Accounting & Auditing

This book investigates the value relevance of the operating cash flow as reported under the International Financial Reporting Standards (IAS/IFRS) for the largest European listed companies and US listed companies in the past recent years. These findings provide significant implications for standard setters and support the continued requirements for disclosure of cash flow information under IAS 7.

International GAAP 2020 is a comprehensive guide to interpreting and implementing International Financial Reporting Standards (IFRS), setting IFRS in a relevant business context, and providing insights into how complex practical issues should be resolved in the real world of global financial reporting. This book is an essential tool for anyone applying, auditing, interpreting, regulating, studying, or teaching IFRS.

Companies in all countries are required to comply with accounting standards. Many countries use the International Accounting Standards issued by the IFRS Foundation. These standards can be complex, but this book explains clearly the main requirements.

This book focuses on the valuation needed to apply IFRS (International Financial Reporting Standards), and provides coverage of financial instruments - indeed this is the starting point of the exposition. The book adopts a logical sequence where models of financial instruments are explained first and models of other assets (such as property, an enterprise, or multiple intangibles) are presented as extensions.

Wiley IFRS® Standards 2021 is a revised and comprehensive resource that includes the information needed to interpret and apply the most recent International Financial Reporting Standards.