Skip to Main Content
International Financial Statement Analysis
book

International Financial Statement Analysis

by CFA Thomas R. Robinson, CFA Hennie van Greuning, CFA Elaine Henry, CFA Michael A. Broihahn
November 2008
Intermediate to advanced content levelIntermediate to advanced
859 pages
25h 22m
English
Wiley
Content preview from International Financial Statement Analysis
CHAPTER 3
FINANCIAL REPORTING STANDARDS
Thomas R. Robinson, CFA CFA Institute Charlottesville, Virginia
 
Hennie van Greuning, CFA World Bank Washington, DC
 
Elaine Henry, CFA University of Miami Miami, Florida
 
Michael A. Broihahn, CFA Barry University Miami, Florida

LEARNING OUTCOMES

After completing this chapter, you will be able to do the following:
• Explain the objective of financial statements and the importance of reporting standards in security analysis and valuation.
• Explain the role of financial reporting standard-setting bodies (including the International Accounting Standards Board and the U.S. Financial Accounting Standards Board) and regulatory authorities such as the International Organization of Securities Commissions, the U.K. Financial Services Authority, and the U.S. Securities and Exchange Commission in establishing and enforcing reporting standards.
• Discuss the status of global convergence of accounting standards and the ongoing barriers to developing one universally accepted set of financial reporting standards.
• Describe the International Financial Reporting Standards (IFRS) framework, including the objective of financial statements, their qualitative characteristics, required reporting elements, and the constraints and assumptions in preparing financial statements.
• Explain the general requirements for financial statements.
• Compare and contrast the key concepts of financial reporting standards under IFRS and alternative reporting systems, and discuss ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

International Financial Statement Analysis, 2nd Edition

International Financial Statement Analysis, 2nd Edition

Thomas R. Robinson CFA, Elaine Henry CFA, Wendy L. Pirie CFA, Michael A. Broihahn CFA, Anthony T. Cope CFA
International Financial Statement Analysis Workbook, 3rd Edition

International Financial Statement Analysis Workbook, 3rd Edition

Thomas R. Robinson, Elaine Henry, Wendy L. Pirie, Michael A. Broihahn
International Financial Statement Analysis Workbook, 2nd Edition

International Financial Statement Analysis Workbook, 2nd Edition

Thomas R. Robinson CFA, Elaine Henry CFA, Wendy L. Pirie CFA, Anthony T. Cope CFA, Michael A. Broihahn CFA

Publisher Resources

ISBN: 9780470460122Purchase book