SEC

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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!

Provision for commission to agents on outstanding premiums

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 [...]

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

Need help to fill in ACCA training experience

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 [...]

By |December 15th, 2008|TRAINING|0 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

Preliminery expenses

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 [...]

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

Discount/ Concession amortization

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. [...]

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

Capitalization of building costs

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 [...]

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

PPP

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 ...

By |December 14th, 2008|CONSOLIDATION, DOCUMENTS, IAS 2, IAS 21, IFRS|0 Comments

Budget

Dear All   Can any body tell me that is budget only for expenses or can be for Asset, liabilities and income also. My openion is it can be for all (Asset, liability, Expense and income). Please help me according to the IAS/IFRS. – Best regard...

By |December 14th, 2008|AUDIT, 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

Non-Profit Organizations

hi:   Please advise me that how many IFRS and IAS applicable to Non-Profit Organization.     thanks Khalil Hi   See IPSAS standards, dedicated to public sector   Regards   Michel

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

DIFFERENCES BETWEEN THE IFRS AND IAS

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 [...]

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