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Principles of Group Accounting under IFRS

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Principles of Group Accounting under IFRS by Andreas Krimpmann delves into the complexities of group accounting within the framework of International Financial Reporting Standards. It explores the key principles and methodologies involved in preparing consolidated financial statements, ensuring compliance with established accounting standards. Ideal for finance professionals and students alike, the book provides insights into the intricacies of managing financial reporting for groups of companies.
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This detailed guide offers an exploration of the intricacies of group accounting practices under IFRS, making it perfect for finance professionals or students looking to deepen their understanding of international financial reporting standards. You might enjoy this book if you are keen on mastering how complex financial statements for groups are prepared and presented according to global standards.

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A professional perspective to implementing IFRS 10, 11, and 12 The new International Financial Reporting Standards (IFRS) 10, 11, and 12 are changing group accounting for many businesses.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

A professional perspective to implementing IFRS 10, 11, and 12

The new International Financial Reporting Standards (IFRS) 10, 11, and 12 are changing group accounting for many businesses. As business becomes increasingly global, more and more firms will need to transition using the codes and techniques described in Principles of Group Accounting under IFRS. This book is a practical guide and reference to the standards related to consolidated financial statements, joint arrangements, and disclosure of interests. Fully illustrated with a step-by-step case study, Principles of Group Accounting under IFRS is equally valuable as an introductory text and as a reference for addressing specific issues that may arise in the process of consolidating group accounts.

The new international standards will bring about significant changes in group reporting, and it is essential for accountants, auditors, and business leaders to understand their implications. Author Andreas Krimpmann is an internationally recognized authority on the transition from GAAP to IFRS, and this new text comes packaged with GAAP/IFRS comparison resources that will help make the changes clear. Other bonus resources include an Excel-based consolidation tool, checklists, and a companion website with the latest information.

Learn about:

  • Definitions, requirements, processes, and transition techniques for IFRS 10, 11, and 12 covering group level accounting
  • Practical implementation strategies demonstrated through a clear case study of a midsize group
  • Key concepts related to consolidated financial statements, joint ventures, management consolidation, and disclosure of interests
  • Comparisons between GAAP and IFRS to clarify the required changes for international firms

Whatever stage of the consolidation process you are in, you will appreciate the professional perspective in Principles of Group Accounting under IFRS.

Series: Wiley Regulatory Reporting

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  • Principles of Group Accounting under IFRS
    A professional perspective to implementing IFRS 10, 11, and 12 The new International Financial Reporting Standards (IFRS) 10, 11, and 12 are changing group accounting for many businesses. As business becomes increasingly global, more and more firms will need to transition using the codes and techniques described in Principles of Group Accounting under IFRS. This book is a practical guide...
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Book Details

INFORMATION

ISBN: 9781118751411

Publisher: John Wiley & Sons Inc

Format: Paperback / softback

Date Published: 10 April 2015

Country: United States

Imprint: John Wiley & Sons Inc

Audience: Professional and scholarly

DIMENSIONS

Spine width: 46.0mm

Width: 188.0mm

Height: 234.0mm

Weight: 1515g

Pages: 864

About the Author

Andreas Krimpmann, Berlin, Germany, is a Certified Public Accountant and owner of Krimpmann MBA ▪ CPA, providing consulting and services in financial and management accounting. He is Head of the IFRS and Controlling working group of the Internationaler Controllerverein and Head of the IFRS-Practice Committee of the German CPA Society. Andreas is also an Associate Professor at Berlin universities (Beuth University of Applied Sciences and HTW University of Applied Sciences) for accounting, management accounting and taxes and teaches IFRS and group accounting at various training academies and educational institutions (e.g. Haufe Academy).

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