
International Accounting Standards on Checkpoint® Register to learn more
International Accounting Standards on Checkpoint® is your answer to meeting new financial reporting obligations. Several recent additions to Checkpoint are designed to help you manage the increasingly time-consuming and technically demanding job of preparing financial statements in compliance with International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) for Private Enterprises (PEs).
International Accounting Standards on Checkpoint® will ensure you are following current standards for disclosure checklists, financial statements for public and private entities, interim reports, and certification of annual filings – to name just a few.
Get Up To Speed On Changing Requirements And Standards
International Accounting Standards Board (IASB)
Text of Standards and Interpretations from the International Accounting Standards Board (IASB) with Checkpoint’s unique functionality and integration. With International Accounting Standards becoming more important to multinational businesses, and the firms that represent these businesses, the formatted IASB content benefits provides subscribers with the power of the functional advantages of Checkpoint. No other online service can deliver the same level of integration, ease of navigation, and
feature rich functionality that Checkpoint can offer.
The IASB content on Checkpoint consists of the basic and most widely needed materials from the IASB
• International Financial Reporting Standards (IFRS)
• International Accounting Standards (IAS)
• International Financial Reporting Interpretations Committee (IFRIC)
• Standing Interpretations Committee (SIC)
The Checkpoint functionality includes top line links from IASB content to other source materials in the FRM area as well as the WGL treatises and analysis. Search templates make IASB content easy to search and retrieve, with three new search templates added - IASB Standards, IASB Interpretations and IASB Implementation Guide.
Also, the citation templates make it very easy to locate specific IASB documents, and the added benefits of top-line links, make it easy to locate the editorial content and source material related to the International Standards.
XYZ Model Financial Statements: Financial Reporting in Canada
Written by practitioners who have been through the IFRS transition, XYZ Model Financial Statements provides smaller entities and reporting issuers with expert compliance and procedural knowledge. It contains extensive analysis and sample financial statements prepared under IFRS and Canadian GAAP for PEs. This Canadian version is based on the practice-proven Moore Stephens model first produced more than 20 years ago in Australia – the industry standard for the preparation of statutory compliant financial reports. A key feature is the extensive use of practical examples and more than 150 checklists covering all key aspects of the new reporting standards. Print version also available
Analysis of IFRS 1, First Time Adoption
Access in-depth analysis of IFRS 1 guidance, from WIG&L®, related to a company’s first IFRS opening balance sheet. Highlights include: provisions related to the choice and application of IFRS accounting policies; discussion of the transitional exemptions; discussion of required exceptions from retrospective application of IFRS standards; and discussion of the disclosure requirements meant to help the users of the financial statements understand the consequences of IFRS adoption.
IASB Standards for Small and Medium Enterprises (SMEs)
The IFRS for SMEs are a recently issued set of standards that non-public companies can choose to utilize as an alternative to complying with the full suite of IFRS standards. IASB Standards for SMEs is the first internationally recognized set of accounting standards designed specifically for small and medium sized entities.
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