Approximately 250 pages
1 volume bound
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XYZ Model Financial Accounts Workbook 2012
The XYZ Model Financial Accounts Workbook provides practical guidance in applying the requirements of IFRS and Canadian GAAP. This Workbook can be used in conjunction with the XYZ Model Financial Accounts – Preparing Financial Statements under IFRS and Canadian GAAP as a reference guide in understanding how to apply the measurement and recognition requirements for common accounting scenarios.
This Workbook is aimed at various groups of readers, including public practitioners, accountants in business and accounting students who have a desire to gain a better understanding of the application of IFRSs in Canada. It examines and explains IFRS requirements, illustrating their application using practical examples presented in short case studies and summarizing the requirements in easy-to-read point form, tables, flow-charts and diagrams.
In preparation for the upcoming financial reporting season, knowing how to apply accounting standards before year end is increasingly important and essential to ensure a smooth year end and audit process.