Financial Instruments: A Comprehensive Guide to Accounting & Reporting (2009)

Each Chapter Covers The Relevant Accounting Questions Including:

• When and how to initially recognize the instrument in the balance sheet
• How to measure the instrument in subsequent periods
• How to recognize income or expense
• When and how impairment must be recognized
• When the instrument should be removed from the balance sheet
• What disclosures should be provided in the footnotes.

Ease Of Use:

• visual aids whenever possible
• Observations, such as differences between instrument types
• Practice pointers
• Examples to make the requirements as clear as possible to the reader.
• To facilitate research, the text includes references to pertinent paragraphs of the authoritative literature addressing key points.

Also Included:

• Cross-reference to the original pronouncements, citing the chapters in which they are discussed
• Glossary of terms including references to the applicable chapters
• Detailed topical index.