This is the global version of Deloitte’s iGAAP manual providing an indispensable guide for entities reporting under International Financial Reporting Standards (IFRS).

This book provides essential and relevant guidance on a wide range of issues with analysis of key considerations for reporting entities coupled with clear and unambiguous explanation of IFRS requirements.

For further support, there is expert commentary and a wealth of illustrative examples to demonstrate how the standards work in practice.

Deloitte has achieved a world class reputation for their comprehensive understanding of the latest developments in financial reporting. The result is this definitive reference to reporting under the strict requirements of full IFRS.

Contents

1. About International Financial Reporting Standards
2. Framework for the preparation and presentation of financial statements
3. Presentation of financial statements
4. Accounting policies, changes in accounting estimates and errors
5. First-time adoption of IFRSs
6. Property, plant and equipment
7. Investment property
8. Intangible assets
9. Impairment of assets
10. Inventories
11. Provisions, contingent liabilities and contingent assets
12. Income taxes
13. Financial instruments: scope
14. Financial instruments: financial assets
15. Financial instruments: financial liabilities and equity
16. Financial instruments: derivatives
17. Financial instruments: embedded derivatives
18. Financial instruments: measurement
19. Financial instruments: recognition and derecognition
20. Financial instruments: hedge accounting
21. Financial instruments: disclosure
22. Financial instruments: first time adoption of IFRSs
23. Revenue
24. Employee benefits
25. Share-based payment
26. Leases
27. Borrowing costs
28. Foreign exchange
29. Non-current assets held for sale and discontinued operations
30. Cash flow statements
31. Events after the balance sheet date
32. Related party disclosures
33. Consolidated and separate financial statements
34. Business combinations
35. Investments in associates
36. Interests in joint ventures
37. Operating segments (IFRS 8)
38. Earnings per share
39. Interim financial reporting
40. Construction contracts
41. Government grants
42. Financial reporting in hyperinflationary economies
43. Agriculture
44. Insurance contracts
45. Accounting and reporting by retirement benefit plans