Manual of Accounting: Financial Instruments 2012

ISBN-13: 9781847669056 / Angielski / Miękka / 2011

PricewaterhouseCoopers

Opis

Accounting for financial instruments is one of the most complex and taxing areas in accounting today that needs to be understood by all practicing accountants. The International Financial Reporting Standards (IFRS) that govern this area of accounting are often difficult to understand and interpret. PwC's Manual of Accounting: Financial Instruments 2012 is a thoroughly comprehensive, clearly explained, and informative guide to these standards. It contains practical worked examples and extracts from company financial statements that help to illustrate the explanations. Key changes from the previous edition include updated guidance on IFRS 9, including aspects on liabilities issued in November 2010, consequential amendments of IFRS 9, IASB amendment to IFRS 7, 'Financial instruments: Presentation' on derecognition, annual improvements 2010, IFRIC agenda decisions, and new extracts and examples. This book draws on the combined expertise and experience of financial instrument specialists in PwC's Global Accounting Consulting Services team. It will be of particular interest to preparers and users of IFRS financial statements, as well as others who require a detailed knowledge of financial instruments accounting. Analysts, academics, and students will also find it a valuable reference tool.

Spis treści

1 Overview; 2 Introduction; 3 Objective and scope of IAS 32, IAS 39 and IFRS 7; 4 Nature and characteristics of financial instruments; 5 Embedded derivatives in host contracts; 6 Classification of financial instruments; 7 Financial liabilities and equity; 8 Recognition and derecognition; 9 Measurement of financial assets and liabilities; 10 Hedge accounting; 11 Presentation and disclosure; 12 IFRS 9, 'Financial instruments'.