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	<title>IFRS LIST.com &#187; LINK</title>
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	<link>http://www.ifrslist.com</link>
	<description>The Community about IAS/IFRS, International Accounting</description>
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		<item>
		<title>…</title>
		<link>http://www.ifrslist.com/forum-ifrs/2011/01/18/5/</link>
		<comments>http://www.ifrslist.com/forum-ifrs/2011/01/18/5/#comments</comments>
		<pubDate>Tue, 18 Jan 2011 11:02:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[LINK]]></category>

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		<description><![CDATA[




No related posts.]]></description>
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		</item>
		<item>
		<title>Audit Informationa Hotel (Hospitality) Project</title>
		<link>http://www.ifrslist.com/2008/12/15/audit-informationa-hotelhospitality-project/</link>
		<comments>http://www.ifrslist.com/2008/12/15/audit-informationa-hotelhospitality-project/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 23:39:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[INTERNAL AUDIT]]></category>
		<category><![CDATA[LINK]]></category>
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		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-audit-informationa-hotelhospitality-project/</guid>
		<description><![CDATA[Dear Collegues,Really appriciate if anybody could share me the Hotel Internal Audit
Procedure and plan, stretegy (Hospitality). or any website link, PDF,
presentation file.Thanks in advance


Related posts:Internal audit procedures
Audit program
IFRS &#8211; Project Management



Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/internal-audit-procedures/' rel='bookmark' title='Permanent Link: Internal audit procedures'>Internal audit procedures</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/audit-program/' rel='bookmark' title='Permanent Link: Audit program'>Audit program</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs-project-management/' rel='bookmark' title='Permanent Link: IFRS &#8211; Project Management'>IFRS &#8211; Project Management</a></li>
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		</item>
		<item>
		<title>PPP</title>
		<link>http://www.ifrslist.com/2008/12/15/ppp/</link>
		<comments>http://www.ifrslist.com/2008/12/15/ppp/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:29:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EXCHANGE RATE]]></category>
		<category><![CDATA[FOREIGN CURRENCY]]></category>
		<category><![CDATA[FOREX]]></category>
		<category><![CDATA[HEDGE]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 21]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SHARE CAPITAL]]></category>

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		<description><![CDATA[Hi


 
Please give me your opinion on forex loss on Assets. Do you capitalize it or do expense it to the foreign loss


This e-mail message and any attachment hereto are confidential information intended for a specific addressee and purpose.  If you are not the intended recipient, or a person responsible for delivering it to the intended recipient, you may not disclose, copy, distribute or take any action based on the contents hereof, or retaining this message or any part of it, in any form whatsoever. Any such conduct is prohibited and ...


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/2008/08/28/re-ifrs-list-ias-23-borrowing-costs-forex-diffrences/' rel='bookmark' title='Permanent Link: IAS 23 Borrowing costs &#8211; Forex diffrences'>IAS 23 Borrowing costs &#8211; Forex diffrences</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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		</item>
		<item>
		<title>News about IAS/IFRS from EU &#8211; Link to IFRS file (in pdf)</title>
		<link>http://www.ifrslist.com/2008/12/15/fwd-message-from-the-moderator-news-about-iasifrs-from-eu-link-to-ifrs-file-in-pdf/</link>
		<comments>http://www.ifrslist.com/2008/12/15/fwd-message-from-the-moderator-news-about-iasifrs-from-eu-link-to-ifrs-file-in-pdf/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:29:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[FINANCIAL REPORTING STANDARDS]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IASB]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[International Accounting]]></category>
		<category><![CDATA[INTERNATIONAL ACCOUNTING STANDARDS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[REPORT]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-message-from-the-moderator-news-about-iasifrs-from-eu-link-to-ifrs-file-in-pdf/</guid>
		<description><![CDATA[Dear allPlease find attached a news from European Commission about IFRS.
In addition you&#8217;ll find a link to a pdf file related to consolidated
text of IFRS.Have a good joining.
Regards
Simone SalviAccounting standards: Commission adopts consolidated text of IFRS
applicable in the EUThe European Commission has adopted on Monday 3 November the
consolidated text of all International Financial Reporting Standards
(IFRS) in force in the European Union (EU). The consolidated version
puts together all IFRS endorsed to date, including the latest
amendments endorsed on 15.10.2008. It will enable stakeholders to
refer to only one single legal document. This is ...


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<li><a href='http://www.ifrslist.com/2008/08/27/ifrs-implementation-support/' rel='bookmark' title='Permanent Link: IFRS Implementation Support'>IFRS Implementation Support</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>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>
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		<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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		</item>
		<item>
		<title>Valuation Method</title>
		<link>http://www.ifrslist.com/2008/12/15/valuation-method/</link>
		<comments>http://www.ifrslist.com/2008/12/15/valuation-method/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:28:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[DIVIDEND]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[OPTIONS]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-valuation-method/</guid>
		<description><![CDATA[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 market, or if, say due to the legal implications (private co. for example), the equity cant have liquidity in the market due to restrictions in transferring such shares, net worth (intrinsic value) method can be used.
There are other options for valuations ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-separate-fs-and-cost-and-equity-method/' rel='bookmark' title='Permanent Link: Separate FS and cost and equity method'>Separate FS and cost and equity method</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-merger-entries/' rel='bookmark' title='Permanent Link: Merger Entries'>Merger Entries</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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		</item>
		<item>
		<title>Request for auditing standard</title>
		<link>http://www.ifrslist.com/2008/12/15/request-for-auditing-standard/</link>
		<comments>http://www.ifrslist.com/2008/12/15/request-for-auditing-standard/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:27:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[FOREIGN CURRENCY]]></category>
		<category><![CDATA[FOREX]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 21]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-request-for-auditing-standard/</guid>
		<description><![CDATA[Dear all,


Can you share me the international auditing standard document. Thanks


Danella,I double checked after the comment below, and I agree with Hemant. IAS 21.28 explicitly states that gains/losses on forex should be recognized in P&#38;L. The forex is not attributable to the asset but to the financial liability.http://www.ifac.org/IAASB/
My apologies for my earlier answer.
Regards,
Jeroen


 
 



http://www.ifac.org/Store/Category.tmpl?Category=Auditing%2C%20Assurance%20%26%20Related%20Services


Related posts:PPP
Internal Auditing
Equity investments AFS is a non-monetary items?



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<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>1</slash:comments>
		</item>
		<item>
		<title>Categories of financial assets IAS 39</title>
		<link>http://www.ifrslist.com/2008/12/15/categories-of-financial-assets-ias-39/</link>
		<comments>http://www.ifrslist.com/2008/12/15/categories-of-financial-assets-ias-39/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:26:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[LINK]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-categories-of-financial-assets-ias-39subject-to-tainting-rule/</guid>
		<description><![CDATA[
Hi, Members.
 
In regard to the above subject please help me to answer the following question.
 
One of the four categories of financial assets as classified in IAS 39, Financial Instruments: Recognition and Measurement is subject to &#8220;tainting rule&#8221;. Identify the category and explain what is tainting rule.
 
Thanks and Regards.
 

Kibona






Hi,


Tainting Rule means:
Where an entity sells or transfers more than an &#8216;insignificant amount&#8217; of its held-to-maturity investments it must reclassify all of them as available-for-sale. It is then prohibited from classifying any assets as held-to-maturity for the next two full annual financial periods, ...


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/2008/08/28/ifrs-2/' rel='bookmark' title='Permanent Link: IFRS 2'>IFRS 2</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-cash-equivalent/' rel='bookmark' title='Permanent Link: Cash equivalent'>Cash equivalent</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Training</title>
		<link>http://www.ifrslist.com/2008/12/15/training/</link>
		<comments>http://www.ifrslist.com/2008/12/15/training/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:26:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[TRAINING]]></category>
		<category><![CDATA[ICAI]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS TRAINING]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[SHARE]]></category>

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		<description><![CDATA[Hi
Can someone tell me IFRS training centre at CHENNAI.
Thanks

ANANTH





Please find attached for your nominations / attendance.
Best regards,
Sridhar



Related posts:Training centre for IFRS course of ACCAI?
Need help to fill in ACCA training experience
CCH Customized Training Course on IFRS by Deloitte



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<li><a href='http://www.ifrslist.com/2008/12/15/help-to-fill-in-acca-training-experience/' rel='bookmark' title='Permanent Link: Need help to fill in ACCA training experience'>Need help to fill in ACCA training experience</a></li>
<li><a href='http://www.ifrslist.com/2010/05/26/cch-customized-training-course-on-ifrs-by-deloitte/' rel='bookmark' title='Permanent Link: CCH Customized Training Course on IFRS by Deloitte'>CCH Customized Training Course on IFRS by Deloitte</a></li>
</ol>]]></description>
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		</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 ...


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<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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		</item>
		<item>
		<title>Consolidation , Foreign exchanges ( rates)</title>
		<link>http://www.ifrslist.com/2008/12/15/consolidation-foreign-exchanges-rates/</link>
		<comments>http://www.ifrslist.com/2008/12/15/consolidation-foreign-exchanges-rates/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:26:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EVALUATION]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[INTERNAL AUDIT]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-fw-ifrs-list-consolidation-foreign-exchanges-rates/</guid>
		<description><![CDATA[Dear All , Kindly need your urgent help 
We Have more than 10 companies in different countries and using different currencies : 
1- our holding company send us every month end the conversion rate that we should use for each currency in order to be able to consolidate in 1 reporting currency.
2- Every month we report the PL ( Year to Date figures ) , and the balance with other schedules &#8230;
MY Question is : We should use the average rate of the PL and month end rate for Balance ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2009/09/13/conversion-of-foreign-currency-expenses-with-local-currency/' rel='bookmark' title='Permanent Link: Conversion of foreign currency expenses with local currency'>Conversion of foreign currency expenses with local currency</a></li>
<li><a href='http://www.ifrslist.com/2009/04/30/foreign-currency-translation-issue/' rel='bookmark' title='Permanent Link: Foreign currency translation issue'>Foreign currency translation issue</a></li>
<li><a href='http://www.ifrslist.com/2010/07/05/consolidation-3/' rel='bookmark' title='Permanent Link: Consolidation'>Consolidation</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 ...


Related posts:<ol><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>
<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>Calculation of deferred tax</title>
		<link>http://www.ifrslist.com/2008/12/15/calculation-of-deferred-tax/</link>
		<comments>http://www.ifrslist.com/2008/12/15/calculation-of-deferred-tax/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:25:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[TAX]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DEFERRED TAX]]></category>
		<category><![CDATA[DEPRECIATION]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[FIXED ASSET]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-calculation-of-deferred-tx/</guid>
		<description><![CDATA[Can any one help me for calculation of deferred tax under deductable timing diference
Example: writeen down value of fixed assets as pert accounts-200
         writeen down value as per tax                      150
please privide the soluision by giving effects in the profit and loos accounts and balance sheet. The company going to introduce deferred tax in first time


Hi,
 
Here is the solution::
U need to calculate PGBP in following manner taking into consideration timing differences :
 
PBT as per P &#38; L a/c ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/deferred-tax-calculation/' rel='bookmark' title='Permanent Link: Deferred Tax calculation'>Deferred Tax calculation</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-please-guide-on-this/' rel='bookmark' title='Permanent Link: Please guide on this'>Please guide on this</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-12/' rel='bookmark' title='Permanent Link: IAS-12'>IAS-12</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Internal audit procedures</title>
		<link>http://www.ifrslist.com/2008/12/15/internal-audit-procedures/</link>
		<comments>http://www.ifrslist.com/2008/12/15/internal-audit-procedures/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:25:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[INTERNAL AUDIT]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-internal-audit-procedures/</guid>
		<description><![CDATA[Hello

 
does anyone have sample internal audit questionary? SOX survey ? procedures etc.???
 
thanks



 
 

Dear
Could you specify the concerning areas u need sample questionnaires!


Related posts:Internal audit report
Audit Informationa Hotel (Hospitality) Project
Internal audit software



Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/internal-audit-report/' rel='bookmark' title='Permanent Link: Internal audit report'>Internal audit report</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/audit-informationa-hotelhospitality-project/' rel='bookmark' title='Permanent Link: Audit Informationa Hotel (Hospitality) Project'>Audit Informationa Hotel (Hospitality) Project</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/internal-audit-software/' rel='bookmark' title='Permanent Link: Internal audit software'>Internal audit software</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Need help to fill in ACCA training experience</title>
		<link>http://www.ifrslist.com/2008/12/15/help-to-fill-in-acca-training-experience/</link>
		<comments>http://www.ifrslist.com/2008/12/15/help-to-fill-in-acca-training-experience/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:25:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[TRAINING]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[TREASURY]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-need-help-to-fill-in-acca-training-experience/</guid>
		<description><![CDATA[Hello,


My first time posting. This is probably the wrong place to ask. Does anybody know how to fill in the ACCA TDM (Training Development Matrix) ? I have been struggling with it. I tried to find the user guideline on MYACCA site but could not find any that is useful. There is performance objective to achieved and optional. Can anybody help me?
Thanks a million. 
Kind regards,
Mardiana



What sort of information are you after?
 
You fill in each area (which is split into 3 questions) of the TDM
Then I believe this is sent to ...


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<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-training-centre-for-ifrs-course-of-accai/' rel='bookmark' title='Permanent Link: Training centre for IFRS course of ACCAI?'>Training centre for IFRS course of ACCAI?</a></li>
<li><a href='http://www.ifrslist.com/2009/10/03/ifrs-diploma-from-acca-or-icaew-which-is-better/' rel='bookmark' title='Permanent Link: IFRS diploma from ACCA or ICAEW, which is better?'>IFRS diploma from ACCA or ICAEW, which is better?</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Forex hedging treatment and disclosure.</title>
		<link>http://www.ifrslist.com/2008/12/15/forex-hedging-treatment-and-disclosure/</link>
		<comments>http://www.ifrslist.com/2008/12/15/forex-hedging-treatment-and-disclosure/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:24:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[DIVIDEND]]></category>
		<category><![CDATA[FOREX]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PRC]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-forex-hedging-treatment-and-disclosure/</guid>
		<description><![CDATA[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 say US$1m every quarter, we are considering entering forex contracts to fix the USD/RMB rate that matches the payments (i.e. 10 contracts @US$1m each @ either same conversion price or different conversion price). 
How should we disclose ...


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<li><a href='http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-accounting-treatment-of-arrangement-fee-paid-to-bank-for-term-loan/' rel='bookmark' title='Permanent Link: Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan'>Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-forex-affect-on-construction-revenue/' rel='bookmark' title='Permanent Link: ForEx affect on construction revenue'>ForEx affect on construction revenue</a></li>
</ol>]]></description>
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		<slash:comments>0</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>
		<category><![CDATA[SHARE]]></category>

		<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 ...


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<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>Chinese GAAP</title>
		<link>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-chinese-gaap/</link>
		<comments>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-chinese-gaap/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:22:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[LOCAL GAAP vs IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-chinese-gaap/</guid>
		<description><![CDATA[Apologies for an off-top, &#8211; 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



Hi Tatiana, 
have a look at: 
http://www.iasplus.com/resource/ref.htm 
for a start &#8211; I remember there are also other ressources besidesDeloitte, but don&#8217;t find them right now &#8230;   
I attach another document, probably the one you ...


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<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>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-re-english-document-german-v-us-gaap/' rel='bookmark' title='Permanent Link: English document German v US GAAP'>English document German v US GAAP</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Preliminery expenses</title>
		<link>http://www.ifrslist.com/2008/12/15/preliminery-expenses/</link>
		<comments>http://www.ifrslist.com/2008/12/15/preliminery-expenses/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:21:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 16]]></category>
		<category><![CDATA[IAS 38]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[OVERHEAD]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SHARE CAPITAL]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-preliminery-expenses/</guid>
		<description><![CDATA[Dear All,
The Company was incorporated in Oct 2007.Could you please give your
expert opinion on the treatment of preliminary expenses (Revenue
generation is not yet started) e.g. rent, salary, traveling etc.
incurred during Oct 2007- Aug 2008. Please reply in reference to IFRS.
Revenue is expected in Sept 2008.
In my view, preliminary expenses can be accumulated and amortized when
revenue is started due to matching concept.
BestRegards,
Hemant


Preliminary expenses / startup costs, etc. cannot be deferred. They
have to be charged off to income statement in the year of actual
startup of operations.
&#8211;
Thanks &#38; Regards
Anand


Hemant,
Whether to Deffer the preliminary ...


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<li><a href='http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-capitalising-expenses/' rel='bookmark' title='Permanent Link: CAPITALISING EXPENSES'>CAPITALISING EXPENSES</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/revenue-recognition-and-provision/' rel='bookmark' title='Permanent Link: Revenue recognition and provision'>Revenue recognition and provision</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Company/ business valuation</title>
		<link>http://www.ifrslist.com/2008/12/15/company-business-valuation/</link>
		<comments>http://www.ifrslist.com/2008/12/15/company-business-valuation/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:16:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[OTHER]]></category>
		<category><![CDATA[AICPA]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[CPA]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LINK]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-company-business-valuation/</guid>
		<description><![CDATA[i need different methods of valuing a company both quoted and unquoted
companies. Detailed note and explanations would be appreciated please.Deji.


Appropriate method would be weighted average cost.
Best Regards,
Hemant


Hi,
Can any body tell me how to go for valuation of closing stock of tools
&#38; sapres of various machinery parts?
Thanks
&#8211;
PANKAJ


AICPA has issued a standard on valuation services&#8230;that is quite informative.
Regards
RV
you may get through this link below &#8230;.caution&#8230;abide by its
conditions&#8230;copyright et al.
http://fvs.aicpa.org/NR/rdonlyres/672E1DD4-2304-47CA-8F34-8C5AA64CB008/0/SSVS_Full_Version.pdf


Related posts:Fwd: [IFRS List] Basis for Valuation of closing stock.
Infoline Presents: Central London, Complex &#38; Illiquid Assets Valuation and Hedge Accounting, March 2011
Accounting for ...


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<li><a href='http://www.ifrslist.com/events/2011/03/15/infoline-presents-central-london-complex-illiquid-assets-valuation-and-hedge-accounting-march-2011/' rel='bookmark' title='Permanent Link: Infoline Presents: Central London, Complex &amp; Illiquid Assets Valuation and Hedge Accounting, March 2011'>Infoline Presents: Central London, Complex &amp; Illiquid Assets Valuation and Hedge Accounting, March 2011</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-accounting-for-telecomunication-company/' rel='bookmark' title='Permanent Link: Accounting for telecomunication company'>Accounting for telecomunication company</a></li>
</ol>]]></description>
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		</item>
	</channel>
</rss>

