GAAP

/Tag:GAAP

IFRS LIST.com 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!

IFRS Implementation-cum-Global Qualification on 3rd July 2011 in New Delhi

For finance and accounts professionals looking for an effective training on IFRS with special focus to India implementation.

By |June 21st, 2011|DOCUMENTS, IAS 16, IAS 2, IAS 21, IAS 38, IAS 39, IFRS, IFRS 7, TRAINING|0 Comments

Plant Replacement Reserve

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.

By |May 12th, 2009|IFRS|2 Comments

Investment decision

Dear Every one, Can any one help to solve the following problems:     Say, XY is a joint venture company between X & Y with 70:30 proportion with issued capital of  $100. Now, Y intends to offload its share to Z company for a consideration of $ 80. Now the question is how this investment [...]

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

IFRS-1

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 [...]

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

Exceptional Items vs. Extraordinary Items

Any one please clarify me this.... Hari Hi Team, Will any one clarify the difference between Exceptional Items & Extraordinary Items? With reference to IFRS what is the disclosure policy for the both. Thanks & Regards, Hari Hi Hari, to my understanding according to IAS 1 there was for several years the possibility to show [...]

By |December 15th, 2008|IFRS|3 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

Chinese GAAP

Apologies for an off-top, - would anybody be able to provide me with thelink to ASBEs (Chinese Accounting Standards) in English? I know that they are very close to IFRS, I have the Delloitepublication, just needed to see actual standards or at least a detailedand comprehensive summary. Thanks and have a great day/ evening. Tatiana [...]

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

PLEASE GIVE ME AN IDEA HOW TO TREAT?

Hi all, A non-profit organisation based in Virginia, USA was donated part of real estate's value.Currently the real estate is being adminstered by an agent.I would appreciate if any one could hint me what both IFRS and USGAAP recommends for treating such transaction. Thank you Aklilu Hi, When you say value, I assume a cash [...]

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

Microsoft licence ….

Dear All , can anyone help me with an urgent answer on the below question : - If we purchase software licences for office programs like ( Microsoft , power point etc ). and we renew the same every year do we need to capitalize this cost or expense it ( Please note that i'm [...]

By |December 15th, 2008|IAS 38|0 Comments

What is this ACCA?

I'm a CPA from the US. Is the ACCA something I should join? I'm a member of the IMA and the AICPA in the US. Is ACCA some kind of upstart or does anyone find it to add value to their careers and is it recognized by global employers? Thanks for the opinions, mostly just [...]

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

Training centre for IFRS course of ACCAI?

Where can I find the training centre for IFRS in Mumbai - India, if I register for course in IFRS with ACCA. Regards Asif Asif, ACCA provides Certification and Diploma in IFRS. You can take either one of them as both are recognised. Certification is online but Diploma in IFRS has examinations that are held [...]

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

Difference between UK GAAP and IFRS

Dear all, Where could I find the latest IFRS - UK GAAP comparison? Thanks! Regards, Grace in the pwc website it is free of charge downloadable in PDF http://www.iasplus.com/country/compare.htm

By |December 15th, 2008|LOCAL GAAP vs 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...

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

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

Loan Impairment

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 [...]

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

UK’s ASB AND GAAP

What measures are being taken by UK's ASB to bring UK GAAP into line with international standards? What are the advantages of a closer international harmonization of accounting olicies for multi national companies and investors? well Esther the UK leads the path i.e. the UK tax authorities are the only ones in Europe which accept [...]

By |December 14th, 2008|OTHER GAAP|0 Comments

Software revenue recognition under IFRSs & SOP 97-

Hi, I encounter a question on that IFRS Software company. Here's the case: This company has been compliant with local GAAP. As it plans to IPO on HK Exchange, it needs to prepare 2006, 2007 & 2008 financial reports with 1/1/2006 as its date of transition. As it applies local GAAP, and local GAAP does [...]

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

Have a PRC GAAP/IFRS Question

Can anyone confirm if the PRC has officially transitioned to full IFRS GAAP reporting and if so, what was the effective date?  Are companies mandated to report in IFRS GAAP or can they still report in PRC GAAP up to a certain point? Thanks for any clarification any of you can provide. Also, if you have any resources you might refer me to, that would be great. Debbie […]

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