International Financial Reporting
Book descriptionAbout the authorThe annual reports under the International Financial Reporting Standards (IFRS)Balance sheet: its contents and informational aimsAssets: definition, classification, valuationDefinitionClassificationValuationLiabilities: definition, classification, valuationDefinitionClassificationValuationEquity: value, meaning, componentsValue and its meaningComponentsOverall informational value of the balance sheetIncome statement: various levels of profit and informational aimsGross profitOperating profit and profit before interest and taxProfit after tax and retained profitCash flow statement: its contents and informational aimsStatement of changes in equity: its contents and informational aimsAnalysis and interpretation of the annual reportThe narrative component of the annual reportRatio analysisProfitability analysisExploring ROSExploring ATOSolidity and solvencyLiquidityA holistic and dynamic approach to analysis and interpretation
