Description
Fully updated to reflect the ongoing changes in international accounting standards,
International Financial Reporting contrasts the processes of convergence on global
harmonisation with the continuing causes of national diversity in accounting and
accountability. It analyses the work of the International Accounting Standards Board in
setting internationally applied standards (IFRS) of measurement and disclosure.
Contents
PART ONE: SETTING AND REGULATING INTERNATIONAL FINANCIAL REPORTING STANDARDS
1. Developing global accounting standards
2. International financial reporting standards
3. Confidence and assurance
PART TWO: CONTRASTING HARMONIZATION AND DIVERSITY ACROSS FINANCIAL REPORTING SYSTEMS
4. Institutional and external influences on accounting rules and practices
5. Cultural influences on accounting rules and practices
6. The classification of accounting systems
7. Measuring harmonization and diversity
PART THREE: SIGNIFICANT INFLUENCES ON INTERNATIONAL ACCOUNTING PRACTICES
8. The USA
9. The European Union
PART FOUR: FROM NATIONAL TO INTERNATIONAL STANDARDS
10. Europe
11. United Kingdom
12. Japan
13. China
PART FIVE: INFORMING INTERNATIONAL EQUITY MARKETS
14. Investors and listed companies
15. Transparency and disclosure
16. Issues in multinational accounting
Index
732 pages, Paperback
Features
Chapters on research in international accounting, commended by users of previous editions.
Coverage of use of accounting information by global market participants.
Includes examples of accounting practices drawn from the published accounts and reports of
multinational companies such as Heineken, Kingfisher, Kodak and Wal-Mart.
A chapter on ‘issues in multinational accounting’ provides a comparative discussion of
national practices in relation to IFRS.
