List of Tables

Chapter 1: Introduction to International Accounting Standards

I. Items That Possibly Will Be Reconciled to IAS Treatment

II. Possible Additional Disclosure Items

III. Items That Might Require Further Interpretative Guidance

Chapter 2: Balance Sheet

XYZ Limited Consolidated Balance Sheet as at 31 December 2002 (in thousands of currency units)

Chapter 3: Income Statement, Statement of Changes in Equity, and Statement of Recognized Gains and Losses

XYZ Malta Inc. Statement of Changes in Equity For the Year Ended December 31, 2003 (in thousands of US dollars)

ABC Barbados Co. Ltd. Statement of Recognized Gains and Losses For the Year Ended December 31, 2003 (in thousands of US dollars)

ABC Merchandising Company Schedule of Cost of Goods Sold For the Year Ended December 31, 2003

XYZ Manufacturing Company Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2003

XYZ Manufacturing Company Schedule of Cost of Goods Sold For the Year Ended December 31, 2003

Taj Mahal Enterprises Statement of Income For the Years Ended December 31, 2003 and 2002 (In 1,000 UAE Dirhams)

Taj Mahal Enterprises Statement of Income For the Years Ended December 31, 2003 and 2002 (In UAE Dirhams)

XYX Malta, Ltd. Income Statement For the Year Ended December 31, 2003

Chapter 4: Cash Flow Statement

Liquid Corporation Statement of Cash Flows For the Year Ended December 31, 2002

ABC (Middle East) Ltd. Balance Sheets As at December 31, 2003 and 2002

ABC (Middle East) Ltd. Statement of Income For the Year Ended December 31, 2003

Cash Flow Worksheet

ABC (Middle East) Ltd. Statement of Cash Flows For the Year Ended December 31, 2003 (Direct method)

ABC (Middle East) Ltd. Statement of Cash Flows For the Year Ended December 31, 2003 (Indirect method)

Johnson Company Balance Sheets December 31, 2003 and 2002

Johnson Company Statement of Earnings For the Year Ended December 31, 2003

Johnson Company Statement of Cash Flows For the Year Ended December 31, 2003

Chapter 6: Inventory

Determination of Net Realizable Value

Chapter 7: Revenue Recognition, Including Construction Contracts

Completed-Contract and Percentage-of-Completion Methods

Completed-Contract Method Only

Percentage-of-Completion Method Only

Profit or Loss Recognized on Contract (Percentage-of-Completion Method)

Profit or Loss Recognized on Contract (Completed-Contract Method)

Chapter 8: Property, Plant, and Equipment

Accounting for Costs Incurred Subsequent to Acquisition of Property, Plant, and Equipment

Chapter 10: Interests in Financial Instruments, Associates, Joint Ventures, and Investment Property

Case One

Case Two

Chapter 11: Business Combinations and Consolidated Financial Statements

Condensed Balance Sheets as of Date of Merger

Ahmadi Corporation and Subsidiaries Workpapers for Consolidated Balance Sheet As of December 31, 2003

Alto Company and Bass Company Balance Sheets at January 1, 2003(before combination)

Alto Company and Bass Company Consolidated Working Papers For Date of Combination—1/1/03

Alto Company and Bass Company Consolidated Balance Sheet at January 1, 2003 (immediately after combination)

Alto Company and Bass Company Consolidated Working Papers For Date of Combination—1/1/03

Alto Company and Bass Company Consolidated Working Papers Year Ended December 31, 2003

Adams Corporation and Benbow Company, Inc.Combined Balance Sheet December 31, 2003

Chapter 14: Leases

Upon Sale of Equipment on January 1, 2003

To Record First Payment on January 1, 2003

To Record Incurrence and Payment of Executory Costs

To Record Depreciation Expense on the Equipment, December 31, 2003

To Amortize Profit on Sale-Leaseback by Lessee Corp., December 31, 2003

To Record Interest for 2001, December 31, 2003

Partial Lease Amortization Schedule

TREATMENT OF SELECTED ITEMS IN ACCOUNTING FOR LEASES UNDER US GAAP

Chart 1

Chart 2

Chapter 15: Income Taxes

Ghiza International

Tax Calculation "Excluding" Extraordinary Item

Tax Calculation "Including" Extraordinary Item

Income Statement

Chapter 17: Stockholders' Equity

Statement of Changes in Stockholders' Equity (Including Retained Earnings Statement)

Chapter 18: Earnings Per Share

Computations of Basic and Diluted Earnings Per Share

Chapter 21: Accounting Changes and Correction of Errors

Zircon Company Extracts from Income Statement

Zircon Company Statement of Changes in Equity (Retained Earnings columns only)

Zircon Company Extracts from Income Statement

Zircon Company Statement of Changes in Equity (Retained Earnings columns only)

Dhow Corp. Extracts from Income Statement

Dhow Corp. Statement of Changes in Equity (Retained Earnings columns only)

Dhow Corp. Extracts from Income Statement

Dhow Corp. Statement of Changes in Equity (Retained Earnings columns only)

Chapter 22: Foreign Currency

German Company Balance Sheet at December 31, 2002

German Company Combined Statement of Income and Retained Earnings for the Year Ended December 31, 2002

German Company Balance Sheet Translation at December 31, 2002

German Company Combined Income and Retained Earnings Statement Translation for the Year Ended December 31, 2002

German Company Statement of Cash Flows for the Year Ended December 31, 2002

German Company Balance Sheet December 31

German Company Combined Statement of Income and Retained Earnings for the Year Ended December 31, 2003

German Company Balance Sheet Translation at December 31, 2003

German Company Combined Income and Retained Earnings Statement Translation for the Year Ended December 31, 2003

German Company Statement of Cash Flows for the Year Ended December 31, 2003

Chapter 24: Specialized Industries

ABC Banking Corporation Statement of Income For the Years Ended December 31, 2003 and 2002

ABC Banking Corporation Balance Sheet As at December 31, 2003 and 2002

Neighborhood Bank Consolidated Statement of Cash Flows For the Year Ended December 31, 2003

XYZ Defined Contribution Plan Statement of Net Assets Available for Benefits December 31, 2003 (in thousands of US dollars)

ABC Defined Benefit Plan Statement of Net Assets Available for Benefits, Actuarial Present Value of Accumulated Retirement Benefits and Plan Excess or Deficit December 31, 2003 (in thousands of US dollars)

ABC Defined Benefit Plan Statement of Changes in Net Assets Available for Benefits December 31, 2003 (in thousands of US dollars)

Chapter 25: Inflation and Hyperinflation

DeKalb Thermodynamics Inc. Statements of Income from Continuing Operations Year Ended December 31, 2002

Appendix B: Illustrative Financial Statements Presented Under IAS

Simple Traders Inc. Balance Sheet As of June 30, 2002

Simple Traders Inc. Statement of Income As of June 30, 2002

Simple Traders Inc. Statement of Changes in Equity For the Year Ended June 30, 2002

Simple Traders Inc. Statement of Cash Flows For the Year Ended June 30, 2002

Simple Manufacturing Inc. Balance Sheet As at June 30, 2002

Simple Manufacturing Inc. Statement of Income For the Year Ended June 30, 2002

Simple Manufacturing Inc. Statement of Changes in Shareholders' Equity For the Year Ended June 30, 2002

Simple Manufacturing Inc. Statement of Cash Flows For the Year Ended June 30, 2002

Simple Bank Plc Consolidated Balance Sheets at December 31, 2001 and 2000

Simple Bank Plc Statement of Income Consolidated Balance Sheets at December 31, 2001 and 2000

Simple Bank Plc Consolidated Statement of Cash Flows For the years ended December 31, 2003 and 2002