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	<title>IFRS LIST.com &#187; IFRS</title>
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		<title>Tools ‹ IFRS LIST.COM – The online community about IAS IFRS, Accounting and Auditing — WordPress</title>
		<link>http://www.ifrslist.com/2010/11/13/tools-%E2%80%B9-ifrs-list-com-%E2%80%93-the-online-community-about-ias-ifrs-accounting-and-auditing-%E2%80%94-wordpress/</link>
		<comments>http://www.ifrslist.com/2010/11/13/tools-%E2%80%B9-ifrs-list-com-%E2%80%93-the-online-community-about-ias-ifrs-accounting-and-auditing-%E2%80%94-wordpress/#comments</comments>
		<pubDate>Sat, 13 Nov 2010 06:29:58 +0000</pubDate>
		<dc:creator>riyer0018</dc:creator>
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		<description><![CDATA[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...


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<li><a href='http://www.ifrslist.com/2010/02/26/ifrs-a-help-or-a-headache-apply-for-msc-in-accounting-and-control-in-amsterdam/' rel='bookmark' title='Permanent Link: IFRS: a help or a headache? Apply for MSc in Accounting and Control in Amsterdam'>IFRS: a help or a headache? Apply for MSc in Accounting and Control in Amsterdam</a></li>
<li><a href='http://www.ifrslist.com/2009/06/13/option-accounting-entries/' rel='bookmark' title='Permanent Link: Option Accounting Entries'>Option Accounting Entries</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS: a help or a headache? Apply for MSc in Accounting and Control in Amsterdam</title>
		<link>http://www.ifrslist.com/2010/02/26/ifrs-a-help-or-a-headache-apply-for-msc-in-accounting-and-control-in-amsterdam/</link>
		<comments>http://www.ifrslist.com/2010/02/26/ifrs-a-help-or-a-headache-apply-for-msc-in-accounting-and-control-in-amsterdam/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 09:13:40 +0000</pubDate>
		<dc:creator>masterprog</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[NEWS]]></category>
		<category><![CDATA[TRAINING]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1793</guid>
		<description><![CDATA[IFRS: a help or a headache?
Well, maybe the International Financial Reporting Standards are a bit of both. But rest assured, this Master’s will give you a solid grounding in IFRS, one that will enable you to understand the increasing complexity of state-of-the-art financial reporting &#62; www.feweb.vu.nl/masteraccountingandcontrol (application deadline 1st of April 2010)


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<li><a href='http://www.ifrslist.com/2011/08/18/how-to-apply-ifrs-impairment-charges-on-loans/' rel='bookmark' title='Permanent Link: How to apply IFRS impairment charges on loans'>How to apply IFRS impairment charges on loans</a></li>
<li><a href='http://www.ifrslist.com/events/2011/03/29/london-%E2%80%93-ifrs-taxonomy-annual-convention-%E2%80%93-save-10-as-ifrslist-member-29th-march-2011/' rel='bookmark' title='Permanent Link: London – IFRS Taxonomy Annual Convention – Save 10% as IFRSList member – 29th March 2011'>London – IFRS Taxonomy Annual Convention – Save 10% as IFRSList member – 29th March 2011</a></li>
</ol>]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>New book “Accounting for Equity and Other Comprehensive Income: Dual Reporting Under U.S. GAAP and IFRSs”.</title>
		<link>http://www.ifrslist.com/2009/11/17/new-book-%e2%80%9caccounting-for-equity-and-other-comprehensive-income-dual-reporting-under-us-gaap-and-ifrss%e2%80%9d/</link>
		<comments>http://www.ifrslist.com/2009/11/17/new-book-%e2%80%9caccounting-for-equity-and-other-comprehensive-income-dual-reporting-under-us-gaap-and-ifrss%e2%80%9d/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 15:20:53 +0000</pubDate>
		<dc:creator>IFRSresearch</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LOCAL GAAP vs IFRS]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[IFRS. US GAAP]]></category>
		<category><![CDATA[OCI]]></category>
		<category><![CDATA[other comprehensive income]]></category>
		<category><![CDATA[reserves]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1499</guid>
		<description><![CDATA[The book “Accounting for Equity and Other Comprehensive Income: Dual Reporting Under U.S. GAAP and IFRSs”, by Francesco Bellandi, CPA, CA, ACCADipIFR, MBA, Sapienza Rome State University Press is now available on-line at at Dualgaap.com or Casalini.com. Paperback purchases can be ordered at redazionecasaeditrice@uniroma1.it. 
This book examines and compares the reporting of stockholders’ equity as required by U.S. GAAP, SEC rules and regulations, and IFRSs (International Financial Reporting Standards), including proposed Exposure Drafts, Discussion Papers and relevant convergence efforts of the FASB and the IASB. The book also identifies grey ...


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<li><a href='http://www.ifrslist.com/2008/12/14/fwd-ifrs-list-income-statements/' rel='bookmark' title='Permanent Link: Income Statements'>Income Statements</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-equity-accounting/' rel='bookmark' title='Permanent Link: Equity accounting.'>Equity accounting.</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Accounting treatment for rental deposit</title>
		<link>http://www.ifrslist.com/2009/09/30/accounting-treatment-for-rental-deposit/</link>
		<comments>http://www.ifrslist.com/2009/09/30/accounting-treatment-for-rental-deposit/#comments</comments>
		<pubDate>Wed, 30 Sep 2009 08:02:15 +0000</pubDate>
		<dc:creator>rreddy</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[HOW TO ACCOUNT]]></category>
		<category><![CDATA[RENTAL]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1435</guid>
		<description><![CDATA[Hello fellow accountants,
I am Ravishankar Reddy, a Chartered Accountant from India. I have certain doubts as to the accounting treatment of rental deposit paid.
For example, &#8216;X&#8217; pays rent of $ 10,000 per month for an office premises. He enter into a agreement with his landlord for a period of 3 years. He also pays a rental deposit of $1,00,000. Should there be any accounting effect for the &#8216;interest lost&#8217; on this rental deposit as the tenant (X) is foregoing $ 1,00,000? Assume market interest rate of 10%
 Can anyone explain all ...


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</ol>]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Restatement of Advance for share capital</title>
		<link>http://www.ifrslist.com/2009/08/16/1393/</link>
		<comments>http://www.ifrslist.com/2009/08/16/1393/#comments</comments>
		<pubDate>Sun, 16 Aug 2009 07:50:33 +0000</pubDate>
		<dc:creator>anupam</dc:creator>
				<category><![CDATA[IFRS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1393</guid>
		<description><![CDATA[Dear All,
Your guidance is required for the following issue.
Company has received some funds in foreign currency from its Parent company . A portion of the same was booked under the head &#8220;secured loan&#8221; and another portion as &#8220;Advance against sharecapital&#8221;. When we are restating the foreign currency liability is there any need to restate the portion shown as Advance against sharecapital? IAS21 does&#8217;nt give a clear picture for the same. Kindly guide me.
Thanks
Anupam


Related posts:Exchange difference on advance received for issue of shares
Treatement in IFRS for scrap sales linked with Capital ...


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<li><a href='http://www.ifrslist.com/2009/08/16/treatement-in-ifrs-for-scrap-sales-linked-with-capital-work-in-progress/' rel='bookmark' title='Permanent Link: Treatement in IFRS for scrap sales linked with Capital work in progress'>Treatement in IFRS for scrap sales linked with Capital work in progress</a></li>
<li><a href='http://www.ifrslist.com/2010/11/09/change-functional-currency/' rel='bookmark' title='Permanent Link: Change Functional currency'>Change Functional currency</a></li>
</ol>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Treatement in IFRS for scrap sales linked with Capital work in progress</title>
		<link>http://www.ifrslist.com/2009/08/16/treatement-in-ifrs-for-scrap-sales-linked-with-capital-work-in-progress/</link>
		<comments>http://www.ifrslist.com/2009/08/16/treatement-in-ifrs-for-scrap-sales-linked-with-capital-work-in-progress/#comments</comments>
		<pubDate>Sun, 16 Aug 2009 07:36:26 +0000</pubDate>
		<dc:creator>anupam</dc:creator>
				<category><![CDATA[IFRS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1390</guid>
		<description><![CDATA[Dear All
Please help me to know the treatement of Scrap sales related to Capital Work in progress (CWIP). The income generated from the sale of scrap directly linked with the CWIP should be reduced from CWIP or should be taken to P&#38;L?
 
Thanks &#38; Regards
Anupam


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Work in progress
Restatement of Advance for share capital



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<li><a href='http://www.ifrslist.com/2009/08/16/1393/' rel='bookmark' title='Permanent Link: Restatement of Advance for share capital'>Restatement of Advance for share capital</a></li>
</ol>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>IFRS Seminar in Mumbai</title>
		<link>http://www.ifrslist.com/2009/07/14/ifrs-seminar-in-mumbai/</link>
		<comments>http://www.ifrslist.com/2009/07/14/ifrs-seminar-in-mumbai/#comments</comments>
		<pubDate>Tue, 14 Jul 2009 10:15:11 +0000</pubDate>
		<dc:creator>helixservices</dc:creator>
				<category><![CDATA[AUDIT]]></category>
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		<guid isPermaLink="false">http://www.ifrslist.com/?p=1376</guid>
		<description><![CDATA[
Helix Business Solutions
Energizing your organization….
 
ICAI has announced that all financial institutions have to report their financials in the IFRS format by 2011.  Are you prepared for it?
 
Helix Business Solutions is keeping a seminar on IFRS on 24th July 2009. It is a 2-day seminar in one of the best hotels in Mumbai with state-of-art facilities. The session will introduce you to the concepts of IFRS and how it impacts India Inc. Each accounting standard and its impact will be covered in detailed.
 
Date: Friday, 24th July 2009 and Saturday,25th July 2009
Time:10:00 ...


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</ol>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Joint AICPA/IASC Foundation Conference on IFRS</title>
		<link>http://www.ifrslist.com/2009/06/18/joint-aicpaiasc-foundation-conference-on-ifrs/</link>
		<comments>http://www.ifrslist.com/2009/06/18/joint-aicpaiasc-foundation-conference-on-ifrs/#comments</comments>
		<pubDate>Thu, 18 Jun 2009 18:05:04 +0000</pubDate>
		<dc:creator>etrose</dc:creator>
				<category><![CDATA[EVENTS]]></category>
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		<guid isPermaLink="false">http://www.ifrslist.com/?p=1357</guid>
		<description><![CDATA[The AICPA and IASC Foundation’s International Financial Reporting Standards (IFRS) in North America 2009 (October 29-30, 2009 in New York with Pre-Conference Workshops October 28) conference features in-depth presentations, panel discussions and extensive Q&#38;A sessions on the most current developments impacting you and your organization with Sir David Tweedie from the IASB, Bob Herz from the FASB, leaders from other U.S. Regulatory bodies in addition to Paul Volcker (participtation is subject to confirmation), Chairman, U.S. Economic Recovery Advisory Board. Delegates will hear from companies that have already adopted IFRS, giving ...


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<li><a href='http://www.ifrslist.com/2009/05/26/iasc-foundation-ifrs-conference-seoul-%e2%80%93-final-programme-now-available/' rel='bookmark' title='Permanent Link: IASC Foundation IFRS Conference Seoul – Final Programme now available!'>IASC Foundation IFRS Conference Seoul – Final Programme now available!</a></li>
<li><a href='http://www.ifrslist.com/2009/05/18/iasc-foundation-ifrs-conference-milan-%e2%80%93-register-by-22nd-may-save-up-to-300-euros/' rel='bookmark' title='Permanent Link: IASC Foundation IFRS Conference: Milan – Register by 22nd May &#038; SAVE up to 300 Euros!'>IASC Foundation IFRS Conference: Milan – Register by 22nd May &#038; SAVE up to 300 Euros!</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Plant Replacement Reserve</title>
		<link>http://www.ifrslist.com/2009/05/12/plant-replacement-reserve/</link>
		<comments>http://www.ifrslist.com/2009/05/12/plant-replacement-reserve/#comments</comments>
		<pubDate>Tue, 12 May 2009 07:35:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[PLANT]]></category>
		<category><![CDATA[RESERVE]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1286</guid>
		<description><![CDATA[Dear Members
What does IFRS or GAAP say about plant repacement reserve . In particular I would like to know when/how  one can use the reserve.
Thanks.


Related posts:IAS 16 – Property, Plant and Equipment
Difference b/w &#34;Current Cost&#34; &#38; &#34;Replacement Cost&#34;
Differences between Spanish and GAAP/and German v US GAAP?



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<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-difference-bw-current-cost-replacement-cost/' rel='bookmark' title='Permanent Link: Difference b/w &#34;Current Cost&#34; &#38; &#34;Replacement Cost&#34;'>Difference b/w &#34;Current Cost&#34; &#38; &#34;Replacement Cost&#34;</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-differences-between-spanish-and-gaapand-german-v-us-gaap/' rel='bookmark' title='Permanent Link: Differences between Spanish and GAAP/and German v US GAAP?'>Differences between Spanish and GAAP/and German v US GAAP?</a></li>
</ol>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Splitting out G&amp;A</title>
		<link>http://www.ifrslist.com/2009/04/23/splitting-out-ga/</link>
		<comments>http://www.ifrslist.com/2009/04/23/splitting-out-ga/#comments</comments>
		<pubDate>Thu, 23 Apr 2009 13:34:03 +0000</pubDate>
		<dc:creator>ljdahl</dc:creator>
				<category><![CDATA[GENERAL INFO]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LOCAL GAAP vs IFRS]]></category>
		<category><![CDATA[OTHER IFRS]]></category>
		<category><![CDATA[G&A]]></category>
		<category><![CDATA[rent]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1270</guid>
		<description><![CDATA[Question:
When you’re talking about material class of similar items, does that mean for example that you have to break rent out of G&#38;A line item?  Both rent and G&#38;A are material amounts and so which is the standard way to do things.
(1) group both in one line item and disclose in notes the two material amounts
(2) group in unique line items
Thanks in advance


Related posts:Non-Recurring Items
Suggestions required . . . .
IAS-27 query



Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/non-recurring-items/' rel='bookmark' title='Permanent Link: Non-Recurring Items'>Non-Recurring Items</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-suggestions-required/' rel='bookmark' title='Permanent Link: Suggestions required . . . .'>Suggestions required . . . .</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-27-query/' rel='bookmark' title='Permanent Link: IAS-27 query'>IAS-27 query</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/04/23/splitting-out-ga/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Capital work in progress</title>
		<link>http://www.ifrslist.com/2009/02/26/capital-work-in-progress/</link>
		<comments>http://www.ifrslist.com/2009/02/26/capital-work-in-progress/#comments</comments>
		<pubDate>Thu, 26 Feb 2009 16:13:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CAPITAL]]></category>
		<category><![CDATA[CAPITAL WIP]]></category>
		<category><![CDATA[WORK IN PROGRESS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1186</guid>
		<description><![CDATA[Dear Experts,
What is the accounting treatment of capital work in progress for the period before commissioning under the following two scenarios?
1.       The assets are finance from the company’s internal sources.
2.       The assets are financed by the govt in form of a grant from an international financial institution.
Kind refer to the applicable IAS/IFRS. 
Benaya


Related posts:Treatement in IFRS for scrap sales linked with Capital work in progress
Work in progress
IAS 20



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<li><a href='http://www.ifrslist.com/2009/02/13/work-in-progress/' rel='bookmark' title='Permanent Link: Work in progress'>Work in progress</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-20/' rel='bookmark' title='Permanent Link: IAS 20'>IAS 20</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/02/26/capital-work-in-progress/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Treatment of Storage Costs</title>
		<link>http://www.ifrslist.com/2009/02/15/treatment-of-storage-costs/</link>
		<comments>http://www.ifrslist.com/2009/02/15/treatment-of-storage-costs/#comments</comments>
		<pubDate>Sun, 15 Feb 2009 18:30:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[INVENTORY]]></category>
		<category><![CDATA[RENTAL]]></category>
		<category><![CDATA[STORAGE COST]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1155</guid>
		<description><![CDATA[Hi All,
Can someone advice the correct treatment of the below case under IFRS.
A company is trading in Fuel Oil. It purchases fuel oil, stores it in tanks and sells it.
As a result it incurs fuel costs and also storage costs (tank rentals).
In a particular transaction, the company purchased fuel oil in Dec 2008 and stored it in tanks hired particularly for this transaction and sold the fuel in Jan 2009.
The question is on the treatment of the storage costs (tank rentals) of the particular tank for the month of Dec ...


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<li><a href='http://www.ifrslist.com/2009/04/23/classification-of-ppe-investment-properties-and-assets-held-for-sales/' rel='bookmark' title='Permanent Link: Classification of PPE, Investment Properties and Assets held for sales'>Classification of PPE, Investment Properties and Assets held for sales</a></li>
</ol>]]></description>
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		<slash:comments>17</slash:comments>
		</item>
		<item>
		<title>IFRS financial statements for year end December 2008</title>
		<link>http://www.ifrslist.com/2009/02/13/ifrs-financial-statements-for-year-end-december-2008/</link>
		<comments>http://www.ifrslist.com/2009/02/13/ifrs-financial-statements-for-year-end-december-2008/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 20:57:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EXAMPLE]]></category>
		<category><![CDATA[EY]]></category>
		<category><![CDATA[FINANCIAL STATEMENT]]></category>
		<category><![CDATA[IFRS NOTES]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1145</guid>
		<description><![CDATA[EY published the following items:
- 2008 edition of Good Group that contains the IFRS consolidated financial statements of a fictitious company, Good Group (International) Limited, a manufacturing company with subsidiaries, incorporated and listed in Euroland, with a reporting date of 31 December 2008. The standards applied in these consolidated financial statements are those that were in issue at 30 September 2008
- 2008 Disclosure checklist that covers all standards and interpretations approved and issued by the IASB as of 15 October 2008.
Have a good joining&#8230;


Related posts:IASPLUS Update. Closing Out 2008
IFRS Update ...


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<li><a href='http://www.ifrslist.com/2009/08/24/ifrs-update-essential-update-for-2009-2010-financial-statements-save-up-to-675-register-by-the-4th-sept-2009/' rel='bookmark' title='Permanent Link: IFRS Update &#8211; Essential Update for 2009 &#038; 2010 Financial Statements &#8211; SAVE up to £675 (Register by the 4th Sept 2009)'>IFRS Update &#8211; Essential Update for 2009 &#038; 2010 Financial Statements &#8211; SAVE up to £675 (Register by the 4th Sept 2009)</a></li>
<li><a href='http://www.ifrslist.com/2009/07/09/ifrs-for-small-and-medium-sized-entities-smes/' rel='bookmark' title='Permanent Link: IFRS for Small and Medium Sized Entities (SMEs)'>IFRS for Small and Medium Sized Entities (SMEs)</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/02/13/ifrs-financial-statements-for-year-end-december-2008/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Work in progress</title>
		<link>http://www.ifrslist.com/2009/02/13/work-in-progress/</link>
		<comments>http://www.ifrslist.com/2009/02/13/work-in-progress/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 13:11:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[WORK IN PROGRESS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1143</guid>
		<description><![CDATA[Dear Experts,
An Org. is into construction of building and renting to tenants for offices as considered as PPE due to other revenue significant.
Building under construction remain in CWIP. Now at the year end what if contractor has not submitted payment certificate up to year end and on sending confirmation to him, there is difference in balance
payable.
Do we need to account CWIP and LIABILITY without having payment certificate for value of work done up to 31.12.08.
There wont be any impact on Dep due to CWIP.
What if building is capitalised in 2008 ...


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<li><a href='http://www.ifrslist.com/2009/02/26/capital-work-in-progress/' rel='bookmark' title='Permanent Link: Capital work in progress'>Capital work in progress</a></li>
<li><a href='http://www.ifrslist.com/2012/02/04/ias-16-ppe/' rel='bookmark' title='Permanent Link: IAS 16 PPE'>IAS 16 PPE</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Administrative expenditure before the commencement of business</title>
		<link>http://www.ifrslist.com/2009/02/04/administrative-expenditure-before-the-commencement-of-business/</link>
		<comments>http://www.ifrslist.com/2009/02/04/administrative-expenditure-before-the-commencement-of-business/#comments</comments>
		<pubDate>Wed, 04 Feb 2009 06:32:55 +0000</pubDate>
		<dc:creator>ca.lokeshjain</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[start-up]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1129</guid>
		<description><![CDATA[Could any body tell me that as per the IFRS what will be treatment of the administrative expenditure (revenue expenditure) before the commencement of business, Will it be treated as revenue expenditure and come in P&#38;L A/c or it will come under the definition of capital expenditure bcoz we have expensed it before the commence ment of busineess?


Related posts:Preliminery expenses
Budget
COST DIRECTLY ATTRIBUTABLE TO THE BUSINESS COMBINATIONS



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<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-budget/' rel='bookmark' title='Permanent Link: Budget'>Budget</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/cost-directly-attributable-to-the-business-combinations/' rel='bookmark' title='Permanent Link: COST DIRECTLY ATTRIBUTABLE TO THE BUSINESS COMBINATIONS'>COST DIRECTLY ATTRIBUTABLE TO THE BUSINESS COMBINATIONS</a></li>
</ol>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>IASPLUS Update. Closing Out 2008</title>
		<link>http://www.ifrslist.com/2009/02/02/iasplus-update-closing-out-2008/</link>
		<comments>http://www.ifrslist.com/2009/02/02/iasplus-update-closing-out-2008/#comments</comments>
		<pubDate>Mon, 02 Feb 2009 10:15:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[RESOURCES]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1125</guid>
		<description><![CDATA[I suggest you an useful newsletter published by Deloitte (iasplus.com) that provides a high level overview of new and revised Standards and Interpretations that are effective for December 2008 and later accounting periods.
Have a good joining.
Simone Salvi


Related posts:IAS PLUS Updates &#8211; IFRS Closing Out 2009
IFRS Closing 2011 Newsletter – By IASPlus
IAS PLUS Updates &#8211; IFRS Closing Out 2010



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<li><a href='http://www.ifrslist.com/docs/ifrs-closing-2011-newsletter-by-iasplus/' rel='bookmark' title='Permanent Link: IFRS Closing 2011 Newsletter – By IASPlus'>IFRS Closing 2011 Newsletter – By IASPlus</a></li>
<li><a href='http://www.ifrslist.com/2011/01/01/ias-plus-updates-ifrs-closing-out-2010/' rel='bookmark' title='Permanent Link: IAS PLUS Updates &#8211; IFRS Closing Out 2010'>IAS PLUS Updates &#8211; IFRS Closing Out 2010</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Listed EU companies</title>
		<link>http://www.ifrslist.com/2008/12/19/listed-eu-companies/</link>
		<comments>http://www.ifrslist.com/2008/12/19/listed-eu-companies/#comments</comments>
		<pubDate>Fri, 19 Dec 2008 05:50:17 +0000</pubDate>
		<dc:creator>gandhi</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LISTED COMPANIES]]></category>
		<category><![CDATA[STOCK EXCHANGE]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1060</guid>
		<description><![CDATA[hi
where can i get financial reports of IFRS compliant companies
specially in the finance field


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Taxation for Oil &#38; Gas Companies Accounting for Oil &#38; Gas Companies  IFRS for Oil &#38; Gas Companies – London – 6th, 7th, 8th December 2011
IFRS Financial Statements from North American Companies



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<li><a href='http://www.ifrslist.com/events/2011/12/06/taxation-for-oil-gas-companies-accounting-for-oil-gas-companies-ifrs-for-oil-gas-companies-london-6th-7th-8th-december-2011/' rel='bookmark' title='Permanent Link: Taxation for Oil &amp; Gas Companies Accounting for Oil &amp; Gas Companies  IFRS for Oil &amp; Gas Companies – London – 6th, 7th, 8th December 2011'>Taxation for Oil &amp; Gas Companies Accounting for Oil &amp; Gas Companies  IFRS for Oil &amp; Gas Companies – London – 6th, 7th, 8th December 2011</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs-financial-statements-from-north-american-companies/' rel='bookmark' title='Permanent Link: IFRS Financial Statements from North American Companies'>IFRS Financial Statements from North American Companies</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/19/listed-eu-companies/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>IFRS file (pdf) are now available in all EU languages</title>
		<link>http://www.ifrslist.com/2008/12/15/ifrs-file-pdf-are-now-available-in-all-eu-languages/</link>
		<comments>http://www.ifrslist.com/2008/12/15/ifrs-file-pdf-are-now-available-in-all-eu-languages/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 23:41:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-message-from-the-moderator-ifrs-file-pdf-are-now-available-in-all-eu-languages/</guid>
		<description><![CDATA[Dear allThis is just to inform you that IFRS file (pdf) in all EU Languages is
now online.Find your resource pdf here &#124;
http://eur-lex.europa.eu/JOHtml.do?uri=OJ%3AL%3A2008%3A320%3ASOM%3AEN%3AHTMLHave a good joining.
Regards
Simone Salvi


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IASPLUS Update. Closing Out 2008
Example of Financial Statement (Model IFRS financial statements for 2009)



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<li><a href='http://www.ifrslist.com/2009/02/02/iasplus-update-closing-out-2008/' rel='bookmark' title='Permanent Link: IASPLUS Update. Closing Out 2008'>IASPLUS Update. Closing Out 2008</a></li>
<li><a href='http://www.ifrslist.com/2009/10/27/example-of-financial-statement-model-ifrs-financial-statements-for-2009/' rel='bookmark' title='Permanent Link: Example of Financial Statement (Model IFRS financial statements for 2009)'>Example of Financial Statement (Model IFRS financial statements for 2009)</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Provision for commission to agents on outstanding premiums</title>
		<link>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-provision-for-commission-to-agents-on-outstanding-premiums/</link>
		<comments>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-provision-for-commission-to-agents-on-outstanding-premiums/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 23:41:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 37]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-provision-for-commission-to-agents-on-outstanding-premiums/</guid>
		<description><![CDATA[To all,
Can any one clarify whether it is necessary for provision for
commission to agents to be made for the premiums not yet received, at
the end of every month.
jay


For any provision, I think you&#8217;d first need to look at IAS 37 paragraph 14.
Is there a present obligation as a result of a past event?
Is it probable that there will be an outflow of resources to settle
the obligation?
Can the amount be reasonably estimated?
Whether or not the premiums have been received is not relevant.
Craig


If you recognise an income in the Profit &#38; Loss ...


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<li><a href='http://www.ifrslist.com/2008/12/15/termination-provisions/' rel='bookmark' title='Permanent Link: Termination provisions'>Termination provisions</a></li>
<li><a href='http://www.ifrslist.com/2010/10/03/bonus-provision-and-reversal/' rel='bookmark' title='Permanent Link: Bonus provision and reversal'>Bonus provision and reversal</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Termination provisions</title>
		<link>http://www.ifrslist.com/2008/12/15/termination-provisions/</link>
		<comments>http://www.ifrslist.com/2008/12/15/termination-provisions/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 23:40:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-termination-provisions/</guid>
		<description><![CDATA[Dear IFRS team,
We provide for early retirement or termination charges. Would it be
right in making the provision for the whole liability
(which could be for 5-10 years) that we know about in the year which
we make that commitment, or should this cost just hit the P&#38;L as and
when it occurs?
Many thanks for your help,
Sheetal


Hi Sheetal
Termination benefits are recognized only when the employer has
demonstrated its commitment to provide the benefits with a formal
detail plan for the dismissal of group of employees, when the employer
has contractually agreed to pay a termination benefit to ...


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<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-provision-for-commission-to-agents-on-outstanding-premiums/' rel='bookmark' title='Permanent Link: Provision for commission to agents on outstanding premiums'>Provision for commission to agents on outstanding premiums</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

