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Changes to LEASE Accounting, What Are the MAIN PROPOSALS? 31 May 2013 | 10:00 am
As mentioned before in my post “Latest Changes for Lease Accounting”, on 16 May 2013, the IASB and the FASB published for public comment a revised ED outlining proposed changes to the accounting for L...
Changes to LEASE Accounting, What Are the MAIN PROPOSALS? 31 May 2013 | 10:00 am
As mentioned before in my post “Latest Changes for Lease Accounting”, on 16 May 2013, the IASB and the FASB published for public comment a revised ED outlining proposed changes to the accounting for L...
Latest Changes for LEASE Accounting 30 May 2013 | 03:16 pm
On 16 May 2013, the International Accounting Standards Board (IASB) and the US based Financial Accounting Standards Board (FASB) published for public comment a revised Exposure Draft (ED) outlining pr...
Latest Changes for LEASE Accounting 30 May 2013 | 03:16 pm
On 16 May 2013, the International Accounting Standards Board (IASB) and the US based Financial Accounting Standards Board (FASB) published for public comment a revised Exposure Draft (ED) outlining pr...
The Objective and Scope of IAS 12, INCOME TAXES 15 May 2013 | 04:39 pm
The OBJECTIVE of IAS 12 is to prescribe the accounting treatment for INCOME TAXES. The principal issue in accounting for income taxes is how to account for the CURRENT and FUTURE tax consequences of :...
The Objective and Scope of IAS 12, INCOME TAXES 15 May 2013 | 04:39 pm
The OBJECTIVE of IAS 12 is to prescribe the accounting treatment for INCOME TAXES. The principal issue in accounting for income taxes is how to account for the CURRENT and FUTURE tax consequences of :...
The Minimum Indications have to be considered in assessing IMPAIRMENT of Non Financial Assets 14 Mar 2013 | 12:29 pm
IAS 36 regulates the impairment of Non Financial Assets. An asset is impaired when its carrying amount exceeds its recoverable amount. Paragraphs 12-14 of IAS 36 describe some indications that an impa...
The Minimum Indications have to be considered in assessing IMPAIRMENT of Non Financial Assets 14 Mar 2013 | 12:29 pm
IAS 36 regulates the impairment of Non Financial Assets. An asset is impaired when its carrying amount exceeds its recoverable amount. Paragraphs 12-14 of IAS 36 describe some indications that an impa...
Translation to the Presentation Currency from the Functional Currency 14 Aug 2011 | 01:41 am
IAS 21, The Effect of Changes in Foreign Exchange Rates defines Presentation Currency as the currency in which the financial statements are presented. While the Functional Currency was defined as the ...
Translation to the Presentation Currency from the Functional Currency 13 Aug 2011 | 09:48 pm
IAS 21, The Effect of Changes in Foreign Exchange Rates defines Presentation Currency as the currency in which the financial statements are presented. While the Functional Currency was defined as the ...
