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Intermediate Accounting: IFRS Edition, Volume 1, 1st Edition


US public companies will have to follow International Financial Reporting Standards as of January 1, 2011. Weygandt’s Financial Accounting: IFRS introduces challenging accounting concepts with examples that are familiar to the student while incorporating the new global accounting standards. Following the reputation for accuracy, comprehensiveness, and currency, Weygandt guides students through financial accounting and the period of transition for IFRS readiness. The text prepares student for the requirements they will follow in the coming years.

Chapter 1 Financial Accounting and Accounting Standards.

Chapter 2 Conceptual Framework for Financial Reporting.

Chapter 3 The Accounting Information System.

Chapter 4 Income Statement and Related Information.

Chapter 5 Statement of Financial Position and Statement of Cash Flows.

Chapter 6 Accounting and the Time Value of Money.

Chapter 7 Cash and Receivables.

Chapter 8 Valuation of Inventories: A Cost-Basis Approach.

Chapter 9 Inventories: Additional Valuation Issues.

Chapter 10  Acquisition and Disposition of Property, Plant, and Equipment.

Chapter 11 Depreciation, Impairments, and Depletion.

Chapter 12 Intangible Assets.

Chapter 13 Current Liabilities, Provisions, and Contingencies.

Chapter 14 Non-Current Liabilities.