Accounting for financial instruments is one of the most complex and taxing areas in accounting today that needs to be understood by all practicing accountants. The International Financial Reporting Standards that govern this area of accounting are often difficult to understand and interpret. PwCas Manual of Accounting - Financial Instruments 2012 is a thoroughly comprehensive, clearly explained and informative guide to these standards. It contains practical worked examples and extracts from company financial statements that help to illustrate the explanations. Key changes from previous edition include updated guidance on: IFRS 9 - including aspects on liabilities issued in November 2010; Consequential amendments of IFRS 9; IASB amendment to IFRS 7, aFinancial instruments: Presentationa, on derecognition; Annual improvements 2010; IFRIC agenda decisions; New extracts and examples. This book draws on the combined expertise and experience of financial instrument specialists in PWCas Global Accounting Consulting Services team. It will be of particular interest to preparers and users of IFRS financial statements and others who require a detailed knowledge of financial instruments accounting. Analysts, academics and students will also find it a valuable reference tool.8.138 Where a put option written by an entity prevents a transferred asset measured at fair value from being derecognised, the transferred asset is measured at the lower of the fair value and the option exercise price. [IAS 39 para 30(b)].
|Title||:||Manual of Accounting: Financial Instruments 2012|
|Author||:||PricewaterhouseCoopers (Firm), PwC|
|Publisher||:||A&C Black - 2011-12-31|