Perspectives on International Financial Reporting and Auditing in the Airline Industry

The book Perspectives on International Financial Reporting and Auditing in the Airline Industry 2018 focuses on the airline financial reporting based on International Financial Reporting Standards (IFRSs) and audit of airline financial reporting based on International Standards on Auditing (ISAs). It examines the cumulative effect of the adoption of IFRS 15 Revenue from Contracts with Customers and IFRS 16 Leases, segment reporting, and audit reports in terms of diversity and comparability in the airline industry.

Format: Hardback
Length: 200 pages
Publication date: 03 February 2022
Publisher: Emerald Publishing Limited

The airline industry plays a significant role in the global economy, and its financial reporting and auditing practices are of utmost importance. Perspectives on International Financial Reporting and Auditing in the Airline Industry offers a comprehensive analysis of these practices, drawing on the framework of financial reporting in the global airline industry for the year 2018. The book focuses on airline financial reporting based on International Financial Reporting Standards (IFRSs) and audit of airline financial reporting based on International Standards on Auditing (ISAs).

Contributing to the accounting policy choice debate from a sector-specific perspective, this book considers the existing policy choices under IFRSs, in order to observe the diversity and comparability in the airline industry. It analyzes the cumulative effect of the adoption of IFRS 15 Revenue from Contracts with Customers and IFRS 16 Leases in the airline industry, including the case of Air France-KLM. It also takes a picture of segment reporting in terms of diversity and comparability in the airline industry. Finally, it analyzes audit reports of airlines reporting under IFRS in terms of International Standards on Auditing, in terms of diversity of audit practices.

This book provides valuable insights into perspectives on international financial reporting and auditing in the airline industry and is essential reading for both researchers and professionals. The airline industry is characterized by its unique challenges and complexities, making it essential to have a comprehensive understanding of its financial reporting and auditing practices. This book provides a valuable resource for those seeking to gain a deeper understanding of these practices and their impact on the industry.

Weight: 412g
Dimension: 159 x 240 x 27 (mm)
ISBN-13: 9781789737608