IFRS and XBRL

Foreword
bout the book
About the authors
Preface
Acknowledgements
Introduction to this book
Leading to a new reporting paradigm - concept map

PART I: INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)
Tips for readers
1. Introduction to and objectives of IFRS
2: How important are IFRS to business and global acceptance?
2.1 IFRS and legal objective
2.2 Convergence of IFRS and US GAAP
2.3 Reconciliation to US GAAP
2.4 IOSCO, regulators and enforcement
3. Governance and accountability of the IFRS Foundation 29 3.1 History, structure and finance
3.2 The monitoring board and IFRS Foundation trustees
3.3 IASB members, due process and IFRS Interpretations Committee
3.4 IFRS Advisory Council
4. Framework, standards and interpretations of IFRS
4.1 Framework
4.2 International Financial Reporting Standard
4.3 IFRS for Small and Medium-sized Enterprises versus Private companies
4.4 Interpretations to Standards
5. IFRS Practice Statement Management Commentary
6. Future plans
7. New presentation formats
7.1 Model financial statements
7.2 New financial statement presentation
8. Contents of IFRS book
9. Glossary for IFRS
10. Index to IFRS book

PART II: IFRS DISCLOSURES, OTHER REPORTING STANDARDS AND ASSURANCE
Tips for readers
1. IFRS disclosure
1.1 Summary of disclosures
1.2 Disclosure checklists
1.3 IFRS disclosure examples
2. Other reporting standards
2.1 International Public Sector Accounting Standards (IPSAS)
2.2 Statistics-based standards
2.3 International Valuation Standards Council (IVSC)
2.4 Valuation Resource Group
2.5 IEEE
2.6 ISO
2.7 AccountAbility
2.8 Other standards
2.9 OneReport
2.10 Taxation

PART III: XBRL – USING TECHNOLOGY TO IMPLEMENT STANDARDS
Tips for readers
1. XBRL
1.1 XML – the technical basis of XBRL
1.2 Benefi ts of XBRL
1.3 Users of XBRL – worldwide
2. XBRL and IFRS
2.1 Overview
2.2 The IFRS taxonomy
2.3 IFRS Foundation and translation
2.4 Support materials
2.5 Future steps
3. Organising and collecting data
3.1 FASB codification and XBRL taxonomy
3.2 Illustrative financial statements
3.3 XBRL for integrated reporting
3.4 Content analysis
4. Using systems to organise and collect data
4.1 ERP systems and spreadsheets
4.2 SAP, Oracle and Cloud
5. Opportunities to integrate and track data objects
5.1 Growing interest among stakeholders

PART IV: TRACKING OBJECTS – A PARADIGM SHIFT IN BUSINESS REPORTING
Tips for readers
1. Introduction
2. Developments in new reporting models
3. Recognition and de-recognition
4. Discussing measurement
5. A comprehensive business reporting model
6. Future reporting: the object and value supply chain
7. Integrated reporting
7.1 Integrated reporting
7.2 Landscape of integrated reporting
8. Object tracking
8.1 Object recognition
8.2 Data management
8.3 Tagging
8.4 Tracking

PART V: THE NEED FOR INCREASED ACCEPTANCE OF IFRS
Tips for readers
Preamble
1. The need for increased acceptance of IFRS
1.1 National accounting standards versus IFRS
1.2 Partial acceptance of IFRS
2. The need for increased acceptance of XBRL
3. Additional issues
4. Conclusion
Acronyms
References

Appendix A: IFRS example - for familiarisation
Appendix B: SNA 2008 - Contents

Glossary of IFRS terms
Index