International GAAP 2021International GAAP 2021 is a detailed guide to interpreting and
implementing International Financial Reporting Standards (IFRS). By setting IFRS in a relevant
business context it provides insights on how complex practical issues should be resolved in
the real world of global financial reporting. This book is an essential tool for anyone
applying auditing interpreting regulating studying or teaching IFRS.Written by EY financial
reporting professionals from around the world this three-volume guide to reporting under IFRS
provides a global perspective on the application of IFRS. The book explains complex technical
accounting issues clearly by setting IFRS in a practical context with numerous worked examples
and hundreds of illustrations from the published financial reports of major listed companies
from around the world.Volume 1 contains the following chapters and sections: International GAAP
The IASB's Conceptual Framework Presentation of financial statements and accounting policies
Non-current assets held for sale and discontinued operations First-time adoption Consolidated
financial statements Consolidation procedures and non-controlling interests Separate and
individual financial statements Business combinations Business combinations under common
control Investments in associates and joint ventures Joint arrangements Disclosure of interests
in other entities Fair value measurement Foreign exchange Hyperinflation Intangible assets
Property plant and equipment Investment property Impairment of fixed assets and goodwill
Capitalisation of borrowing costs InventoriesIndex of extracts from financial statements for
all three volumesIndex of standards for all three volumesIndex for all three volumesThis book
is printed on acid-free paper responsibly manufactured from well-managed FSC-certified forests
and other controlled sources.This material has been prepared for general informational purposes
only and is not intended to be relied upon as accounting tax legal or other professional
advice. Please refer to your advisors for specific advice.ey.com igaap
