Contents

Cover

Title Page

Copyright

Foreword

About the book

About the authors

Epigraph

Preface

Acknowledgements

Introduction

LEADING TO A NEW REPORTING PARADIGM – CONCEPT MAP

Part One: International Financial Reporting Standards (IFRS)

TIPS FOR READERS

Chapter One: Introduction to and objectives of IFRS

Chapter Two: How important are IFRS to business and global acceptance?

2.1 IFRS AND LEGAL OBJECTIVES

2.2 CONVERGENCE OF IFRS AND US GAAP

2.3 RECONCILIATION TO US GAAP

2.4 IOSCO, REGULATORS AND ENFORCEMENT

Chapter Three: Governance and accountability of the IFRS Foundation

3.1 HISTORY, STRUCTURE AND FINANCE

3.2 THE MONITORING BOARD AND IFRS FOUNDATION TRUSTEES

3.3 IASB MEMBERS, DUE PROCESS AND IFRS INTERPRETATIONS COMMITTEE

3.4 IFRS ADVISORY COUNCIL

Chapter Four: Framework, standards and interpretations of IFRS

4.1 FRAMEWORK

4.2 INTERNATIONAL FINANCIAL REPORTING STANDARDS

4.3 IFRS FOR SMALL AND MEDIUM-SIZED ENTERPRISES VERSUS PRIVATE COMPANIES

4.4 INTERPRETATIONS TO STANDARDS

Chapter Five: IFRS Practice Statement Management Commentary

Chapter Six: Future plans

Chapter Seven: New presentation formats

7.1 MODEL FINANCIAL STATEMENTS

7.2 NEW FINANCIAL STATEMENT PRESENTATION

Chapter Eight: Contents of IFRS book

Chapter Nine: Glossary for IFRS

Chapter Ten: Index to Ifrs Book

Part Two: IFRS Disclosures, Other Reporting Standards and Assurance

TIPS FOR READERS

Chapter One: IFRS disclosure

1.1 SUMMARY OF DISCLOSURES

1.2 DISCLOSURE CHECKLISTS

1.3 IFRS DISCLOSURE EXAMPLES

Chapter Two: Other reporting standards

2.1 INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS)

2.2 STATISTICS-BASED STANDARDS

2.3 INTERNATIONAL VALUATION STANDARDS COUNCIL (IVSC)

2.4 VALUATION RESOURCE GROUP

2.5 IEEE

2.6 ISO

2.7 ACCOUNTABILITY

2.8 OTHER STANDARDS

2.9 ONEREPORT

2.10 TAXATION

Part Three: XBRL – Using Technology to Implement Standards

TIPS FOR READERS

Chapter One: XBRL

1.1 XML – THE TECHNICAL BASIS OF XBRL

1.2 BENEFITS OF XBRL

1.3 USERS OF XBRL – WORLDWIDE

Chapter Two: XBRL and IFRS

2.1 OVERVIEW

2.2 THE IFRS TAXONOMY

2.3 IFRS FOUNDATION AND TRANSLATION

2.4 SUPPORT MATERIALS

2.5 FUTURE STEPS

Chapter Three: Organising and collecting data

3.1 FASB CODIFICATION AND XBRL TAXONOMY

3.2 ILLUSTRATIVE FINANCIAL STATEMENTS

3.3 XBRL FOR INTEGRATED REPORTING

3.4 CONTENT ANALYSIS

Chapter Four: Using systems to organise and collect data

4.1 ERP SYSTEMS AND SPREADSHEETS

4.2 SAP, ORACLE AND CLOUD

Chapter Five: Opportunities to integrate and track data objects

5.1 GROWING INTEREST AMONG STAKEHOLDERS

Part Four: Tracking Objects – A Paradigm Shift in Business Reporting

TIPS FOR READERS

Chapter One: Introduction

Chapter Two: Developments in new reporting models

Chapter Three: Recognition and de-recognition

Chapter Four: Discussing measurement

Chapter Five: A comprehensive business reporting model

Chapter Six: Future reporting: the object and value supply chain

Chapter Seven: Integrated reporting

7.1 INTEGRATED REPORTING <IR>

7.2 LANDSCAPE OF INTEGRATED REPORTING

Chapter Eight: Object tracking

8.1 OBJECT RECOGNITION

8.2 DATA MANAGEMENT

8.3 TAGGING

8.4 TRACKING

Part Five: IFRS + XBRL = driving change

TIPS FOR READERS

PREAMBLE

Chapter One: The need for increased acceptance of IFRS

1.1 NATIONAL ACCOUNTING STANDARDS VERSUS IFRS

1.2 PARTIAL ACCEPTANCE OF IFRS

CHAPTER TWO: The need for increased acceptance of XBRL

Chapter Three: Additional issues

Chapter Four: Conclusion

Acronyms

References

LINKS

REFERENCES

Appendix A: IFRS example – for familiarisation

Appendix B: SNA 2008 – Contents

Glossary of IFRS terms

Index

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