Wiley IAS 98: Interpretation and Application of International Accounting Standards 1998

The international movement toward harmonization of accounting standards has gained momentum in the past several years, and international accounting standards will soon be recognized for cross-border securities registrations. To prepare for compliance with these standards, enterprises involved in the global marketplace need practical guidance and advice from an authoritative source. International Accounting Standards is a hands-on guidebook for those who do the actual work of preparing financial statements, and who must interpret and apply IAS on a daily basis. It provides extensive and detailed interpretation of those complex rules along with a vast number of real-world examples to help explain how the standards are applied. The book also includes a disclosure checklist to help accounting firms and corporate preparers ensure compliance with IAS disclosure requirements. Topics covered include: Researching IAS problems Cash, receivables, short-term investments, and financial instruments Special revenue recognition areas Long-lived assets Business combinations and consolidated financial statements Accounting for income taxes and pensions Specialized industry GAAP And much more This timely, practical, easy-to-use guide is an indispensable tool of the international accounting trade.