International GAAP 2021 (IFRS Standards): Generally Accepted Accounting Practice under IFRS / Стандарты МСФО [2021, PDF, ENG]

The 2021 edition of International GAAP has been fully revised and updated in order to:
• Provide expanded discussion and practical illustrations on the many implementation issues arising as entities continue to apply IFRS 16 – Leases, including those related to recent rent concessions and the associated narrow scope amendment issued by the International Accounting Standards Board (IASB).
• Include an updated chapter on the new insurance contracts standard IFRS 17 – Insurance Contracts, which reflects the IASB’s recently issued Amendments to
IFRS 17, resulting in a number of significant changes as well as many other editorial alterations. The chapter also discusses implementation issues and explores other
matters arising as insurers prepare for the adoption of the standard.
• Continue to investigate the many application issues arising as entities apply IFRS 9 – Financial Instruments – and IFRS 15 – Revenue from Contracts with Customers.
• Discuss the IASB’s amendments to IFRS 9 and related standards to address the effects of the Interbank Offered Rates (IBOR) reform on financial reporting.
• Illustrate the application of IFRS to the accounting for natural disasters highlighted by the accounting issues related to the recent coronavirus pandemic.
• Discuss the new agenda decisions issued by the IFRS Interpretations Committee since the preparation of the 2020 edition.
• Address the amendments to standards and the many other initiatives that are currently being discussed by the IASB and the potential consequential changes to
accounting requirements.
• Provide further insight on the many issues relating to the practical application of IFRS, based on the extensive experience of the book’s authors in dealing with current issues.
The book is published in three volumes. The 56 chapters – listed on pages xi to xiii – are split between the three volumes as follows:
• Volume 1 - Chapters 1 to 22,
• Volume 2 - Chapters 23 to 43,
• Volume 3 - Chapters 44 to 56.
Each chapter includes a detailed list of contents and list of illustrative examples.
Each of the three volumes contains the following indexes covering all three volumes:
• an index of extracts from financial statements,
• an index of references to standards and interpretations,
• a general index.

TABLE OF CONTENTS
Volume 1
1 International GAAP 1
2 The IASB’s Conceptual Framework 39
3 Presentation of financial statements and accounting policies 109
4 Non-current assets held for sale and discontinued operations 187
5 First-time adoption 217
6 Consolidated financial statements 385
7 Consolidation procedures and non-controlling interests 491
8 Separate and individual financial statements 571
9 Business combinations 633
10 Business combinations under common control 761
11 Investments in associates and joint ventures 807
12 Joint arrangements 887
13 Disclosure of interests in other entities 941
14 Fair value measurement 995
15 Foreign exchange 1175
16 Hyperinflation 1249
17 Intangible assets 1285
18 Property, plant and equipment 1381
19 Investment property 1437
20 Impairment of fixed assets and goodwill 1511
21 Capitalisation of borrowing costs 1643
22 Inventories 1673
Index of extracts from financial statements index 1
Index of standards index 7
Index index 111
Volume 2
23 Leases 1701
24 Government grants 1821
25 Service concession arrangements 1847
26 Provisions, contingent liabilities and contingent assets 1923
27 Revenue: Introduction and scope 2015
28 Revenue: Identify the contract and performance obligations 2045
29 Revenue: Determine and allocate the transaction price 2157
30 Revenue: Recognition 2253
31 Revenue: Licences, warranties and contract costs 2313
32 Revenue: Presentation and disclosure 2387
33 Income taxes 2441
34 Share-based payment 2623
35 Employee benefits 2887
36 Operating segments 2973
37 Earnings per share 3017
38 Events after the reporting period 3071
39 Related party disclosures 3093
40 Statement of cash flows 3131
41 Interim financial reporting 3189
42 Agriculture 3269
43 Extractive industries 3325
Index of extracts from financial statements index 1
Index of standards index 7
Index index 111
Volume 3
44 Financial instruments: Introduction 3571
45 Financial instruments: Definitions and scope 3579
46 Financial instruments: Derivatives and embedded derivatives 3615
47 Financial instruments: Financial liabilities and equity 3657
48 Financial instruments: Classification 3767
49 Financial instruments: Recognition and initial measurement 3839
50 Financial instruments: Subsequent measurement 3865
51 Financial instruments: Impairment 3905
52 Financial instruments: Derecognition 4079
53 Financial instruments: Hedge accounting 4173
54 Financial instruments: Presentation and disclosure 4399
55 Insurance contracts (IFRS 4) 4525
56 Insurance contracts (IFRS 17) 4669
Index of extracts from financial statements index 1
Index of standards index 7
Index index 111