IFRS For Dummies

Steve Collings is Audit and Technical Director for Leavitt Walmsley Associates Ltd. Steve has written extensively for AccountingWEB.co.uk and is the author of Interpretation and Application of International Standards on Auditing, also published by Wiley. In 2011, Steve was named Accounting Technician of the Year at the British Accountancy Awards.

"The book is the latest addition to the publisher's For Dummies series, which aims to simplify complicated topics for readers." (Manchester Evening News, 10th May 2012)

• Introduction 1Part I: Concepts and Basic Standards 7Chapter 1: Introducing IFRS 9Chapter 2: Getting to Grips with Some Basic IFRS 27Chapter 3: Taking the Plunge: Adopting IFRS for the First Time 51Part II: Looking at the Key Components of Financial Statements 69Chapter 4: Accounting for Assets 71Chapter 5: Looking at Assets You Don’t See Every Day 95Chapter 6: Accounting for Liabilities 117Chapter 7: Examining Liabilities You Don’t See Every Day 141Chapter 8: Accounting for Revenue 161Chapter 9: Accounting for Equity 179Part III: Consolidating and Investing 201Chapter 10: Getting Your Head Around the Basics of Consolidation 203Chapter 11: Getting to Grips with More Complex Consolidation Issues 217Chapter 12: Tackling Associates 239Chapter 13: Juggling Joint Ventures 257Part IV: Disclosing Information in the Financial Statements 269Chapter 14: Reporting Related Parties 271Chapter 15: Skilfully Segmenting Information 289Chapter 16: Easing into Earnings per Share 303Part V: The Part of Tens 321Chapter 17: Ten Pitfalls to Avoid 323Chapter 18: Ten Disclosure Requirements Under IFRS 333Chapter 19: Ten Future Developments in IFRS 343Part VI: Appendixes 349Appendix A: Sources of Guidance 351Appendix B: IFRS for SMEs 357Appendix C: Glossary 361Index 365