Hello everyone! Can somebody help me? Which public companies provide their reports both in accordance with IFRS and GAAP ? Thank you beforehand for help!
To all, Can any one clarify whether it is necessary for provision for commission to agents to be made for the premiums not yet received, at the end of every month. jay For any provision, I think you'd first need to look at IAS 37 paragraph 14. Is there a present obligation as a result [...]
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 [...]
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 [...]
Dear Experts, Please give your export opinion on the following query: The Company issues lease agreement for 12 months for rent of 120000 from 1 Jan 2008 to 31 Dec 2008. The Company gives concession for 2 months from 1 Jan 2008 to 28 Feb 2008 for 20000 i.e. a customer has to pay 100,000. [...]
All, We are constucting a new building in our factory for which we of course capitalize all the costs involved. However to build the new building we had to tare down the old building that still had some book value. Does anyone know if we would be able to capitalize the bookvalue of the old [...]
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 [...]
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...
What are the diferences between the two accounting policies? IAS was in use before the introduction of IFRS. With effect from the introduction of IFRS, only IAS before the introduction of IFRS is stil in use. Any other international standard that will be issued will now be IFRS but not IAS. Femi In my view except [...]
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 [...]