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International Financial Reporting Standards (IFRS) Guide by IFRSclass.com

IFRS, IAS, IASB, GAAP, International Financial Reporting Standards U.S. GAAP, FASB, AICPA, International Accounting Standards, Generally Accepted Accounting Principles in the United States

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International Financial Reporting Standards (IFRS) Guide by IFRSclass.com | ifrsclass.com Reviews

https://ifrsclass.com

IFRS, IAS, IASB, GAAP, International Financial Reporting Standards U.S. GAAP, FASB, AICPA, International Accounting Standards, Generally Accepted Accounting Principles in the United States

INTERNAL PAGES

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1

International Accounting Standard 39, Financial Instruments: Recognition and Measurement, IFRS

http://ifrsclass.com/gaap/ifrs/ifrs-10.htm

International Financial Reporting Standard (IFRS) 10. International Financial Reporting Standard (IFRS) 10. First issued in May 2011 with the title, Consolidated Financial Statements. Changed the title of IAS 27 to Separate Financial Statements. Consolidated financial statements are prepared. When an entity controls other entities. Who prepares consolidated financial statements? An entity that is a parent. An entity that controls other entities. An entity that is controlled by another entity.

2

International Financial Reporting Standards (IFRS) by IFRSclass.com

http://ifrsclass.com/gaap/ifrs/ifrs-03.htm

International Financial Reporting Standard 3. International Financial Reporting Standard (IFRS) 3. November 1983: IAS 22 Accounting for Business Combinations. March 2004: IFRS 3 Business Combinations replaced IAS 22. Revised in January 2008. One of the entities in business combination is identified as the acquirer. Acquirer gains control of the acquiree. Others have non-controlling interest in the acquiree. Assets acquired and liabilities assumed. Measured at fair value on acquisition date. IAS 1 - IAS 8.

3

International Financial Reporting Standards (IFRS) Guide by IFRSclass.com

http://ifrsclass.com/ifrs-index.htm

International Financial Reporting Standards (IFRS). IFRS 1 - IFRS 13. IFRSs Issued in 2011. IFRS 1: First-time adoption of International Financial Reporting Standards. IFRS 2: Share-based payment. IFRS 3: Business combinations. IFRS 4: Insurance contracts. IFRS 5: Non-current assets held for sale and discontinued operations. IFRS 6: Exploration for and evaluation of mineral resources. IFRS 7: Financial instruments: disclosures. IFRS 8: Operating segments. IFRS 9: Financial Instruments. IAS 1 - IAS 8.

4

International Financial Reporting Standards (IFRS) Guide by IFRSclass.com

http://ifrsclass.com/gaap/ifrs/ifrs-index.htm

International Financial Reporting Standards (IFRS). IFRS 1 - IFRS 13. IFRSs Issued in 2011. IFRS 1: First-time adoption of International Financial Reporting Standards. IFRS 2: Share-based payment. IFRS 3: Business combinations. IFRS 4: Insurance contracts. IFRS 5: Non-current assets held for sale and discontinued operations. IFRS 6: Exploration for and evaluation of mineral resources. IFRS 7: Financial instruments: disclosures. IFRS 8: Operating segments. IFRS 9: Financial Instruments. IAS 1 - IAS 8.

5

IFRS News and Update Blog by IFRSclass.com

http://ifrsclass.com/ifrs/blog/ifrs-news-update-blog.htm

International Financial Reporting Standards. IFRS News and Updates. IFRS News and Updates in 2011. IFRSs Issued in 2011. IFRSs 10, 11, 12, 13 were issued in May 2011. IFRS 13 Fair Value Measurement. Issued in May 2011, Fair Value Measurement. IFRS 12 Disclosure of Interests in Other Entities. Issued in May 2011, Disclosure of Interests in Other Entities. IFRS 11 Joint Arrangements. Issued in May 2011, Joint Arrangements. IFRS 11 superseded IAS 31 Interests in Joint Ventures in May 2011. IFRS 9 was revise...

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International Financial Reporting Standards (IFRS) Guide by IFRSclass.com

International Financial Reporting Standards (IFRS). IFRS 1 - IFRS 13. IFRSs Issued in 2011. IFRS 1: First-time adoption of International Financial Reporting Standards. IFRS 2: Share-based payment. IFRS 3: Business combinations. IFRS 4: Insurance contracts. IFRS 5: Non-current assets held for sale and discontinued operations. IFRS 6: Exploration for and evaluation of mineral resources. IFRS 7: Financial instruments: disclosures. IFRS 8: Operating segments. IFRS 9: Financial Instruments. IAS 1 - IAS 8.

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