Preparing for International Financial Reporting Standards : Financial Instruments
In 2005 over 7000 European companies, including all UK public companies, will be required to adopt International Accounting Standards for the first time. Amongst the most complex and pervasive of those standards are those on accounting for financial instruments. This book seeks to explain what the requirements are and which requirements an entity needs to worry about. Starting with the basics and proceeding to address more complex issues, the book provides an understanding of what an enterprise needs to do to comply with the standards as well as tips and techniques for making choices in application. Examples should help readers understand the application of the standards to straightforward situations as well as issues encountered by multi-national enterprises. The book also explains the reason why the standard-setters reached particular conclusions, and will provide a comparison of the IAS requirements with US and UK GAAP.
- 31 May 2004
- Lexisnexis UK
- London, United Kingdom