IFRS manual of accounting

IFRS for India and Indian Accounting Standards 2012 Pack

Manual of accounting: IFRS for India and Indian Accounting Standards 2012 offers the following:

  • Insights into accounting for issues commonly seen in India
  • Though the Ind AS are derived from IFRS, there are some significant differences between Ind AS and IFRS. This book highlights and explains areas of difference
  • Interaction between financial reporting under IFRS/ Ind AS and Companies Act in certain key areas
  • Latest views and interpretations from PwC

Manual of accounting: Financial instruments for India 2012 offers the following:

  • An explanation of the differences between Ind AS and IFRS
  • Additional guidance regarding issues commonly seen in India, including implications of the Companies Act
  • IFRS 9 – including aspects on liabilities issued in November 2010
  • Consequential amendments of IFRS 9
  • IASB amendment to IFRS 7, ‘Financial instruments: Presentation’, on derecognition
  • Annual improvements 2010
  • IFRIC agenda decisions
  • New extracts from accounts and examples

The 2012 set includes:

  • Manual of accounting: IFRS for India and Indian Accounting Standards 2012 – volumes 1 and 2
  • Manual of accounting: Financial instruments for India 2012
  • Illustrative IFRS corporate consolidated financial statements for 2011 year ends

The comprehensive global guide to IFRS 2012

The IFRS manual of accounting offers the following:

  • Straight forward explanations on how to prepare financial statements in accordance with IFRS
  • Insights based on PwC's IFRS experience around the world, with input from over 100 members of the Global Accounting Consulting Services authoring team
  • Updated practical worked examples and extracts from company reports as well as model IFRS financial statements, which help to illustrate the explanations.

The manual is updated with the following information:

  • Guidance on IASB amendments to IFRS 1 on hyperinflation and fixed dates; to IAS 12 on deferred tax and to IAS 1 on other comprehensive income.
  • New chapters on the new standards published in 2011, including those on consolidated financial statements, joint arrangements, separate financial statements, associates and joint ventures, fair value measurement and employee benefits
  • Conceptual Framework 2010
  • Annual Improvements 2010
  • IFRIC agenda decisions
  • IASB practice statement on management commentary

The 2012 set includes:

  • Manual of accounting - IFRS 2012
  • Manual of accounting - Financial instruments 2012
  • Illustrative IFRS corporate consolidated financial statements for 2011 year ends