XYZ Model Financial Accounts - Workbook CD 2017

XYZ Model Financial Accounts - Workbook CD 2017

By René Muller

CD

$403.00 RRP

Date: 17/03/2017

Code: 42027366

Thomson Reuters, AUSTRALIA

Available Formats

Format Title Date Code Price
Book XYZ Model Financial Accounts - Workbook 2017 17/03/2017 9780864699053 $403.00 Add to cart
CD XYZ Model Financial Accounts - Workbook CD 2017 17/03/2017 42027366 $403.00 Add to cart

Description

For further information about the full XYZ MFA suite, please visit http://tax.thomsonreuters.com.au/checkpoint/xyz

OVERVIEW

The 2017 XYZ Model Financial Accounts Workbook examines and explains the accounting requirements of Australian Accounting Standards, providing users with the knowledge and information they need to minimise compliance risk and ensure a smooth year-end and audit process. 

Key issues arising from Accounting Standards are presented in a simplified and user-friendly manner, illustrating their application through practical examples using short case studies and summarising the requirements in easy-to-read point form, tables, flow charts and diagrams.  Each chapter covers the issues and background to a specific topic.

WHAT’S NEW IN 2017?

  • New chapter : Transitional Accounting and Disclosures for Significant New Accounting Standards - containing guidance, illustrative examples and sample disclosures to assist with the implementation of these significant new Standards which will become mandatorily applicable over the next two years:

            AASB 9: Financial InstrumentsRefer to [46-1200]

            AASB 15: Revenue from Contracts with Customers. Refer to [46-1500]

            AASB 16: Leases. Refer to [46-1600].

  • Revised chapters on:

–         Tax-effect accounting

–         Impairment of assets: goodwill, revaluations and cash-generating units. ; and

–         Share-based payments. Refer to [28-1600].

  • Updated examples in all chapters to reflect the current reporting period ending 30 June 2017.

Table of Contents

2017 XYZ MODEL FINANCIAL ACCOUNTS WORKBOOK - CONTENTS

Some of the topics covered include:

  • New chapter for 2017: Transitional Accounting and Disclosures for Significant New Accounting Standards: AASB 13: Fair Value Measurement; AASB 15: Revenue from Contracts with Customers; AASB: Leases
  • Deferred Revenues (Including Customer Loyalty Programs)
  • Amortised Cost - Effective Interest Rate Methodology
  • Finance Leases and Tax-Effect Accounting
  • Tax Consolidation Accounting
  • Impairment of Assets
  • Related Parties and Key Management Personnel
  • Foreign Currency Consolidation  
  • Earnings per Share
  • AASB 3: Business Combinations
  • Reverse Acquisitions
  • Joint Arrangements
  • Distributions of Non-cash Assets to Owners - AASB Interpretation 17
  • Straight-lining of Operating Lease Expenditure and Income
  • Lease Incentives
  • Share-based Payments
  • Group and Treasury Share Transactions
  • Events after the Reporting Period
  • Puttable Financial Instruments and Obligations Arising on Liquidation
  • Government Grant Income
  • Statement of Cash Flows
  • Embedded Derivatives
  • Glossary of Defined Terms

 

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