutions to clients based on financial, transactional, and risk-management knowledge in its core services of audit, tax, and transactions.
The International Financial Reporting Group of Ernst & Young includes financial reporting specialists from throughout the world.
