Consolidated Financial Statements (10th Edition)

Consolidated Financial Statements,10th Edition was writte n to keep the materials up to date with the latest developments in financial reporting standards promulgated by the International Accounting Standards Board (IASB), as well as to incorporate changes in new IFRSs that may affect consolidated financial statements, such as IFRS 9 Financial Instruments and IFRS 16 Leases. The MPERS Framework for private entities, which went into effect on January 1, 2016, includes several sections on business combinations and consolidation. The MFRS Framework and the MPERS Framework have some significant differences in accounting treatments for business combinations and consolidation, which are highlighted with examples in this new edition.

Key Features

• Each chapter begins with learning objectives to highlight the key topics covered
• Discussion notes and illustrations explain the related concepts and principles
• Selected practice questions and model questions and answers are provided at the end of each chapter where, for each practice question, full consolidation journal entries are explained.

Tan Liong Tong

CCH Wolters Kluwer