Accounting for Financial Instruments – Standards, Interpretations, and Implementation Guidance
This publication contains current text of Standards, Interpretations, and Implementation Guidance on the accounting for financial instruments as of 15 July 2001. It includes:
- IAS 39, Financial Instruments: Recognition and Measurement,
- IAS 32, Financial Instruments: Disclosure and Presentation,
- SIC Interpretations related to the accounting for financial instruments, and
- IAS 39 Implementation Guidance: Questions and Answers issued by the IAS 39 Implementation Guidance Committee.
These documents collectively establish principles for recognising, measuring, presenting, and disclosing information about financial instruments in the financial statements of all enterprises in accordance with international standards and discuss the application of those principles.
The IASB staff has prepared this document to facilitate access to existing requirements and guidance on the accounting for financial instruments, in particular the IAS 39 Implementation Guidance, which was not previously available in the printed format, by bringing them together in a single volume, providing cross-references to implementation guidance questions and answers in foot notes to individual paragraphs in IAS 39, and adding index.
The publication ISBN is 0-905-625-89-7.
Purchase order form is available on the IASB website at http://www.iasb.org.uk. For additional information please contact IASB publications department: IASB, c/o 7th Floor, 166 Fleet Street, London EC4A 2DY, UK, tel +44 207 427 5927, fax +44 207 353 0562, e-mail publications@iasb.org.uk.
IAS EXPLAINED published by IASB and WILEY Publishing
With increasing globalisation and investment there is increasing pressure to harmonise accounting standards throughout the world so that effective comparisons between companies can be made. Uniformity in financial reporting on a global basis has many advantages: as well as reducing the costs of preparing financial statements for multinational companies, it will also allow investment analysts, investors and other users of company accounts to more accurately access business results around the world.
The International Accounting Standards Board (IASB) is at the forefront of the push towards harmonisation of accounting standards and this book ( in English only) provides timely guidance on its work. It will be essential reading for all those who need to understand IAS and their impact in today’s global economy.
The publication ISBN is 0-471-72037-2.
Purchase order form is available on the IASB website at http://www.iasb.org.uk. For additional information please contact IASB publications department: IASB, c/o 7th Floor, 166 Fleet Street, London EC4A 2DY, UK, tel +44 207 427 5927, fax +44 207 353 0562, e-mail publications@iasb.org.uk.
Accountancy Tuition Centre (ATC) International has developed under a worldwide agreement with International Accounting Standards Board (IASB) the IAS Overview and Application series of publications providing clear and concise guidance on international Accounting Standards (IAS).
The first series of text are already available with more coming later this year.
Available are:
IAS 1 Presentation of Financial Statements
IAS 2 Income Taxes
IAS 36 Impairment of Assets
IAS 37 Provisions, Contingent Liabilities and Contingent Assets
IAS 38 Intangible Assets
IAS 39 Financial Instruments: Recognition and Measurement
Each publication is designed to set out the intention behind the Standard. The format follows a logical step by step approach:
Step 1 What the standards say
Step 2 Clear explanations and commentaries
Step 3 Illustration of the standards in practice
A sample chapter can be downloaded free from http://www.atc-global.com You are welcome to use this site address and the IASB site at http://www.iasb.org.uk to fill out the purchase order form for your own set.
For additional information please contact Katka Benesova at ATC International: Katka.Benesova@atc-global.com, tel +420 602 155270 or IASB Publications Department, 7th floor 166 Fleet Street, London EC4A 2DY, UK, tel +44 207 427 5927, fax +44 207 353 0562, e-mail publications@iasb.org.uk.