Valuation Method

Dear all. I have a question on valuation of equity investments. What is the best method to value an unquoted investment Cheers Shehzad   Well for unquoted investment you could: If there is substantial market and volume of such equity in the market then, you could value it using market price. If there is not [...]

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

Forex hedging treatment and disclosure.

Dear all My Company has an outstanding USD loan of say US$10m and as our main subsidiaries are operating in China and earns revenue denominated in RMB, which will ultimately flow to our company in terms of RMB dividend (converted to USD due to exchange regulation in PRC). As we need to make periodic payments [...]

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

Where can I find pdf copy of US GAAP and US GAAP APB?

Do anyone know where I can download copy of US GAAP and US GAAP APB? Thanks Dessanti for your answer Our position is less than 1%, we bought in the active market Euro a little position to speculate in market price. The IAS 39 don't include equity investment as applicable financial asset to recognized the [...]

By |December 15th, 2008|LOCAL GAAP vs IFRS|0 Comments

Equity investments AFS is a non-monetary items?

Hi all, We need some guidance in connection to apply the rules explained in IAS 21 related to if investments AFS in capital instruments is a non-monetary item.  Theses equity investments were made without the intention of take control on any compa...

By |December 14th, 2008|DOCUMENTS, FAIR VALUE, FINANCIAL INSTRUMENTS, IAS 16, IAS 2, IAS 21, IAS 39, IFRS|0 Comments

Preference Dividend

Dear All,   Can any one suggest me the following :- 1.what is the due date for payment of preference dividend declared by private company ? what is the rate of interest if the dividend is not paid with in the due date? 2.what is the rate of interest nominally charged if any deposit accepted from related party?   Please reply for the above with IFRS reference standards.   Sivasankar […]

By |August 28th, 2008|OTHER IFRS|0 Comments

Quasi Reorganization

I read this statement some where: The purposes of a quasi-reorganization are to restate overvalued assets to their lower fair values (and thus reduce future depreciation) and to eliminate a retained earnings deficit (and thus facilitate the declaration of dividends). How overvaluing  assets to their lower fair values will reduce the current deficit??? Although it [...]

By |August 28th, 2008|IFRS|0 Comments

Interest rate Swaps

Hi, What disclosures does a company need to give for Interest rate swaps and which standards are applicable for this. Thanks Aneel   Hi Prethy   Actually available for sale is an open category that means that if company did not decide where to classify it can be classified as  available for sale. However for [...]

By |August 28th, 2008|IFRS|0 Comments


Hey ya'll,   I need some guidance with the following issue:   In August 2000, Company A bought Company B.   Company A hired an Advisor to help it in obtaining financial resources to buy Company B. The advisor fees will be paid by Company A with a 3% of the future dividends to be distributed by [...]

By |August 27th, 2008|IFRS|0 Comments