Paru le 20/03/2006 | Broché 188 pages
Professionnels
préface Didier Kling, Christophe Bonte | avant propos Marc Breillout
Quoted companies are required to apply IFRS for the purposes of their consolidated financial statements with effect from 1 January 2005. The standards dealing with financial instruments - IAS 32, IAS 39 and IFRS 7 - are complex ones because they introduce concepts such as hedge accounting, embedded derivatives or fair value which amount to a sea change in the basis of financial reporting. Additional issues are the implications of the standards for the volatility of reported financial performance and the financial statement disclosure requirements.
Based on the author's practical experience with Société Générale Corporate & Investment Banking, this book is designed to provide the critical keys to an understanding of the basis of accounting for financial instruments in accordance with IFRS.
The book meets the requirements of all business sectors including banking and insurance. It provides both a technical introduction and an operational approach to the main types of financial instruments covered by IAS 32, IAS 39 and IFRS 7, and is illustrated by more than 30 examples and 10 case studies designed to facilitate assimilation of each technical difficulty introduced.
The book is the work of a financial practitioner and will be of use to finance directors and chief accountants, auditors, financial market operators, financial analysts, tax practitioners, lawyers, lecturers and students.
Amélie Ober is a Financial Engineer within Société Générale Corporate & Investment Banking's Debt Finance Department, where she acts as the IFRS specialist advising on both the accounting treatment for and operating risks associated with the bank's actual and envisaged financial transactions and products. A graduate of HEC Paris, she also holds the DESCF accounting diploma, a DESS diploma in Business Finance and a DEA diploma in Accounting, Decision-Taking and Controllership from the Paris IX Dauphine faculty of economics and business studies, as well as the IFRS Certificate delivered by ESSEC-Les Echos Formation-PricewaterhouseCoopers.
