IFRS Essentials

Content: WILEY : IFRS Essentials
 CONTENTS
 Preface
 Abbreviations
 The Conceptual Framework for Financial Reporting
 1 Introduction
 2 The Objective of General Purpose Financial Reporting
 3 Going Concern
 4 Qualitative Characteristics of Useful Financial Information
 4.1 Introduction
 4.2 Fundamental Qualitative Characteristics
 4.2.1 Relevance
 4.2.2 Faithful Representation
 4.3 Enhancing Qualitative Characteristics
 4.3.1 Comparability
 4.3.2 Verifiability
 4.3.3 Timeliness
 4.3.4 Understandability
 5 The Cost Constraint on Useful Financial Reporting
 6 The Elements of Financial Statements. 6.1 Definitions6.2 Recognition
 6.3 Measurement
 7 Examples with Solutions
 IAS 1 Presentation of Financial Statements
 1 Introduction and Scope
 2 Going Concern
 3 Fair Presentation of the Financial Statements and Compliance with IFRSs
 4 General Principles Relating to Presentation
 4.1 Materiality and Aggregation
 4.2 Offsetting
 4.3 Frequency of Reporting
 4.4 Comparative Information
 4.5 Consistency of Presentation
 5 Components of the Financial Statements
 6 Structure and Content of the Components of the Financial Statements
 6.1 Statement of Financial Position (Balance Sheet). 6.2 Statement of Comprehensive Income and Separate Income Statement6.2.1 Profit or Loss, Other Comprehensive Income and How They Interrelate
 6.2.2 Preparation of the Statement(s)
 6.3 Statement of Changes in Equity
 7 Examples with Solutions
 7.1 Examples that can be Solved Without the Knowledge of Other Chapters of the Book
 7.2 Examples that Require Knowledge of Other Sections of the Book
 IAS 2 Inventories
 1 Scope
 2 Measurement
 2.1 Measurement at Recognition
 2.2 Measurement after Recognition
 3 Presentation and Derecognition
 4 Examples with Solutions
 IAS 7 Statement of Cash Flows. 1 Introduction2 Preparation of the Statement of Cash Flows
 2.1 Operating Activities
 2.2 Investing and Financing Activities
 3 Special Topics
 3.1 Interest and Dividends
 3.2 Income Taxes
 4 Consolidated Statements of Cash Flows
 4.1 Introduction
 4.2 Acquisitions and Disposals of Subsidiaries
 4.3 Associates
 5 Examples with Solutions
 IAS 8 Accounting Policies, Changes in Accounting Estimates, and Errors
 1 Introduction
 2 Accounting Policies
 2.1 Selection and Application of Accounting Policies
 2.2 The Principle of Consistency
 2.3 When an Accounting Policy Has to be Changed. 2.4 Consequences of a Change in Accounting Policy3 Changes in Accounting Estimates
 3.1 Introduction
 3.2 Accounting Treatment
 4 Correction of Prior Period Errors
 5 Examples with Solutions
 IAS 10 Events after the Reporting Period
 1 Overview
 2 Examples with Solutions
 IAS 11 Construction Contracts
 1 Introduction
 2 Contract Revenue
 3 Contract Costs
 4 Percentage of Completion Method
 4.1 Introduction
 4.2 Reliable Estimate of the Outcome of a Contract
 4.3 Determining the Stage of Completion
 4.4 Recognition of Expected Losses
 4.5 Uncertainties in Collectibility. 4.6 Presentation and Disclosure.