International Financial Reporting Standards : A Practical Guide, 5th Edition

The publication of this fifth edition coincides with the convergence in accounting standards that has been a feature of the international landscape since the global financial crisis of 1998. The events of that year prompted several international or...

Full description

Bibliographic Details
Main Author:	Van Greuning, Hennie
Format:	Publication
Language:	English
Published:	World Bank 2012
Subjects:	ACCOUNTANT ACCOUNTING ACCOUNTING PRINCIPLES ACCOUNTING STANDARD ACCOUNTING STANDARDS ACTIVE MARKET AMORTIZATION BALANCE SHEET BANK SUPERVISION BANKRUPTCY BOND BOND RATINGS BOOK VALUE BOOK VALUE OF DEBT BORROWING BORROWING COSTS CALCULATION CALCULATIONS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL MARKETS CAPITAL REQUIREMENTS CASH BALANCE CASH FLOW CENTRAL BANK COLLATERAL COMMON STOCK CONTINGENCIES CONTINGENT LIABILITIES CONTRIBUTIONS CORPORATE GOVERNANCE COST RECOVERY CREDITWORTHINESS DEBT DEBT INTEREST DEBT RATIO DEBT SECURITIES DEBT-EQUITY DEBTORS DEBTS DEFINED BENEFIT PENSION DEPOSITS DEPRECIATION DERIVATIVES DISCLOSURE OF INFORMATION DISCLOSURE REQUIREMENTS DIVIDENDS EARNINGS EARNINGS BEFORE INTEREST ECONOMIC ACTIVITIES ECONOMIC REALITY EFFICIENT MARKET EMPLOYEE BENEFITS EQUIPMENT EQUITY CAPITAL EQUITY MARKET EQUITY RETURNS EXPENDITURE FAIR MARKET VALUE FINANCES FINANCIAL ANALYSIS FINANCIAL ASSETS FINANCIAL COST FINANCIAL CRISIS FINANCIAL DATA FINANCIAL EFFECT FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL INSTRUMENTS FINANCIAL MANAGER FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL POLICY FINANCIAL REPORTING FINANCIAL RISK FINANCIAL SECTOR FINANCIAL STABILITY FIXED ASSETS FOREIGN CURRENCY FOREIGN EXCHANGE FUTURE CASH FLOWS GOING CONCERN GOING-CONCERN BASIS GOVERNMENT ASSISTANCE GOVERNMENT GRANTS HEDGES INCOME INCOME FLOWS INCOME STATEMENT INCOME TAX INSTALLMENT SALES INSTRUMENT INTEREST BURDEN INTEREST EXPENSE INTEREST PAYMENTS INTERNATIONAL ACCOUNTING INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL STANDARDS INVENTORY INVESTING LACK OF TRANSPARENCY LEASE PAYMENTS LENDERS LEVERAGE LIABILITY LINES OF CREDIT LIQUIDITY LONG-TERM ASSETS LONG-TERM BORROWINGS LONG-TERM CAPITAL LONG-TERM DEBT LONG-TERM INTEREST LONG-TERM INVESTMENTS MARKET DISCIPLINE MARKET PARTICIPANTS MARKET PRICE MARKETABLE SECURITIES MATURITIES MINORITY SHAREHOLDERS MONETARY FUND NET ASSETS NET PROFIT PAR VALUE PAR VALUE OF BONDS PAYMENT AMOUNT PENSION PENSION PLANS PENSIONS PRESENT VALUE PRICE INDEX PROFIT MARGIN PROPRIETARY INFORMATION PROVISION OF INFORMATION PUBLIC DISCLOSURE PURCHASES RAPID GROWTH RECEIVABLES REGULATORY AUTHORITIES RETURN ON ASSETS RISK ASSESSMENT RISK MANAGEMENT RISK MEASUREMENT SALE OF INVESTMENTS SECURITIES SETTLEMENT SHARE CAPITAL SHARE OF PROFIT SHARE OF PROFITS SHAREHOLDERS SHORT-TERM BORROWINGS SHORT-TERM DEBT SOLVENCY STAKEHOLDERS TAX TAX RATE TOTAL DEBT TRADE CREDITORS TRADING TRANSACTION TREASURY TREASURY STOCK TURNOVER USE OF DEBT VALUATION VALUATION METHODS WORKING CAPITAL
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20090429041246 http://hdl.handle.net/10986/2620

Description
Summary:	The publication of this fifth edition coincides with the convergence in accounting standards that has been a feature of the international landscape since the global financial crisis of 1998. The events of that year prompted several international organizations, including the World Bank and the International Monetary Fund, to launch a cooperative initiative to strengthen the global financial architecture and to seek a longer-term solution to the lack of transparency in financial information. A conscious decision has been made to focus on the needs of executives and financial analysts in the private and public sectors who might not have a strong accounting background. This publication summarizes each standard so managers and analysts can quickly obtain a broad overview of the key issues. Detailed discussion of certain topics has been excluded to maintain the overall objective of providing a useful tool to managers and financial analysts. In addition to the short summaries, most chapters contain basic examples that emphasize the practical application of some key concepts in a particular standard. This text provides the tools to enable an executive without a technical accounting background to: (1) participate in an informed manner in discussions relating to the appropriateness or application of a particular standard in a given situation, and (2) evaluate the effect that the application of the principles of a given standard will have on the financial results and position of a division or of an entire enterprise.

International Financial Reporting Standards : A Practical Guide, 5th Edition

Similar Items