Download or read book Accounting for Financial Instruments written by Cormac Butler and published by John Wiley & Sons. This book was released on 2009-02-18 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This practical book shows how to deal with the complicated area of accounting of financial instruments. Containing a huge number of sophisticated worked examples, the book treats this complex subject in a way that gives clear guidance on the subject. In an introductory, controversial overview of the subject, the book highlights the mistakes that both auditing firms and the accounting standard setters are making, and demonstrates the contribution the International Financial Reporting Standards have made to the current credit crisis.