{"product_id":"convergence-guidebook-for-corporate-financial-reporting-9780470285879","title":"Convergence Guidebook for Corporate Financial","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eAs a result of the global convergence of financial reporting standards, U.S. GAAP is changing profoundly.U.S. GAAP is also being abandoned by many companies, to be replaced by a higher-quality set of global standards. The Convergence Guidebook for Corporate Financial Reporting  provides the timely, practical guidance needed.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"This guidebook for chief financial officers, vice presidents of finance, controllers, and managers of financial reporting and accounting explains apects related to the global convergence of financial reporting standards, including why the US generally accepted accounting principles (GAAP) have changed as a result, how to prepare for its challenges, how it will affect financial reporting and US labor markets for financial reporting talent, and how it will impact decision making.\" (\u003ci\u003eBook News\u003c\/i\u003e, August 2009)  \u003cp\u003e\"As he explains in his book, the Convergence Guidebook for Corporate Financial Reporting, both US GAAP and IFRS will change profoundly as the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board continue to converge the two sets of standards.\" (\u003ci\u003ejobsinthemoney.com\u003c\/i\u003e, May 2009)\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eAcknowledgments.  \u003cp\u003ePreface.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I. Phenomenon of Convergence.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1. Introduction to the Convergence of Financial Reporting Standards.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancial Reporting Supply Chain.\u003c\/p\u003e \u003cp\u003eRole of Standards in the Financial Reporting Supply Chain.\u003c\/p\u003e \u003cp\u003eFinancial Reporting Standards.\u003c\/p\u003e \u003cp\u003eHow Financial Reporting Standards Differ among Countries.\u003c\/p\u003e \u003cp\u003eWhat Convergence Is–and Is Not.\u003c\/p\u003e \u003cp\u003eWhat Is Causing Convergence?\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2. How Convergence Will Impact the United States.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDirect Effects of Convergence.\u003c\/p\u003e \u003cp\u003eIndirect Effects of Convergence.\u003c\/p\u003e \u003cp\u003eWho Wins? Who Loses?\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3. Prepare for the Impact of Convergence Now.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat's the Rush?\u003c\/p\u003e \u003cp\u003eAdverse Consequences of Waiting to Prepare.\u003c\/p\u003e \u003cp\u003eImpeding Factors.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003ePart I. Epilogue.\u003c\/p\u003e \u003cp\u003eNote.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II. Impact of Convergence on Financial Reporting in the United States.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4. Conceptual Frameworks.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eComparison of Conceptual Frameworks.\u003c\/p\u003e \u003cp\u003eFASB-IASB Joint Conceptual Framework Project.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5. Principles-Based Standards.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePrinciples versus Rules.\u003c\/p\u003e \u003cp\u003eU.S. GAAP versus IFRS: Where Are We Now?\u003c\/p\u003e \u003cp\u003e“Principles Alone” versus “Principles Plus Rules”.\u003c\/p\u003e \u003cp\u003eOutlook for Converged Standards.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6. Different Standards for Different Companies?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBackground.\u003c\/p\u003e \u003cp\u003eDifferential Standards: Three Questions.\u003c\/p\u003e \u003cp\u003eHow Convergence Is Fostering Differential Standards.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7. Financial Statements: A First Look.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReferences to Standards.\u003c\/p\u003e \u003cp\u003ePrincipal Financial Statements.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8. Fair Value and Related Measurement Issues.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBackground on Measurement.\u003c\/p\u003e \u003cp\u003eFocus on Current Exit Price.\u003c\/p\u003e \u003cp\u003eCurrent Exit Price and Fair Value.\u003c\/p\u003e \u003cp\u003eFair Value: Not One Measurement, But Many.\u003c\/p\u003e \u003cp\u003eAdditional Opposition to Fair Value.\u003c\/p\u003e \u003cp\u003eOutlook for Improvement and Convergence.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eAppendix. Summary of Recent Developments in Measurement Standards and Other Guidance.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9. Major Asset Classes.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInventory.\u003c\/p\u003e \u003cp\u003eProperty, Plant, and Equipment.\u003c\/p\u003e \u003cp\u003eIntangibles.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10. Other Balance Sheet Items.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLeases.\u003c\/p\u003e \u003cp\u003ePensions and Other Postretirement Benefit Obligations.\u003c\/p\u003e \u003cp\u003eDeferred Income Tax Effects.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11. Reporting Financial Performance.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRevenue Recognition and Measurement.\u003c\/p\u003e \u003cp\u003eIncome Statement.\u003c\/p\u003e \u003cp\u003eCash Flow.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12. Business Combinations, Intercompany Investments, and Segment Reporting.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBusiness Combinations.\u003c\/p\u003e \u003cp\u003eIntercompany Investments.\u003c\/p\u003e \u003cp\u003eSegment Reporting.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13. Financial Statements: What Is Ahead.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancial Statement Presentation Project.\u003c\/p\u003e \u003cp\u003eOther Financial Statement Issues.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003ePart II Epilogue.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III. Impact of Convergence on U.S. Labor Markets.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14. Overview of U.S. Labor Markets for Financial Reporting Talent.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGeographic Scope of Supply and Demand.\u003c\/p\u003e \u003cp\u003eRole of U.S. GAAP.\u003c\/p\u003e \u003cp\u003eTalent Supply Pipeline.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15. Obsolescence of Knowledge, Skills, and Abilities.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Demand Will Change.\u003c\/p\u003e \u003cp\u003eQuantitative Changes in Demand.\u003c\/p\u003e \u003cp\u003eQualitative Changes in Demand.\u003c\/p\u003e \u003cp\u003eShort-Term Imbalances in Supply and Demand.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16. Commoditization of Talent.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGlobal Homogenization of Employers' Demand.\u003c\/p\u003e \u003cp\u003eFrom Demand Homogenization to Supply Commoditization.\u003c\/p\u003e \u003cp\u003eIntermarket Mobility of Employers.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17. Toward a Global Labor Market for Financial Reporting Talent.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGlobal Desegregation of Labor Markets.\u003c\/p\u003e \u003cp\u003eCompetition in the Global Labor Market.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18. Transformation of the Talent Supply Pipeline.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview of the U.S. Talent Supply Pipeline.\u003c\/p\u003e \u003cp\u003eEducational Activities in the U.S. Talent Supply Pipeline.\u003c\/p\u003e \u003cp\u003eCertification of KSAs.\u003c\/p\u003e \u003cp\u003eInterpipeline Competition.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003ePart III Epilogue.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV. Preparing for the Impact of Convergence.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19. Overview of the Challenges of Convergence.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Preparation Matters.\u003c\/p\u003e \u003cp\u003eThree Challenges.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20. The Enterprise Challenge: Strategies for Choosing Standards and Implementing Your Choice.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOpportunity and Obligation to Choose.\u003c\/p\u003e \u003cp\u003eMethodology for Choosing.\u003c\/p\u003e \u003cp\u003eImplementing Your Choice.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eAppendix. Checklist for Impact Assessment.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21. Departmental Challenge: Tactics for Managing Talent.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIdentifying Your Department's Talent Needs.\u003c\/p\u003e \u003cp\u003eAssuring the Supply of Talent for Your Department.\u003c\/p\u003e \u003cp\u003eTraining and Development.\u003c\/p\u003e \u003cp\u003eTechnical Supervision.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNote.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 22. Personal Challenge: Career Choices for a Hypercompetitive Labor Market.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHypercompetition in a Global Labor Market.\u003c\/p\u003e \u003cp\u003eManaging Your Career.\u003c\/p\u003e \u003cp\u003eConclusion.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003ePart IV Epilogue.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49525369864535,"sku":"9780470285879","price":52.25,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470285879.jpg?v=1731860260","url":"https:\/\/bookcurl.com\/products\/convergence-guidebook-for-corporate-financial-reporting-9780470285879","provider":"Book Curl","version":"1.0","type":"link"}