IFRS 2013-05-03 20:08:51

Hello everyone! Can somebody help me?  Which public companies provide their reports both in accordance with IFRS and GAAP ? Thank you beforehand for help!

Tools ‹ IFRS LIST.COM – The online community about IAS IFRS, Accounting and Auditing — WordPress

Tools ‹ IFRS LIST.COM – The online community about IAS IFRS, Accounting and Auditing — WordPress. Related posts:IFRS: a help or a headache? Apply for MSc in Accounting and Control in Amsterdam Request for auditing standard Assistance for Audit...


Dear Sirs, My query is related to IAS-17 described below : A tenant is leased an office and billed for a year. The lease agreement is signed and handed over the kays. The tenant did not pay rent and legal case filed. The lease agreement is renewed automatically and keys are still with the tenant. [...]

By |October 14th, 2010|AUDIT, IAS 18, IFRS BLOG, OTHER IFRS|5 Comments

Question about goodwill

Hello, I would be grateful for your advice on the following situation: Company P buys 100% of company A and recognises goodwill in its consolidated financial statements. 3 months later the two companies merge and in the next period's financial statements the goodwill is no longer separately presented, but presented in the notes as part [...]

By |September 9th, 2010|AUDIT, CONSOLIDATION, IAS 38, OTHER IFRS|8 Comments

Non Profit Agency and Auditing

Can a funding agency enter into a bilateral contract with an external auditor to subject a non-profit entity to an external financial audit? The supposed audit engagement fee will be paid directly by the funder to the external auditor. The non-profit does not become a party to the audit engagement. Then, who becomes the addressee [...]

By |December 6th, 2009|AUDIT|3 Comments

IFRS Seminar in Mumbai


Fradulant Presentation of Financial Statement

Dear All, Please guide me on below mentioned 1: If a group would not consolidate its account and use its group companies to hide its loses. ( Fradulant Presentation of Financial Statement ) Where it should be reported and how.specialy in focus of UAE. 1: If a chartered accountant firm voilating professional and ethical code [...]

By |March 25th, 2009|AUDIT|0 Comments

Audit quality control

Greating Dear sir Can we measure or assured the quality of audit? With regard kalehiwot

By |March 3rd, 2009|AUDIT|2 Comments

Audit Informationa Hotel (Hospitality) Project

Dear Collegues,Really appriciate if anybody could share me the Hotel Internal Audit Procedure and plan, stretegy (Hospitality). or any website link, PDF, presentation file.Thanks in advance

By |December 15th, 2008|AUDIT|0 Comments

Request for auditing standard

Dear all, Can you share me the international auditing standard document. Thanks Danella,I double checked after the comment below, and I agree with Hemant. IAS 21.28 explicitly states that gains/losses on forex should be recognized in P&L. The forex is not attributable to the asset but to the financial liability. My apologies for my earlier [...]

By |December 15th, 2008|AUDIT|1 Comment

Internal audit procedures

Hello   does anyone have sample internal audit questionary? SOX survey ? procedures etc.???   thanks     Dear Could you specify the concerning areas u need sample questionnaires!

By |December 15th, 2008|AUDIT|0 Comments

Inventory Report

Hi... I will really appreciate if someone can tell me the format of writing inventory auditing report. Thank u very much, Ibn Hi Please give some more information regarding what you need Hi.. thanx. Recently i have taken physical stock at out warehouse n have noticed some discrepencies. i wanna repot it. i want to [...]

By |December 15th, 2008|AUDIT|0 Comments

Reversal of a previuos inventory writedown

Dear All Kindly feed me back regarding the reversal of any previuos writedown that had been made in a previuos period. Is it possible to reverse a wirte down for inventory made in 2007 to be reversed in 2008 Noting that I couldn’t reach any speci...

By |December 14th, 2008|AUDIT, IAS 2, IAS 8, IFRS, TAX|0 Comments

Acquisition accounting

Dear all, I have a question in relation to acquisition accounting in accordance with IFRS3. In this case a parent company A acquires all the shares in subsidiary company B for (say) 50M. This cost price represents a goodwill over the fair value of the ...


Dear All   Can any body tell me that is budget only for expenses or can be for Asset, liabilities and income also. My openion is it can be for all (Asset, liability, Expense and income). Please help me according to the IAS/IFRS. – Best regard...

By |December 14th, 2008|AUDIT, IFRS, OTHER, TAX|0 Comments

Cash basis – accrual basis

Dear all, during an interview I was asked this question and I am still in doubt about the reply. If you need to audit an entity which is going to change from a cash basis to an accrual basis accounting system, what would you audit first and why? Thanks...

By |December 14th, 2008|AUDIT, IFRS, TAX|0 Comments

Consolidation , Foreign exchanges ( rates)

Dear All , Kindly need your urgent help We Have more than 10 companies in different countries and using different currencies : 1- our holding company send us every month end the conversion rate that we should use for each currency in order to be able...


Categories of financial assets IAS 39

Hi, Members.   In regard to the above subject please help me to answer the following question.   One of the four categories of financial assets as classified in IAS 39, Financial Instruments: Recognition and Measurement is subject to “tainting...

By |December 14th, 2008|AUDIT, DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39, IFRS|0 Comments

Not-for-profit organizations

In Canada, public companies and financial institutions (generally) will be adopting IFRS in 2011. Private companies will have the choice between IFRS and or local Canadian standards specifically for them. It has not been announce yet what will happen w...


Impairment Goodwill

Por favor podría alguien indicarme en donde puedo encontrar información sobre metodologías para la medición del deterioro del Goodwill. Sería Adecuado usar multiplos como base para su medición. Please could someone tell me where can I find inform...

By |December 14th, 2008|AUDIT, CONSOLIDATION, DOCUMENTS, IAS 36, IFRS|0 Comments