Solution Manual International Financial Reporting Standards 2nd Edition Needles
Table of Contents
1. BACKGROUND OF IFRS.
2.THE STRUCTURE OF IFRS.
3. KEY DIFFERENCES BETWEEN IFRS AND U.S. GAAP.
4. IFRS for SMEs.
5. THE CURRENT STATUS AND FUTURE OF IFRS.
Descriptions (We sell test banks and solutions manuals only)
Beginning January 1, 2011, International Financial Reporting Standards will be covered on the CPA examination. There will not be separate sections on IFRS, but the subject will be integrated in three of the four sections on the exam, including the Financial Reporting section, the Auditing section, and the Business Environment section. CPAs will need to have a broad understanding of the background and nature of IFRS and how IFRS differs from U.S. GAAP. International Financial Reporting Standards: An Introduction, 2nd Edition is effective in helping students to become “CPA Ready.” INTERNATIONAL FINANCIAL REPORTING STANDARDS introduces accounting students to the status of IFRS and the impact on the financial reporting environment. This booklet delivers the relevant content, trusted authorship, and appropriate scope for learners new to the subject. INTERNATIONAL FINANCIAL REPORTING STANDARDS delivers content relevant to students, including the history, structure, and status of IFRS, as well as its relationship to US GAAP. Bel Needles and Marian Powers provide their expertise on the subject of IFRS as well as their understanding of the needs of the beginning accounting student. This booklet delivers the basics of IFRS coverage in a few hours of study and includes review questions.
Meet the Authors
Belverd E. Needles, Jr., received his BBA and MBA degrees from Texas Tech University and his PhD degree from the University of Illinois at Urbana-Champaign. He teaches financial accounting, managerial accounting, and auditing at DePaul University, where he is an internationally recognized expert in international accounting and education. He has published in leading journals and is the author or editor of more than 20 books and monographs. His current research relates to international financial reporting, performance measurement, and corporate governance of high-performance companies in the United States, Europe, India, and Australia. His textbooks are used throughout the world and have received many awards, including (in 2008) the McGuffey Award from the Text and Academic Authors Association. Active in many academic and professional organizations, he is immediate past vice president-education of the American Accounting Association. He received the Distinguished Alumni Award from Texas Tech University, the Illinois CPA Society Outstanding Educator Award and its Life-Time Achievement Award, the Joseph A. Silvoso Faculty Award of Merit from the Federation of Schools of Accountancy, the Ledger & Quill Award of Merit, and the Ledger & Quill Teaching Excellence Award. He was named Educator of the Year by the American Institute of CPAs, Accountant of the Year for Education by the national honorary society Beta Alpha Psi, and Outstanding International Accounting Educator by the American Accounting Association. He received the Excellence in Teaching Award from DePaul University.
Marian Powers received her B.S. degree from Chicago State University and her Ph.D. degree from University of Illinois at Urbana-Champaign. In addition to the Kellogg School of Management at Northwestern University, she has taught financial accounting at the University of Illinois, Chicago, and at the Lake Forest Graduate School of Management. Internationally recognized as a dynamic teacher in executive education, she specializes in teaching nonfinancial managers how to read and understand internal and external financial reports, including the impact of international financial reporting standards (IFRS). Her current research relates to international financial reporting, performance measurement, and corporate governance of high-performance companies in the United States, Europe, India, and Australia. Her research has been published in leading journals. Her textbooks, coauthored with Belverd E. Needles, Jr., are used throughout the world and have received many awards, including the Textbook Excellence Award and the McGuffey Award from the Text and Academic Authors Association. She has also coauthored three interactive multimedia software products. She currently serves on the Board of the CPA Endowment Fund of Illinois and is immediate past-chair of the Board of Governors of the Winnetka Community House. She is a member of International Association of Accounting Education and Research, and Illinois CPA Society. She has served on the Board of Directors of the Illinois CPA Society, the Educational Foundation of Women in Accounting, and both the national as well as Chicago chapters of ASWA.