International GAAP® 2021 : generally accepted accounting practice under international financial reporting standards

Cover Page -- Title Page -- Copyright Page -- About this book -- Preface -- Lists of chapters -- Volume 1 -- Chapter 1 International GAAP -- 1 Why International Financial Reporting Standards Matter -- 2 The IFRS Foundation and The IASB -- 3 The IASB'S Technical Agenda and Convergence with us GAAP -- 4 The Adoption of IFRS Around The World -- 5 Consistency in Application of IFRS -- 6 Summary -- Chapter 2 The IASB's Conceptual Framework -- 1 Introduction -- 2 Development of the IASB'S Conceptual Framework and Effective Date -- 3 Contents, Purpose and Scope of the IASB'S Conceptual Framework -- 4 Chapter 1: The Objective of General Purpose financial Reporting -- 5 Chapter 2: Qualitative Characteristics of Useful Financial Information -- 6 Chapter 3: Financial Statements and the Reporting Entity -- 7 Chapter 4: The Elements of Financial Statements -- 8 Chapter 5: Recognition and Derecognition -- 9 Chapter 6: Measurement -- 10 Chapter 7: Presentation and Disclosure -- 11 Chapter 8: Concepts of Capital and Capital Maintenance -- 12 Management Commentary -- Chapter 3 Presentation of financial statements and accounting policies -- 1 Introduction -- 2 The Purpose and Composition of Financial Statements -- 3 The Structure of Financial Statements -- 4 Accounting Policies -- 5 Disclosure Requirements -- 6 Future Developments -- Chapter 4 Non-current assets held for sale and discontinued operations -- 1 Objective and Scope of IFRS 5 -- 2 Non-Current Assets (and Disposal Groups) Held for Sale or Held for Distribution to Owners -- 3 Discontinued Operations -- 4 Comparative Information -- 5 Disclosure Requirements -- 6 Possible Future Developments -- Chapter 5 First-time adoption -- 1 Introduction -- 2 Who is a First-Time Adopter? -- 3 Opening IFRS Statement of Financial Position -- 4 Exceptions to Retrospective Application of other IFRSs.