国际会计课件第3单元

3.Notes to financial statements
4. Director’s reports or Management report or Business report
5. Auditor’s report
6. cash flow statement
7. Comprehensive Income
Accounting measurements
Business combinations – purchase accounting
Goodwill – annual impairments test
Investments in associates – equity method
Translation of financial statements of foreign operations – functional currency concept
Deferred taxes
Depreciation（折旧）
Pensions（养老金）
Tax -Oriented Accounting
Private sector/ public sector
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IFRS in the European Union
Starting in 2005, all EU-listed companies must follow IFRS in their consolidated financial statements.
Describe the audit-oversight mechanisms in these four countries.
Choi/Meek, 6/e
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Keywords
consolidated financial statements. listed companies Fair presentation legal compliance Balance sheet Income statement Director’s reports Auditor’s report cash flow statement Comprehensive Income Social responsibility disclosures
Assets valຫໍສະໝຸດ ed at historical cost or fair value
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Research costs – expensed; development costs – capitalized
6
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International Comparison of Significant Accounting Practices
(contin)
Differences in Types of Financial Statements
1. Balance sheet
2. Income statement
Generally, IFRS consolidated statements are permitted for non-listed companies.
Requirements for individual company financial statements vary – IFRS may be required, allowed, or prohibited.
Describe the key similarities and differences between the accounting systems of these four countries.
Identify the use of International Financial Reporting Standards at the levels of the individual company and the consolidated financial statements in these four countries.
International Accounting, 6/e Frederick D.S. Choi Gary K. Meek
Chapter 3 Comparative Accounting : Europe
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Learning Objectives
Understand how financial reporting is regulated and enforced in four highly developed European countries: France, Germany, the Netherlands, and the U.K.
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Goodwill
Research and development costs
Expensed /capitalized
Finance leases/ operating leases
Provisions(准备金）
LIFO/FIFO/Weighed average method
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迄今为止，欧盟共有27个成员国。分别是：英 国、法国、德国、意大利、荷兰、比利时、卢 森堡、丹麦、爱尔兰、希腊、葡萄牙、西班牙、 奥地利、瑞典、芬兰、马耳他、塞浦路斯、波 兰、匈牙利、捷克、斯洛伐克、斯洛文尼亚、 爱沙尼亚、拉脱维亚、立陶宛、罗马尼亚、保 加利亚
Choi/Meek, 6/e
8. Social responsibility disclosures
9. Value Added Statement
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IFRS (contin)
IFRS are based on fair presentation principles
IFRS may be overridden in(优先于） rare circumstances to achieve fair presentation