A professional guide to implementing IFRS 10, 11 and 12

Group accounting is highly complex, combining financial accounting, management and cost accounting, taxation, law, organization and similar disciplines across multiple jurisdictions.

Principles of Group Accounting under IFRS is designed as a handbook for practitioners, written by a practitioner. It provides practical guidance on managing the issues which are particular to international group accounting under IFRS 10, 11 and 12, presenting an integrated view of group accounting covering all relevant disciplines.

Beginning with a general introduction to group accounting, the book goes on to demonstrate the process of group accounting in practice through the use of a step-by-step case study of a midsize group. The case study covers all of the main stages from initial accounting to changes in the company's status and, finally, disposal. Throughout the book, examples are presented for selected topics to demonstrate the accounting treatments and show how issues can be resolved.

Principles of Group Accounting under IFRS is not only a complete guide to the process of preparing consolidated financial statements, it also provides a convenient reference to resolve specific issues which may arise when consolidating group accounts under IFRS.