With more than 120 countries in the world now using international financial reporting standards (IFRS® Standards), knowledge of the standards issued by the International Accounting Standards Board (IASB®) is vital to students’ success in financial accounting. Melville’s __International Financial Reporting__ employs a practical, applied approach in exploring and explaining the key international standards. With a focus on how to implement the standards, this text delivers a focused, user-friendly introduction to international financial reporting. Renowned for clear and concise language, this sixth edition brings the book completely up-to-date with international standards issued as of 1 January 2017. **Key features** * Unique practical approach * Class-tested by professional and degree students * Worked examples with solutions in every chapter * Chapter-end exercises featuring questions from past exam papers of key professional accountancy bodies Part 1 Introduction to Financial Reporting Chapter 1: The regulatory framework Chapter 2: The IASB conceptual framework Chapter 3: Presentation of financial statements Chapter 4: Accounting policies, accounting estimates and errors Part 2 Financial Reporting in Practice Chapter 5: Property, plant and equipmentChapter 6: Intangible assetsChapter 7: Impairment of assetsChapter 8: Non-current assets held for sale and discontinued operationsChapter 9: LeasesChapter 10: InventoriesChapter 11: Financial instrumentsChapter 12: Provisions and events after the reporting periodChapter 13: Revenue from contracts with customersChapter 14: Employee benefitsChapter 15: Taxation in financial statementsChapter 16: Statement of cash flowsChapter 17: Financial reporting in hyperinflationary economies Part 3 Consolidated Financial Statements Chapter 18: Groups of companies (1)Chapter 19: Groups of companies (2)Chapter 20: Associates and joint arrangementsChapter 21: Related parties and changes in foreign exchange rates Part 4 Analysis of Financial Statements Chapter 22: Ratio analysisChapter 23: Earnings per shareChapter 24: Segmental analysis Part 5 Small and Medium-sized Entities Chapter 25: The IFRS for SMEs Standard Part 6 Answers Alan Melville Sixth Edition INTERNATIONAL FINANCIAL REPORTING A Practical Guide “Like Beethoven's sixth, perfectly pitched for the intermediate accounting student!” Raymond Holly, Galway-Mayo Institute of Technology (Ireland) “A practical, no-nonsense guide to IFRS, backed up by plenty of worked examples to illustrate the requirements." Katherine Martin, Nottingham University Business School With more than 120 countries in the world now using international financial reporting standards (IFRS® Standards), knowledge of the standards issued by the International Accounting Standards Board (IASB®) is vital to students' success in financial accounting. Melville's International Financial Reporting employs a practical, applied approach in exploring and explaining the key international standards. With a focus on how to implement the standards, this text delivers a focused, user-friendly introduction to international financial reporting. Renowned for clear and concise language, this sixth edition brings the book completely up-to-date with international standards issued as of 1 January 2017 As the International Financial Reporting Standards Committee makes progress towards widespread acceptance and use of its standards and practices, the need to understand the new standards increases. Alan Melville provides the tools for understanding the standards and offers expert guidance on how to implement them.
