Cover image for Wiley IAS 2002 : interpretation and application of International Accounting Standards
Wiley IAS 2002 : interpretation and application of International Accounting Standards
Epstein, Barry Jay, 1946-
Personal Author:
Publication Information:
New York : Wiley, 2002.
Physical Description:
1014 pages ; 24 cm
General Note:
Includes index.
Added Author:
Added Title:
IAS 2002.
Electronic Access:
Table of contents
Format :


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Material Type
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HF5626 .E673 2002 Adult Non-Fiction Non-Fiction Area

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For many years the International Accounting Standards Committee (IASC) has been working to develop a set of accounting standards which can be used to bring about uniformity in financial reporting around the world. Wiley IAS 2002 provides the tools for understanding those standards and offers expertise on how to use and implement them.
This book is a must for any company that operates globally. IAS is growing in popularity around the world and it is now important for all financial professionals to understand how to interpret and apply IAS standards

Author Notes

BARRY J. EPSTEIN, PhD, CPA, is a Partner at Gleeson, Sklar, Sawyers & Cumpata LLP, Chicago, Illinois.
ABBAS ALI MIRZA, ACA, AICWA, CPA, is a Partner at Deloitte & Touche, Dubai, United Arab Emirates.

Table of Contents

Chapter 1 Introduction to International Accounting Standardsp. 1
Appendix A Current International Accounting Standards and SICp. 36
Appendix B The IOSCO Recommendations for the Use of International Accounting Standardsp. 39
Appendix C Case Study Illustrating Possible Supplemental Treatments under the IOSCO's Recommendationsp. 66
Appendix D US GAAP Reconciliation and Restatementp. 68
Chapter 2 Balance Sheetp. 75
Chapter 3 Income Statement, Statement of Changes in Equity, and Statement of Recognized Gains and Lossesp. 102
Chapter 4 Cash Flow Statementsp. 132
Chapter 5 Financial Instruments--Cash and Receivablesp. 162
Chapter 6 Inventoryp. 218
Chapter 7 Revenue Recognition, Including Construction Contract Accountingp. 254
Appendix Accounting under Special Situations--Guidance from US GAAPp. 281
Chapter 8 Property, Plant, and Equipmentp. 284
Chapter 9 Intangible Assetsp. 334
Chapter 10 Financial Instruments--Investments in Joint Ventures, Associates, and Investment Propertyp. 358
Appendix Schematic Summarizing Treatment of Investment Propertyp. 452
Chapter 11 Business Combinations and Consolidated Financial Statementsp. 453
Chapter 12 Current Liabilities, Provisions, Contingencies, and Events After the Balance Sheet Datep. 515
Chapter 13 Financial Instruments--Long-Term Debtp. 546
Chapter 14 Accounting for Leasesp. 567
Appendix A Special Situations Not Yet Addressed by IAS 17p. 607
Appendix B Leveraged Leasesp. 615
Chapter 15 Accounting for Income Taxesp. 621
Appendix Accounting for Income Taxes in Interim Periodsp. 668
Chapter 16 Accounting for Employee Benefitsp. 681
Chapter 17 Stockholders' Equityp. 711
Appendix A Illustration of Financial Statement Presentationp. 719
Appendix B Additional Guidance under US GAAPp. 721
Chapter 18 Earnings Per Sharep. 744
Chapter 19 Interim Financial Reportingp. 759
Chapter 20 Segment Reportingp. 780
Chapter 21 Accounting Changes and Correction of Fundamental Errorsp. 797
Chapter 22 Foreign Currencyp. 814
Appendix Additional Guidance from US GAAPp. 840
Chapter 23 Related-Party Disclosuresp. 844
Chapter 24 Specialized Industry Accountingp. 855
Chapter 25 Accounting for Inflation and Hyperinflationp. 918
Appendix Monetary vs. Nonmonetary Itemsp. 946
Chapter 26 Government Grantsp. 947
Appendix Disclosure Checklistp. 958
Indexp. 1001