This book is a comprehensive guide to the preparation of consolidated financial statements in Singapore. It discusses consolidation financial statements in the context of the Singapore statute and the Financial Reporting Standards (FRS) issued by the Accounting Standards Council effective 1 January 2014.
In this third edition, the book has been revised to incorporate the new requirements of five new/revised FRS, namely:
FRS 27 Separate Financial Statements
FRS 28 Investments in Associates and Joint Ventures
FRS 110 Consolidated Financial Statements
FRS 111 Joint Arrangements
FRS 112 Disclosures of Interests in Other Entities
This book is written based on many years of teaching, research and practical experience. Presented in a step-by-step, easy-to-understand style, it is an invaluable source of reference to both accounting practitioners and students in Singapore. The topics covered include:
Consolidated balance sheets (also referred to as Consolidated statement of financial position), consolidated statement of comprehensive income, consolidated statement of changes in equity and consolidated statement of cash flows
Investment in joint ventures
Acquisition and disposal during the accounting year
Changes in shareholding interests
Investment in associates
Complex group structure
Foreign subsidiaries, associates and joint ventures
"synopsis" may belong to another edition of this title.
NG ENG JUAN is an Associate Professor in the Nanyang Business School of Nanyang Technological University, Singapore, teaching financial accounting courses in the undergraduate programme. A winner of several teaching awards, he is actively involved in the accounting profession serving in the technical committee of ICPAS, as an external examiner/advisor to accounting professional/degree programmes, and conducting regular professional development programmes. He has published several books in professional accounting including Consolidated Accounts, Cash Flow Statements, Consolidation-Changes in Shareholding Interests and A Practical Guide to Financial Reporting Standards.
"About this title" may belong to another edition of this title.
Book Description McGraw-Hill Education (Asia), 2012. Paperback. Book Condition: Brand New. 3rd edition edition. 720 pages. 10.00x7.90x0.90 inches. In Stock. Bookseller Inventory # 1259009548