Table of Contents
About the Authors vii
1 Introduction to International Financial Reporting Standards 1
2 Conceptual Framework 27
3 Presentation of Financial Statements 45
4 Statement of Financial Position 65
5 Statements of Profit or Loss and Other Comprehensive Income, and Changes in Equity 81
6 Statement of Cash Flows 101
7 Accounting Policies, Changes in Accounting Estimates, and Errors 119
8 Inventories 139
9 Property, Plant and Equipment 157
10 Borrowing Costs 185
11 Intangible Assets 193
12 Investment Property 221
13 Impairment of Assets and Non-Current Assets Held for Sale 235
14 Consolidations, Joint Arrangements, Associates and Separate Financial Statements 257
15 Business Combinations 309
16 Shareholders’ Equity 361
17 Share-Based Payment 383
18 Current Liabilities, Provisions, Contingencies and Events After the Reporting Period 417
19 Employee Benefits 449
20 Revenue from Contracts with Customer 475
21 Government Grants 515
22 Leases 527
23 Foreign Currency 583
24 Financial Instruments 615
25 Fair Value 737
26 Income Taxes 767
27 Earnings per Share 803
28 Operating Segments 821
29 Related Party Disclosures 839
30 Accounting and Reporting by Retirement Benefit Plans 853
31 Agriculture 861
32 Extractive Industries 877
33 Accounting for Insurance Contracts 887
34 Interim Financial Reporting 905
35 Hyperinflation 925
36 First-Time Adoption of International Financial Reporting Standards 935
Index 967