International Accounting Standards and Financial Reporting Standards: Research and Comparison (Second Edition)

Author: Wang Xiangyao et al.
Publisher:
Publishing Date: 2005-07-01
Features: The content of this book is divided into five parts: Part one discusses the development, restructuring, and new trends of the International Accounting Standards Committee (IASC), describing the application prospects of International Accounting Standards (IAS) and Financial Reporting Standards (FRS) worldwide; Part two explores the nature and role of the financial reporting conceptual framework, providing an in-depth comparison between the IASC conceptual framework and other relevant conceptual frameworks from different countries; Part three examines the background, basic content, and key points of the 41 IASs issued by IASC, with a detailed comparison with accounting standards from the United States, the United Kingdom, and China; Part four studies the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and proposes related recommendations for the application of IFRS in China; Part five is an appendix, listing major events in the history of IAS development, the main differences between Chinese accounting standards and IAS, as well as detailed catalogs of U.S. and U.K. accounting standards, serving as further references for research.