IFRS for Small and Medium-Sized Enterprises Structuring the Transition Process /

• Κύριος συγγραφέας: Wittsiepe, Richard (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Wiesbaden : Gabler, 2008.
• Θέματα: Business.; Accounting.; Bookkeeping.; Business and Management.; Accounting/Auditing.

 In the process of converting to IFRS, a number of practical questions arise concerning the structures of the accounting area department of medium-sized enterprises as well as the issue of effectively updating financial statements once converted, which have thus far not been addressed in the debate. Richard Wittsiepe analyses the relevant IFRS statements with a view to possibly integrating them into existing workflows in an annual audit. He weighs the key issues of conversion by comparing them with the 4th EU Directive for accounting within the EU. The aim is to visualise the workflows as the basis for creating support software which can make a key contribution to cost-effective conversion. This approach permits the effective integration of existing resources of medium-sized enterprises in cooperation with their specialist advisors. 

 European Accounting and Financial Reporting Environment -- General Developments within the European Union -- Theory of International Accounting -- Harmonisation of Accounting Systems in the European Union -- The 4th EU Directive/IFRS Framework — Main Differences -- Financial Accounting and Reporting in the European Union -- Small and Medium-Sized Companies — Analysing the Transition Process -- The Project of the IASB for Small and Medium-Sized Entities -- Hierarchy of IFRS Statements -- The Audit Process — Theory and Practice Developments -- The Auditing Profession and Structure of the Audit Process -- Standard Audit Process — Theory and Concepts -- Standard Audit Procedures and Structure of IFRS Level I Statements -- — Detailed Relevant IAS Statements Ist Level — Decision Structure -- Inventories and Cost of Sales Section -- IAS 11-Construction Contracts -- Property, Plant and Equipment -- IAS 17-Leases -- IAS 40 — Investment Property -- IFRS 5 — Non-Current Assets Held for Sale and Discontinued Operations -- IAS 36 — Impairment of Assets -- IAS 38 — Intangible Assets -- IAS 37 — Provisions, Contingent Liabilities and Contingent Assets -- IAS 12-Income Taxes -- IAS 18 — Revenue Recognition -- IAS 8 — Accounting Policies, Changes in Accounting Estimates and Errors.