This handbook is based on the educational requirements of the South African Institute of Chartered Accountants for entry into Initial Test of Competence Examination of SAICA.

This book has been designed to meet the needs of students studying financial accounting at a second year, third year or intermediate honours level. It can be successfully used with the accounting textbook Gripping GAAP.

This publication covers accounting standards, interpretations and updates issued by the IASB. It is aimed at both the undergraduate and postgraduate student, practising accountants, financial analysts, credit providers and the wider business community.

Each chapter includes practical examples, with journal entries where appropriate, that demonstrate the more important principles.

The ongoing international harmonisation and improvements projects have seen a proliferation of revised and re-revised standards, interpretations and exposure drafts. This edition has been updated for all relevant standards.

This book has been compiled to assist students at tertiary institutions in South Africa with their studies in auditing.

IFRS for Small and Medium-Sized Entities: A tutorial book consists of over 100 questions dealing with the application of IFRS to SMEs issued by the International Accounting Standards Board.

Short topic-specific questions are designed to encourage learners to work through the relevant sections of the IFRS for SMEs. These are complemented by full-length questions dealing with multiple aspects of specific sections of the IFRS for SMEs including recognition, measurement and disclosure issues. For more advanced learners, exam-style questions, with varying degrees of integration, are also available. Students will benefit, not only from the comprehensive analysis, but also from detailed recommended solutions which have been carefully referenced to the relevant section of the IFRS and form recommended mark and time allocations to improve exam technique.

Key Features:

• A mix of short and full-length questions with varying degrees of complexity and integration;
• Recommended solutions and mark plans;
• Easy-to-print solution packs for prescribing institutions; and
• A sample of case studies for prescribing institutions

This book is focused on a broader approach for all assurance providers (including both internal and external auditors) and addresses various advanced concepts that assurance providers need an understanding of.

The purpose of this book is to set out the principles and conceptual issues of International Financial Reporting Standards (IFRS).

From an academic point of view, the publication targets second-year students in the professional accounting programmes at SAICA-accredited universities in South Africa.

IFRS For Small And Medium-Sized Entities consists of over 100 questions dealing with the application of IFRS to SMEs issued by the International Accounting Standards Board, Short topic-specific questions are designed to encourage learners to work through the relevant sections of the IFRS for SMEs.

These are complemented by full-length questions dealing with multiple aspects of specific sections of the IFRS for SMEs including recognition, measurement and disclosure issues. For more advanced learners, exam-style questions, with varying degree of integration, are also available.

Students will benefit, not only from the comprehensive analysis, but also from details recommended solutions which have been carefully referenced to the relevant section of the IFRS and form recommended mark and time allocations to improve exam technique.

Mastering Group Financial Statements Volume 1 is part of a two-volume set which provides accounting students and practitioners with an invaluable practical guide to the often complex world of group accounting. The publication gives detailed explanations and numerous practical worked examples, to provide readers with a comprehensive overview of the principles and concepts of International Financial Reporting Standards (IFRS) that underlie group accounting. It therefore serves as a roadmap for preparing group financial statements in varying scenarios in accordance with IFRS.

Volume 1 deals with the principles of control in IFRS 10, addresses the key disclosure requirements of group financial statements, explains the basic concepts of business combinations, and covers in detail the principles and procedures for consolidating subsidiaries.

Along with technical group accounting guidance, this text offers practical group accounting exam techniques, intended to minimise the time students spend answering questions and maximise the marks earned. The comprehensive selection of self-assessment questions at the end of each chapter, and online case study questions and solutions, allow students to test their understanding of the subject matter and sharpen their exam technique.

Mastering Group Financial Statements Volume 2 is part of a two-volume set which provides accounting students and practitioners with an invaluable practical guide to the often complex world of group accounting.

Volume 2 is an essential resource for understanding the application of International Financial Reporting Standards (IFRS) to business combinations, investments in associates and joint arrangements, changes in ownership interests in investments, foreign operations and the group statement of cash flows.

The book gives detailed explanations and numerous practical worked examples, to provide readers with a comprehensive overview of the IFRS principles and concepts underlying group accounting. It therefore serves as a roadmap for preparing group financial statements in varying scenarios.

Along with technical group accounting guidance, this text offers practical group accounting exam techniques, intended to minimise time students spend answering questions and maximise marks earned. The self-assessment questions at the end of each chapter, together with comprehensive online case study questions and solutions, allow students to test their understanding of the subject matter and sharpen exam technique.

Focusing on the content that will benefit business and management students, and featuring a wealth of global examples from real businesses, the authors enable students to unpick and analyze financial statements with confidence.

Do your students struggle to engage with financial accounting topics? Look no further than Understanding Financial Accounting to help them actively engage with the content, understand the key concepts, and advance their analysis skills.

Writing specifically for those with no background in accounting, the authors focus on how to extract the information that will contribute to business decision making. Their conversational and captivating style makes even technical and complex principles unambiguous and immediately accessible.

A recurring case study, contextual examples, and real-world financial statements from multinational companies are interwoven throughout, demonstrating the principles in practice. Winfield, Graham, and Miller illuminate the relevan c e of IFRS and financial statement literacy to non-accountants, as well as guiding students towards carrying out analysis autonomously.

Students are also encouraged to develop their independent research and critical thinking skills by attempting a series of end-of-chapter questions. In addition, the book is complemented by the following online resources to support students and lecturers.

This book has been compiled specifically to assist students at tertiary institutions in South Africa with their studies in auditing.

In this textbook, the audit process followed during the execution of an internal audit engagement is explained, after which it is practically demonstrated by applying it to the various business cycles.

Financial Statements explains the logic of financial statements and how we use them to analyse companies in economic terms. Its approach is very different to existing books on financial statements, bringing a remarkable amount of order and simplicity to what can appear a complex subject. The book covers a number of issues that have had little attention before, including the analysis of growth, how business model innovation is affecting reported financial performance, the effect of the company's accounting model on its reported cash flow and the vulnerability of measures such as EBITDA. The book examines the main problem areas in accounting: where balance sheets are frequently incomplete, the treatment of intangible assets, the techniques of 'off-balance-sheet financing', how assets and liabilities are valued in balance sheets and the tension in GAAP between historic cost and current or 'fair' value accounting. The book contains a concise review of the two dominant accounting systems: US GAAP, or Generally Accepted Accounting Principles, and IFRS. It explains how GAAP is evolving, and the impact of the financial crisis. The book examines the ways in which companies present their income numbers to achieve a favourable look, why companies fail and the detection of creative accounting. This book is essential reading for practitioners and students, and for anyone who wants to use and understand financial statements.

A focused, user-friendly introduction to international financial reporting International Financial Reporting, 8th edition by Melville employs a practical, applied approach in exploring and explaining the key financial standards. With more than 140 countries in the world now using international financial reporting standards (IFRS (R) Standards), knowledge of the standards issued by the International Accounting Standards Board (IASB (R)) is vital to your success in financial accounting. Offering a thorough introduction to international financial reporting, this new edition brings the book completely up-to-date with international standards issued as of 1 January 2022. The title is suitable for second-year undergraduates studying for a degree in accounting and finance and those preparing for examinations for the professional accounting bodies. It explains each standard as clearly and concisely as possible and provides plenty of worked examples and solutions. End-of-chapter exercises feature questions from past exam papers of key professional accountancy bodies to test your grasp of the topics introduced in that chapter. 'Melville's textbook is accessible, comprehensive, reliable, and a pleasure to read.' Dr. Neil Dunne, Trinity College Dublin 'A practical book which takes a very technical subject and breaks it down into concise sections which are easy to follow.' Emma James, Swansea University Pearson, the world's learning company.

VAT: An Introduction initiates students and practitioners into the South African value-added tax (VAT) system by guiding them through the basic principles of the Value-Added Tax Act 89 of 1991 (VAT Act). It covers the processes to be followed when dealing with VAT and sheds light on the most important case law and VAT legislation.

Complex concepts and the key objectives and principles of the VAT system are explained simply and clearly, without using unnecessary jargon. This makes VAT: An Introduction suitable for anyone who has to apply basic VAT principles in a business environment or provide general VAT advice and assistance.

The book is also an excellent study guide for students. It will help students understand the mechanics of the South African VAT system and the practical implications of VAT. Students and practitioners will find the revision questions at the end of each chapter useful to test their understanding and knowledge of the fundamentals of VAT.

Die International Financial Reporting Standards (IFRS) sind aufgrund der sogenannten IAS-Verordnung von allen Staaten der Europaischen Union verbindlich anzuwenden. Auch in einem betriebswirtschaftlichen Studium oder in einer betriebswirtschaftlichen Aus- und Weiterbildung stehen die IFRS mittlerweile regelmaA ig auf dem Lehrplan. Diese Textausgabe enthalt alle International Financial Reporting Standards (IFRS) bzw. International Accounting Standards (IAS) sowie alle Interpretationen (SICs, IFRICs), die von der Europaischen Union (EU) gebilligt und so fA1/4r kapitalmarktorientierte Unternehmen verpflichtend anzuwenden sind. Zusatzlich enthalt diese Ausgabe das Rahmenkonzept in der Fassung von 2003 und die sogenannte IAS-Verordnung, mit der die Regelungen EU-weit verbindlich gemacht wurden. Das macht diese rein deutschsprachige Textausgabe zu dem perfekten Arbeitsmittel fA1/4r Studierende, SchA1/4ler und alle anderen Lernende. Die Textausgabe enthalt ein Vorwort und eine EinfA1/4hrung von Professor Dr. Henning ZA1/4lch, HHL-Leipzig Graduate School of Management, und Prof. Dr. Matthias Hendler, MA1/4nster. Die Ausgabe 2020/2021 berA1/4cksichtigt alle A nderungen, die von der Europaischen Union bis zum 1. Juli 2020 A1/4bernommen wurden. Aus rechtlichen GrA1/4nden darf dieses Buch nur innerhalb des Europaischen Wirtschsftsraums (EWR) verkauft werden.

Supplies financial professionals with the necessary ratios for calculating IFRS financial statements This book provides the most important ratios necessary for business assessment based on IFRS financial statements. It enables readers to calculate, understand, and interpret ratios with ease by including only the most important information and not bombarding them with massive amounts of theory. Including both English and German translations, Ratios IFRS-Financial Statements is a welcome book that combines information from multiple sources on financial statement analysis and financial accounting for all who need to calculate various ratios.