Enhanced edition of IFRS textbook

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21 Dec 2006

Paul Pacter, a director in Deloitte's IFRS Global Office and webmaster of IASPlus, is co-author of the Second (Enhanced) Edition of the leading university textbook on IFRSs, Applying International Financial Reporting Standards, published this month by John Wiley and Sons (Australia).

The focus of this 1,236-page text is on the analysis, illustration, and application of IFRSs. The textbook has been written for intermediate and advanced financial reporting courses, at both undergraduate and postgraduate level, and aligns with the knowledge expectations of the accounting profession. Paul's co-authors are Keith Alfredson, former chairman of the Australian Accounting Standards Board (AASB); Ruth Picker, IFRIC member and a technical partner of Ernst & Young; Ken Leo and Jeannie Radford, both of Curtin University of Technology; and Victoria Wise of Victoria University. (ISBN: 9780470808238). Outline of the book:


  • Chapter 1: The IASB: history, current structure and processes
  • Chapter 2: The conceptual Framework of the IASB PART 2 ELEMENTS
  • Chapter 3: Contributed equity: capital, reserves and accumulated profits
  • Chapter 4: Revenue Recognition
  • Chapter 5: Provisions and contingencies
  • Chapter 6: Financial instruments
  • Chapter 7: Share based payments
  • Chapter 8: Income tax
  • Chapter 9: Inventories
  • Chapter 10: Property, plant and equipment
  • Chapter 11: Intangible assets
  • Chapter 12: Business combinations
  • Chapter 13: Impairment of assets
  • Chapter 14: Leases PART 3 DISCLOSURE
  • Chapter 15 Principles of disclosure
  • Chapter 16: Presentation of financial statements
  • Chapter 17: Cash flow statements
  • Chapter 18: Segment reporting PART 4 ECONOMIC ENTITIES
  • Chapter 19: The nature of economic entities
  • Chapter 20: Consolidated financial statements - wholly owned subsidiaries
  • Chapter 21: Consolidated financial statements - intragroup transactions
  • Chapter 22: Consolidated financial statements - minority interest
  • Chapter 23: Consolidated financial statements - indirect ownership interests
  • Chapter 24: Consolidated financial statements - foreign currency translation
  • Chapter 25: Accounting for investments in associates
  • Chapter 26: Interests in joint ventures

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