Download or read book Principles of Group Accounting under IFRS written by Andreas Krimpmann and published by John Wiley & Sons. This book was released on 2015-03-18 with total page 856 pages. Available in PDF, EPUB and Kindle. Book excerpt: A professional perspective to implementing IFRS 10, 11, and12 The new International Financial Reporting Standards (IFRS) 10,11, and 12 are changing group accounting for many businesses. Asbusiness becomes increasingly global, more and more firms will needto transition using the codes and techniques described inPrinciples of Group Accounting under IFRS. This book is apractical guide and reference to the standards related toconsolidated financial statements, joint arrangements, anddisclosure of interests. Fully illustrated with a step-by-step casestudy, Principles of Group Accounting under IFRS is equallyvaluable as an introductory text and as a reference for addressingspecific issues that may arise in the process of consolidatinggroup accounts. The new international standards will bring about significantchanges in group reporting, and it is essential for accountants,auditors, and business leaders to understand their implications.Author Andreas Krimpmann is an internationally recognized authorityon the transition from GAAP to IFRS, and this new text comespackaged with GAAP/IFRS comparison resources that will help makethe changes clear. Other bonus resources include an Excel-basedconsolidation tool, checklists, and a companion website with thelatest information. Learn about: Definitions, requirements, processes, and transition techniquesfor IFRS 10, 11, and 12 covering group level accounting Practical implementation strategies demonstrated through aclear case study of a midsize group Key concepts related to consolidated financial statements,joint ventures, management consolidation, and disclosure ofinterests Comparisons between GAAP and IFRS to clarify the requiredchanges for international firms Whatever stage of the consolidation process you are in, you willappreciate the professional perspective in Principles of GroupAccounting under IFRS.