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Articles tagged with: IFRS 7

IFRS »

[28 Aug 2008 | No Comment | 3,639 views]

Henk willl provide the answer
 
Henk can you re-explain the whole story again i.e.
 
1. You mention we still have to use IAS until IFRS is more official, please restate the IAS link
2. Please re-state the IFRS link (is the one you sent for instance re FRS 38 in the other E-Mail)
3. Finally please send a link for the US GAAP/FASB, I want to have my library as opposed to relying on the PDF documents which outline differences between US GAAP, IFRS and local GAAP
 

Hello all,

I was wondering what the best ways …

IFRS »

[28 Aug 2008 | No Comment | 2,488 views]

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 held for trading investments are bought to resell for short term gain rather to earn dividend but available for sale normally includes investment which are not held for short term gain rather which are carried for earning long term capital gain or dividend …

IFRS »

[27 Aug 2008 | No Comment | 1,943 views]

Hi,
I am specifically interested in IFRS 7 and am looking to join a group/forum
who may discuss this specific standard.
Thanks
Ronan

Hi , IFRS 7 about Cash Flows? What is your question(s) about this?

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IFRS »

[27 Aug 2008 | No Comment | 2,961 views]

Hi,

 
My name is Aashima Tandon. Can anybody tell me what exactly is asset held for sale and negative goodwill? What

Hi there,
sale?

Assets held for sale include assets (or groups of
assets to be disposed of) whose carrying amount will
be recovered principally through a sale transaction
rather than through continuing use.
What would be its treatment?
In accordance with IFRS (IFRS 5), discontinued
operations/assets held for sale are measured
at the lower of their carrying amount or fair value
less costs to sell.
Discontinued operations/assets held for sale are
presented in the financial statements as follows:
• On the balance …

IFRS »

[27 Aug 2008 | No Comment | 2,021 views]

Forwarded conversationSubject: [IFRS List] IFRS 7 disclosures————————
From: Sandeep Cardoza <cardoza_sandeep@yahoo.co.in>Date: Sun, Oct 28, 2007 at 9:04 AM To: ifrs@ifrslist.com

Hello there
 
i am new to the group !!
 
I work for a trading company and was wonder what a re new disclosures need to made to complie with IFRS 7 as we dont not hold any debts on liablity side 
Best regards,
Sandeep Cardoza

Get the freedom to save as many mails as you wish. Click here to know how.
———-From: Jakub Rutkowski <jakub.rutkowski@wp.pl>Date: Mon, Oct 29, 2007 at 1:12 PMTo: ifrs@ifrslist.com

Dear Sandeep,
 
I …

IFRS 7 »

[26 Aug 2008 | No Comment | 2,392 views]

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 …

IFRS 7 »

[26 Aug 2008 | No Comment | 1,970 views]

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

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IFRS 7 »

[4 Dec 2007 | No Comment | 1,916 views]

Here is a link to a free download of an IFRS presentation and disclosure checklist which will be a useful tool for your purposes.
http://www.iasplus.com/fs/fs.htm#2007ifrschk
Go through this and it would be easier for you to adapt the disclosure requirements to your specific circumstances.
Regards

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IFRS 7 »

[4 Dec 2007 | No Comment | 12,781 views]

I understand you might not have any debt or financial assets, but as trading company
you must have some trade receivables (trade debtors). The credit losses (bad debts) recognition/reconciliation is the something you need to disclosue under IFRS7.
In addition you need to have disclousures about accounting policies dealing with financial instruments.
Regards,

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IFRS 7 »

[4 Dec 2007 | No Comment | 13,310 views]

Hello there
i am new to the group !!
I work for a trading company and was wonder what a re new disclosures need to made to complie with IFRS 7 as we dont not hold any debts on liablity side
Best regards

I understand you might not have any debt or financial assets, but as trading company
you must have some trade receivables (trade debtors). The credit losses (bad debts) recognition/reconciliation is the something you need to disclosue under IFRS7.
 
In addition you need to have disclousures about accounting policies dealing with financial instruments.
 
Regards

Dear Sandeep,
 
Here …