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	<title>IFRS LIST.com &#187; FAIR VALUE</title>
	<atom:link href="http://www.ifrslist.com/tag/fair-value/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ifrslist.com</link>
	<description>The Community about IAS/IFRS, International Accounting</description>
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		<item>
		<title>Fair value as deemed cost for property</title>
		<link>http://www.ifrslist.com/2010/01/23/ifrs/</link>
		<comments>http://www.ifrslist.com/2010/01/23/ifrs/#comments</comments>
		<pubDate>Sat, 23 Jan 2010 09:53:48 +0000</pubDate>
		<dc:creator>sungyu</dc:creator>
				<category><![CDATA[IAS 16]]></category>
		<category><![CDATA[IFRS 1]]></category>
		<category><![CDATA[DEEMED COST]]></category>
		<category><![CDATA[FAIR VALUE]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1555</guid>
		<description><![CDATA[Hello to all IFRS expert,
Our company elects to use fair value at the date of transition as the deemed cost $100 of an item of property, plant and equipment. How we can account the difference $5 of the carrying amount $95 of the asset at that date with its deemed cost $100? Is it correct that we debit PPE $5 and credit Return Earning $5?


Related posts:Fair value as deemed cost for PPE
IAS 23 &#8211; Borrowing cost capitalization
Deemed sale of subsidiary



Related posts:<ol><li><a href='http://www.ifrslist.com/2010/04/07/fair-value-as-deemed-cost-for-ppe/' rel='bookmark' title='Permanent Link: Fair value as deemed cost for PPE'>Fair value as deemed cost for PPE</a></li>
<li><a href='http://www.ifrslist.com/2009/03/22/ias-23-borrowing-cost-capitalization/' rel='bookmark' title='Permanent Link: IAS 23 &#8211; Borrowing cost capitalization'>IAS 23 &#8211; Borrowing cost capitalization</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-fw-deemed-sale-of-subsidiary/' rel='bookmark' title='Permanent Link: Deemed sale of subsidiary'>Deemed sale of subsidiary</a></li>
</ol>]]></description>
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		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Live web presentation introducing the exposure draft on Fair Value Measurement &#8211; 30 June 2009</title>
		<link>http://www.ifrslist.com/2009/06/20/live-web-presentation-introducing-the-exposure-draft-on-fair-value-measurement-30-june-2009/</link>
		<comments>http://www.ifrslist.com/2009/06/20/live-web-presentation-introducing-the-exposure-draft-on-fair-value-measurement-30-june-2009/#comments</comments>
		<pubDate>Sat, 20 Jun 2009 10:50:29 +0000</pubDate>
		<dc:creator>asadlarik3</dc:creator>
				<category><![CDATA[EVENTS]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IFRS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1359</guid>
		<description><![CDATA[In May 2009 the IASB published an exposure draft on Fair Value Measurement.
Stephen Cooper, Member of the Board, Hilary Eastman, Project Manager and Henri Venter, Assistant Project Manager, will be introducing the exposure draft in a live web presentation on 30 June 2009 followed by a question and answer session. The exposure draft is open for comment until 28 September 2009.
The web presentation and the question and answer sessions will be recorded and made available on the project website soon after the presentation.
Register to participate
Each presentation, including the question and answer session, is expected to ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2009/05/22/live-web-presentation-introducing-the-exposure-draft-on-derecognition-27-may-2009/' rel='bookmark' title='Permanent Link: Live web presentation introducing the exposure draft on Derecognition ? 27 May 2009'>Live web presentation introducing the exposure draft on Derecognition ? 27 May 2009</a></li>
<li><a href='http://www.ifrslist.com/2009/10/21/infoline%e2%80%99s-ifrs-events-in-december-2009-zurich-save-up-to-e-1500-register-by-the-13th-nov-2009/' rel='bookmark' title='Permanent Link: Infoline’s IFRS events in December 2009 (Zurich) &#8211; SAVE up to €. 1.500 (Register by the 13th Nov 2009)'>Infoline’s IFRS events in December 2009 (Zurich) &#8211; SAVE up to €. 1.500 (Register by the 13th Nov 2009)</a></li>
<li><a href='http://www.ifrslist.com/2009/05/21/iaseminars-courses-save-10-on-total-order-as-ifrslistcom-member-within-june-30-2009/' rel='bookmark' title='Permanent Link: IASeminars courses &#8211; Save 10% on total order as IFRSLIST.com member within June 30, 2009.'>IASeminars courses &#8211; Save 10% on total order as IFRSLIST.com member within June 30, 2009.</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Accounting treatment for Increase in Equity-share Mkt. Price at FY- Closing.</title>
		<link>http://www.ifrslist.com/2009/02/18/accounting-treatment-for-increase-in-equity-share-mkt-price-at-fy-closing/</link>
		<comments>http://www.ifrslist.com/2009/02/18/accounting-treatment-for-increase-in-equity-share-mkt-price-at-fy-closing/#comments</comments>
		<pubDate>Wed, 18 Feb 2009 21:22:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[OTHER IFRS]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[SHARE CAPITAL]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1167</guid>
		<description><![CDATA[Dear All,
This is regarding, i have an investment in Equity shares (100,000 @16) of listed company, where as at 31st Dec.2008 Mkt. Price for these shares was 31 per share. i want to know this increase in share price
how i will realise as at  closing  of FY-2008, by which accounts and in which part of P&#038;L a/c i will show it.
Thanks &#038; Regards,
Hameed


Related posts:Share application money
Accounting for Share Discount
Share application monies



Related posts:<ol><li><a href='http://www.ifrslist.com/2011/08/12/share-application-money/' rel='bookmark' title='Permanent Link: Share application money'>Share application money</a></li>
<li><a href='http://www.ifrslist.com/2011/12/06/accounting-for-share-discount/' rel='bookmark' title='Permanent Link: Accounting for Share Discount'>Accounting for Share Discount</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/share-application-monies/' rel='bookmark' title='Permanent Link: Share application monies'>Share application monies</a></li>
</ol>]]></description>
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		<slash:comments>8</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>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/termination-provisions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS-1</title>
		<link>http://www.ifrslist.com/2008/12/15/ifrs-1/</link>
		<comments>http://www.ifrslist.com/2008/12/15/ifrs-1/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:30:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DEPRECIATION]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EVALUATION]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 16]]></category>
		<category><![CDATA[IAS 36]]></category>
		<category><![CDATA[MARKET VALUE]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-ifrs-1/</guid>
		<description><![CDATA[
dear sir or mam
 
When one company adopt the IFRSs 1 first time then what are the irems exempted from national GAAP in the case of convergance to IFRSs.
 
Thanks
 
Sincerely yours,
Rakesh



dear rakesh

pls read ifrs 1 and see the exemption given for the same
there are 10 exemptions
Regards
Jignesh


 

We have a projector &#38; purchased 6 years back @ 17000/- we have depreciated 8000/- as of now and the NBV is 9000/-. Now the market value is 5000/-. Do we need any accouning treatment as per IFRS.
Upul


Dear Upul,
IAS 16, Property, Plant and Equipment (PPE), allows a choice ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-rerevaluation-of-investment-property/' rel='bookmark' title='Permanent Link: Revaluation of investment property'>Revaluation of investment property</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-treatment-for-revaluation-of-land/' rel='bookmark' title='Permanent Link: Treatment for revaluation of land'>Treatment for revaluation of land</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/' rel='bookmark' title='Permanent Link: Where can I find pdf copy of US GAAP and US GAAP APB?'>Where can I find pdf copy of US GAAP and US GAAP APB?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Acquisition accounting</title>
		<link>http://www.ifrslist.com/2008/12/15/acquisition-accounting/</link>
		<comments>http://www.ifrslist.com/2008/12/15/acquisition-accounting/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:28:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[INTERNAL AUDIT]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SUBSIDIARY]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-acquisition-accounting/</guid>
		<description><![CDATA[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 assets and libailities assumed of 15M. Where
should I record the 15M goodwill? Is this in the subsidiary company B or
in parent company A?


Based on IAS21, p. 47, I would say in the sub.
All the best, Farah

L&#8217;adresse e-mail de votre correspondant a changé. Elle devient:  prenom.nom@gdfsuez.com
Nous vous remercions de bien ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-goodwill-minority-calculation/' rel='bookmark' title='Permanent Link: Goodwill &#38; Minority calculation'>Goodwill &#38; Minority calculation</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>
<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>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS 32/39 (No) Hedge accounting</title>
		<link>http://www.ifrslist.com/2008/12/15/ifrs-3239-no-hedge-accounting/</link>
		<comments>http://www.ifrslist.com/2008/12/15/ifrs-3239-no-hedge-accounting/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:26:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CASH FLOW]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[HEDGE]]></category>
		<category><![CDATA[HEDGE ACCOUNT]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRIC]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-ifrs-3239-no-hedge-accounting/</guid>
		<description><![CDATA[Dear all,
 
An answer to the following question would be much appreciated:
 
If no hedge accounting is applied, should all changes in fair value of derivatives be recognized as financial income or expense (so below operating result) or is recording of the change in fair value within operating result allowed?
 
 
Further, does anyone have one clear memo, including example journal entries of the various possble accounting issues (cf hedge, fv hedge net investment in foreign operation) applying hedge accounting and not-applying hedge accounting and if possible, all other accounting (including journal entries) not applying ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/futures-options/' rel='bookmark' title='Permanent Link: Futures / options'>Futures / options</a></li>
<li><a href='http://www.ifrslist.com/2010/03/26/hedge/' rel='bookmark' title='Permanent Link: Hedge Accounting'>Hedge Accounting</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/' rel='bookmark' title='Permanent Link: Where can I find pdf copy of US GAAP and US GAAP APB?'>Where can I find pdf copy of US GAAP and US GAAP APB?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Futures / options</title>
		<link>http://www.ifrslist.com/2008/12/15/futures-options/</link>
		<comments>http://www.ifrslist.com/2008/12/15/futures-options/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:25:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[HEDGE]]></category>
		<category><![CDATA[HEDGE ACCOUNT]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[OPTIONS]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-fw-futures-options/</guid>
		<description><![CDATA[Hi
 
Can anyone respond to my email below?
 
Thanks and regards
 
Catherine
Hi
 
I would need your assistance on how to account for futures/options in the financial statements.
 
Thanking you in advance for your kind assistance.
 
Regards
Catherine
Catherine,


 
Have you looked at IAS39 already, because depending on that you can or cannot apply hedge accounting. Basically you have 2 methods either Cashflow hedging or fair value hedging. If you want to do hedge accounting you will be required to do a lot of prospective and retrospective testing to prove the effectiveness of your hedges. If you don&#8217;t do hedge ...


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<li><a href='http://www.ifrslist.com/2009/03/28/options-2/' rel='bookmark' title='Permanent Link: Options'>Options</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/cash-hedging/' rel='bookmark' title='Permanent Link: Cash hedging'>Cash hedging</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Exceptional Items vs. Extraordinary Items</title>
		<link>http://www.ifrslist.com/2008/12/15/exceptional-items-vs-extraordinary-items/</link>
		<comments>http://www.ifrslist.com/2008/12/15/exceptional-items-vs-extraordinary-items/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:23:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[DOWNLOAD]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IFRS 2]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[NON-RECURRING ITEMS]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[REPORT]]></category>
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		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-re-ifrs-list-exceptional-items-vs-extraordinary-items/</guid>
		<description><![CDATA[Any one please clarify me this&#8230;.
Hari


Hi Team,
Will any one clarify the difference between Exceptional Items &#38;
Extraordinary Items?
With reference to IFRS what is the disclosure policy for the both.
Thanks &#38; Regards,
Hari


Hi Hari,
to my understanding according to IAS 1 there was for several years the
possibility to show extraordinary items in the P+L (IAS 1.85). Since
2004 this seems to be no longer allowed according to Dr. David
Grünberger who is member in the Accounting Regulatory Committee in
Brussels which decides upon the endorsement of new IAS/IFRS standards
within the EU. According to US-GAAP extraordinary items are ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/please-give-me-an-idea-how-to-treat/' rel='bookmark' title='Permanent Link: PLEASE GIVE ME AN IDEA HOW TO TREAT?'>PLEASE GIVE ME AN IDEA HOW TO TREAT?</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
</ol>]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Where can I find pdf copy of US GAAP and US GAAP APB?</title>
		<link>http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/</link>
		<comments>http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:22:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[LOCAL GAAP vs IFRS]]></category>
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		<category><![CDATA[IAS 21]]></category>
		<category><![CDATA[IAS 27]]></category>
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		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS]]></category>
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		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/</guid>
		<description><![CDATA[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&#8217;t include equity investment as applicable financial
asset to recognized the gain or loss in foreign exchange in the
current period income statement, as its explain as follows:
Available-for-sale financial assets (AFS)…. &#8230; Fair value changes on
AFS assets are recognised directly in equity, through the statement of
changes in equity, except for interest on ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/investment-decision/' rel='bookmark' title='Permanent Link: Investment decision'>Investment decision</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/loan-impairment/' rel='bookmark' title='Permanent Link: Loan Impairment'>Loan Impairment</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Shares</title>
		<link>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-shares/</link>
		<comments>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-shares/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:20:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DEFERRED TAX]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
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		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-shares/</guid>
		<description><![CDATA[Good day,
I would like to know how a company would record shares in its books if
these were received as a gift.
For example:
Shares held by Mr. Brown in Company A were transferred to Company B as
a gift. How would these shares be recorded in the books of Company B
under IFRS? Please refer me to the applicable IFRS
I look forward to your response
Regards,
Tracia


TraciaOne would need to refer to the terms and conditions of the transfer of
the gift for the more detailed aspects of recording the transaction.However, assuming that it is a vanilla ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-taxation-of-shares/' rel='bookmark' title='Permanent Link: Taxation of Shares'>Taxation of Shares</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/calculation-of-deferred-tax/' rel='bookmark' title='Permanent Link: Calculation of deferred tax'>Calculation of deferred tax</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedging activities</title>
		<link>http://www.ifrslist.com/2008/12/15/hedging-activities/</link>
		<comments>http://www.ifrslist.com/2008/12/15/hedging-activities/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:18:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[HEDGE]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-hedging-activities/</guid>
		<description><![CDATA[Hi AllI need your help. Can anyone give me an example about fair value
hedge of AFS Bond by using Interest rate swap?Thank in advance.Mac


Related posts:Cash hedging
Loss on interest rate swap can be capitalized?
IFRS 32/39 (No) Hedge accounting



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<li><a href='http://www.ifrslist.com/2008/12/15/ifrs-3239-no-hedge-accounting/' rel='bookmark' title='Permanent Link: IFRS 32/39 (No) Hedge accounting'>IFRS 32/39 (No) Hedge accounting</a></li>
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		</item>
		<item>
		<title>Loan Impairment</title>
		<link>http://www.ifrslist.com/2008/12/14/loan-impairment/</link>
		<comments>http://www.ifrslist.com/2008/12/14/loan-impairment/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 18:45:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CASH FLOW]]></category>
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		<category><![CDATA[EQUITY]]></category>
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		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-loan-impairment/</guid>
		<description><![CDATA[Is there any guideline for measurement of loan impairment and recognition of interest income by using effective rate method


Asim



well Esther the UK leads the path i.e. the UK tax authorities are the only ones in Europe which accept IFRS reporting to the extent that its website http://www.hmrc.gov.uk/ does have a section allocated to differences between IFRS and UK GAAP
I wish in Germany they had the same thing!!!!!







 

Asim
 
Below is the list of applicable paragraphs from IAS 39 for measurement of loan impairment:
 




                 Financial assets carried at amortized cost







63
If there is objective evidence ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-impairment-goodwill/' rel='bookmark' title='Permanent Link: Impairment Goodwill'>Impairment Goodwill</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
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		</item>
		<item>
		<title>Equity investments AFS is a non-monetary items?</title>
		<link>http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/</link>
		<comments>http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 18:45:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
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		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-equity-investments-afs-is-a-non-monetary-items/</guid>
		<description><![CDATA[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 company, just receipt the dividends and sale it in a high level.
Thanks



 
 
Roberto


 
The standard applicable to AFS is IAS 39 even if the investment is in a currency other than your own reporting currency.
Despite the managerial intention, if the percentage of interest owned, directly or indirectly, by your company is ...


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<li><a href='http://www.ifrslist.com/2008/12/15/exceptional-items-vs-extraordinary-items/' rel='bookmark' title='Permanent Link: Exceptional Items vs. Extraordinary Items'>Exceptional Items vs. Extraordinary Items</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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		</item>
		<item>
		<title>IFRS 7</title>
		<link>http://www.ifrslist.com/2008/12/14/ifrs-7-2/</link>
		<comments>http://www.ifrslist.com/2008/12/14/ifrs-7-2/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 16:27:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
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		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-ifrs-7-2/</guid>
		<description><![CDATA[Hi

 
Please let me know the salient points in IFRS 7 which has been recently been made a mandatory disclosure in the audited financial statements.
Regards
Raghavan
 




 
Under IFRS 7 there are 12 requirements:
 








Requirement 1
Reconciliation of carrying amounts by classes of financial instruments to IAS 39 measurement categories (at least these categories are HTM, AFS, FVTPL, Loans and Receivables). An entity shall make the decision which classes of financial instruments are appropriate to the nature of the information disclosed taking into account the characteristics of those financial instruments.


Requirement 2
Description of processes for managing the ...


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<li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
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		</item>
		<item>
		<title>Fair value model for PPE</title>
		<link>http://www.ifrslist.com/2008/08/28/fair-value-model-for-ppe/</link>
		<comments>http://www.ifrslist.com/2008/08/28/fair-value-model-for-ppe/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:29:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IFRS]]></category>
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		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-fair-value-model-for-ppe/</guid>
		<description><![CDATA[The company should have used the (IAS 16) from the beginning, as this is illiquid investment.
Any way it is possible to apply the cost principle instead of the value, but there should be a reversal of the previouse capital earnnings recognized under ( IAS 40).
In addition a footnote disclosure stating all the effects and details of the principle changes.
Regards
A.A . Rahman




Dear All,
Please guide me on the below
A Company is having land on which construction is going on. The intention of the company is to let it out for the rental ...


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<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-rerevaluation-of-investment-property/' rel='bookmark' title='Permanent Link: Revaluation of investment property'>Revaluation of investment property</a></li>
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		</item>
		<item>
		<title>Exchange transaction</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-exchange-transaction/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-exchange-transaction/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:20:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[OTHER IFRS]]></category>
		<category><![CDATA[BARTER TRANSACTION]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IAS 16]]></category>
		<category><![CDATA[IAS 18]]></category>

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		<description><![CDATA[








Good morning all
My client which is in the construction industry has been receiving assets in exchange for construction revenue. The Standards say
IAS 18
When goods are sold or services are rendered in exchange for dissimilar goods or services, the exchange is regarded as a transaction which generates revenue.  The revenue is measured at the fair value of the goods or services received, adjusted by the amount of any cash or cash equivalents transferred.  
IAS 16
In an exchange transaction the cost of assets acquired should be measured at the fair value of the ...


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<li><a href='http://www.ifrslist.com/2009/02/05/impairment-for-mining-companies-ee-assets/' rel='bookmark' title='Permanent Link: Impairment for Mining Companies (E&amp;E assets)'>Impairment for Mining Companies (E&amp;E assets)</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Options</title>
		<link>http://www.ifrslist.com/2008/08/28/options/</link>
		<comments>http://www.ifrslist.com/2008/08/28/options/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:11:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[OTHER IFRS]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[OPTIONS]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-options/</guid>
		<description><![CDATA[My client A acquired 66% of B from C, included in the contract was the clause that C can exchange the remaining shares in B with shares in A.
Is it an embedded derivative?
Do I only disclose this in accounts or should I calculate its fair value/Intrinsic as part of my acquisition calculations. 
If I have to calculate the fair value do I use the normal Black Scholes etc?
Thanks
Aneel Dear Aneel


Being derivative it need to have:
Some notinal amount, underlying (changes in which could effect the fair value of the options), and ...


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<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-shares/' rel='bookmark' title='Permanent Link: Shares'>Shares</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Deemed sale of subsidiary</title>
		<link>http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-fw-deemed-sale-of-subsidiary/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-fw-deemed-sale-of-subsidiary/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:09:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CASH FLOW]]></category>
		<category><![CDATA[CASH FLOW STATEMENT]]></category>
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		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-re-ifrs-list-fw-deemed-sale-of-subsidiary/</guid>
		<description><![CDATA[Dear all,

Good day!

A holding company had a subsidiary which is 100% owned. In 6 March 2006, the subsidiary issued new shares from $2 to $50,000 which changed the shareholdings from 100% to 40%.  As I read this is considered as deemed sale. The year ended of the holding company and the subsidiary is 31 December 2006.


These are my queries:

In view of the Holding company, how much is the equity take up considering the date of deemed sale?

In view of the holding company, how to compute for the gain/loss of the deemed ...


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		<title>Goodwill &amp; Minority calculation</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-goodwill-minority-calculation/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-goodwill-minority-calculation/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:07:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[MINORITY INTEREST]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SUBSIDIARY]]></category>

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		<description><![CDATA[Dear All
 
If a company is issuing shares to its parent compnay on stage by stage basis then what will be procedure to calculate goodwill and minority interest.
 
for eg.
 
on 20/03/2008 &#8211; suppose a Company (ABC) &#8211; subsidiary comapny issues shares to its parent company (XYZ). at that time the % of share holding of parent is 33% and again on May 2008 ABC issues shares to XYZ. After the 2nd allotment the holding of XYZ becomes 70%.
 
Now please advice the method for calculating goodwill and minority interest for the Financials as on 31.12.2007.
 

Suraj










Dear ...


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