Perspectives on International Financial Reporting and Auditing in the Airline Industry

by Can Öztürk

Overview

Perspectives on International Financial Reporting and Auditing in the Airline Industry draws on the framework of financial reporting in the global airline industry for the year 2018 and 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).

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 analyses the cumulative of 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 and it 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.

Product Details

ISBN-13:	9781789737608
Publisher:	Emerald Publishing Limited
Publication date:	02/03/2022
Series:	Studies in Managerial and Financial Accounting , #35
Pages:	200
Product dimensions:	5.98(w) x 9.02(h) x 0.61(d)

About the Author

Can Öztürk is an Associate Professor of Financial, International, and Comparative Accounting at the Department of Management, Çankaya University, Turkey where he teaches financial and managerial accounting, financial statement analysis, International Financial Reporting Standards, international trade accounting, and accounting for multinational enterprises.

Table of Contents

Part I International Financial Reporting
Chapter 1. Overview of Financial Reporting in the Airline Industry
Chapter 2. Some Observations on IFRS Accounting Policy Choices: The Case of the Airline Industry
Chapter 3. Some Observations on IFRS 15 and IFRS 16 in the Airline Industry: The Case of Air France – KLM
Chapter 4. Some Observations on IFRS 8 Operating Segments: The Case of the Airline Industry
Part II International Auditing
Chapter 5. Some Observations on International Auditing: The Case of the Airline Industry