IFRS Made Easy

STEVEN M. BRAGG, CPA, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte. He is the author of over forty books primarily targeted toward controllers and their needs. Bragg received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine.

• Preface viiAbout the Author ixPART I – REVENUE AND EXPENSESChapter 1 Revenue Recognition 3Chapter 2 Employee Benefits 17Chapter 3 Share-Based Payments 33Chapter 4 Income Taxes 43PART II – ASSETS AND LIABILITIESChapter 5 Financial Instruments 61Chapter 6 Interests in Joint Ventures 81Chapter 7 Investments in Associates 87Chapter 8 Inventory 93Chapter 9 Property, Plant, and Equipment 103Chapter 10 Intangible Assets 117Chapter 11 Asset Impairment 129Chapter 12 Provisions and Contingencies 143PART III – THE FINANCIAL STATEMENTSChapter 13 Financial Statements Presentation 153Chapter 14 Consolidated and Separate Financial Statements 169Chapter 15 Related Party Disclosures 175Chapter 16 Events after the Reporting Period 179Chapter 17 Financial Reporting in Hyperinflationary Economies 183PART IV – PUBLIC COMPANY REPORTINGChapter 18 Operating Segments 189Chapter 19 Earnings per Share 197Chapter 20 Interim Financial Reporting 205PART V – BROAD TRANSACTIONSChapter 21 Business Combinations 215Chapter 22 Changes in Accounting Policies, Estimates, and Errors 225Chapter 23 Discontinued Operations and Non-Current Assets Held for Sale 233Chapter 24 Effects of Foreign Exchange Rate Changes 241Chapter 25 Leases 247Index 261