Items related to Australian Accounting Standards
Synopsis
Australian Accounting Standards has been thoroughly updated in the second edition to reflect the Australian equivalents of the International Financial Reporting Standards. Since the early adoption of IFRS in 2005, Australia has kept pace with international standard setters to ensure that Australian accounting standards align and harmonise with IFRS.
The continuing focus of the second edition is on the interpretation, analysis, illustration and application of the scope and purpose of various Australian accounting standards. Each chapter contains numerous illustrative examples to ensure that the student gains a deep understanding of all the reporting requirements under the respective accounting standard to meet the expectations of the profession.
The coverage of accounting standards has been expanded in the new edition with the inclusion of new chapters on AASB 6 Exploration for and Evaluation of Mineral Resources, AASB 118 Revenue, AASB 119 Employee benefits and AASB 141 Agriculture. This textbook has been written for intermediate and advance courses on financial accounting at both undergraduate and postgraduate level.
"synopsis" may belong to another edition of this title.
From the Back Cover
Australian Accounting Standards, 2nd edition, has been thoroughly updated to refl ect the Australian equivalents of International Financial Reporting Standards (IFRSs). Since the early adoption of IFRSs in 2005, the Australian Accounting Standards Board has kept pace with international standard setters to ensure that Australian Accounting Standards align and harmonise with IFRSs.
The continuing focus of the second edition of this book is on the interpretation, analysis, illustration and application of the scope and purpose of Australian Accounting Standards.
Each chapter contains numerous illustrative examples to ensure that users gain a deep understanding of the reporting requirements under the respective accounting standards to meet the expectations of the accounting profession.
Features
- Fact sheets summarise the scope and key reporting requirements associated with each accounting standard. These fact sheets are ideal for student review and exam preparation.
- Step-by-step analysis of AASBs and their scope, objectives and reporting requirements.
- Relevant issues and practical workings associated with the selected AASBs.
- Illustrative examples positioned throughout the chapters, where relevant, show the financial reporting procedures and further develop conceptual understanding of the accounting processes.
- Real-world fi nancial data via extracts from annual reports of well-known Australian companies illustrate disclosure policies and how companies prepare and report financial performance and position in accordance with AASBs.
- Authoritative authors provide insightful and informed analysis of the financial reporting procedures.
Wiley. Preparing you for the profession.
About the Author
Ruth Picker, BA, FCA, FSIA, FCPA, is Global Director, Global IFRS Services with Ernst & Young.
Ruth has had 25 years’ experience with Ernst & Young and held various leadership roles during this time. Up until June 2009, Ruth was Managing Partner — Melbourne and the Oceania Team Leader of Climate Change and Sustainability Services. Prior to this role Ruth was a senior partner in the Technical Consulting Group, Global IFRS and the fi rm’s Professional Practice Director (PPD) responsible for directing the fi rm’s accounting and auditing policies with the ultimate authority on accounting and auditing issues. She is a member of Ernst & Young’s global International Financial Reporting Standards (IFRS) Policy Committee.
Ruth’s authoritative insight and understanding of accounting policy and regulation was acknowledged through her appointment to the International Financial Reporting Interpretations Committee (IFRIC), the offi cial interpretative arm of the International Accounting Standards Board. She is currently a member of the IFRIC and the only Australian on that body.
Ruth was responsible for the preparation of Ernst & Young’s Corporate Governance Series (which includes guidance for directors and results of numerous corporate governance surveys) and subsequent advice to a number of entities in both the private and public sectors on the application of corporate governance.
Ruth has conducted numerous ‘Directors’ Schools’ for listed company boards. These schools were designed by Ruth and are aimed at enhancing the fi nancial literacy of listed company board members.
She is a frequent speaker and author on accounting issues and has been actively involved in the Australian accounting standard-setting process, being a past member and former deputy chair of the Australian Accounting Standards Board (AASB) and having served on the Urgent Issues Group for 3 years. She has been a long-standing lecturer and Task Force member for the Securities Institute of Australia, serving that organisation for 17 years.
Her written articles have been published in a number of publications, and she is frequently quoted in the media on accounting and governance issues.
In November 2000, Ruth was awarded the inaugural ‘Lynne Sutherland Award‘ — an Ernst & Young award created to recognise those people at Ernst & Young who contribute to the development and retention of women and who support and enhance the ability of Ernst & Young to attract and retain talented people.
Ken Leo, BCom (Hons), MBA (Qld), AAUQ, FCPA, is Professor of Accounting at Curtin University of Technology, Western Australia. During his 40 years as an academic, he has taught company accounting to undergraduate and postgraduate students. He has been involved in writing books published by John Wiley since 1981, and has also written books and monographs for other organisations including CPA Australia, Group of 100 and the Australian Accounting Research Foundation.
As a founding member of the Urgent Issues Group in 1995, he served on this body until 2001. He subsequently served on the AASB from 2002 to 2007, including being deputy chairman of the AASB for some of that time.
Janice Loftus, BBus, MCom (Hons), is a senior lecturer in accounting at The University of Sydney.
Her teaching interests are in the area of fi nancial accounting and she has written several study guides for distance learning programs. Janice’s research interests are in the area of fi nancial reporting. She co-authored Accounting Theory Monograph 11 on solvency and cash condition with Professor M. C. Miller. She has numerous publications on international fi nancial reporting standards, risk reporting, solvency, earnings management, social and environmental reporting, and developments in standard setting in Australian and international journals. Janice co-authored Accounting: Building Business Skills published by John Wiley & Sons. She is the editor of Financial Reporting, Regulation and Governance. Prior to embarking on an academic career, Janice held several senior accounting positions in Australian and multi-national corporations.
Kerry Clark, BCom, CA, Executive Director — Technical Consulting Group, Global IFRS, has had 17 years’ experience with Ernst & Young and is currently on secondment to the Ernst & Young Calgary office in Canada assisting many of Canada’s largest oil and gas companies in their conversion to IFRSs. Prior to this she was a key member of the Technical Consulting Group, Global IFRS in the Ernst & Young Melbourne offi ce in Australia where she was responsible for advising clients on the application of IFRSs to complex transactions. Kerry has been involved in the authoring of many Ernst & Young publications and Charter magazine articles and assisted Ruth Picker in conducting ‘Directors’ Schools’ for listed company boards. She has also spoken on accounting issues in many different forums.
Victoria Wise, BCom, MEcon, PhD, FCPA, FPNA, is a Professor in the School of Accounting and Corporate Governance at the University of Tasmania, Hobart. During her 20 years as an academic she has taught fi nancial accounting and auditing to undergraduate, honours and postgraduate students. Victoria has more than 130 publications including books and book chapters, refereed and professional journal articles and conference proceedings. Her journal articles focus on International Financial Reporting Standards, corporate governance and regulatory issues, and public sector and small business fi nancial reporting. Her current research interests include corporate regulation and governance.
"About this title" may belong to another edition of this title.
- PublisherWiley
- Publication date2009
- ISBN 10 0470818263
- ISBN 13 9780470818268
- BindingPaperback
- LanguageEnglish
- Edition number2
- Number of pages1310
(No Available Copies)
Search Books: Create a WantCan't find the book you're looking for? We'll keep searching for you. If one of our booksellers adds it to AbeBooks, we'll let you know!
Create a Want