———- Forwarded message ———-From: Simone Salvi <salvi.simone@gmail.com>Date: Sun, Dec 14, 2008 at 7:46 PMSubject: Fwd: [IFRS List] Basis for Valuation of closing stock.To: elena137.ciao@blogger.com
Forwarded conversationSubject: [IFRS List] Basis for Valuation of closing stock.————————
From: pankaj sharma <sharma.pj@gmail.com>Date: Fri, Sep 12, 2008 at 5:23 AMTo: ifrs@ifrslist.com
Hi,
Can any body tell me how to go for valuation of closing stock of tools& sapres of various machinery parts?
Thanks
–PANKAJ SHARMA———-From: Hemant Tejraj Bhandari <hbhandari@dafza.gov.ae>Date: Tue, Sep 16, 2008 at 10:12 AMTo: ifrs@ifrslist.com
Appropriate method would be weighted average cost.

Best Regards,
Hemant Tejraj BhandariFinancial AnalystDubai Airport Free ZonePO Box …

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 curious here.

Dear Justin,
ACCA is a British qualification mostly recognisted by European based
mutlinational corporations, British in particular. Please also consider
CIMA which is also Brtish qualification with more focus on management
accounting (controlling). With both qualifications you can take IFRS
path.
Please visit www.accaglobal.com …

Hello,
 

If a company asks a third party to construct a fixed asset and at the end of the year, the fixed asset is not complete, but you have a statement of the costs incurred, would you capitalize the costs incurred under Construction in Progress with counterpart in accruals. Or would you record an entry only when it has been delivered to the company?
 
What IFRS would be applicable?
 
Thanks,
Isabelle

IFRS 16 would be applicable “Plant , Property and Equipemnt”
 
Recognisation -
Items of property, plant, and equipment should be recognised as assets when it is probable …

Hello All
I am a management student .Taken Finance as my specilization.
As a part of our curiculum i am suppose to do a live project (kind of research taking a particular company as a tool on particular topic).
Can anyone guide me on which topic to choose.
Thanks and Regards

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Hi all!
I am a young chartered accountant from India presently working in a reputed engineering company at Baroda, India. In the long run I plan to start a consulting firm focused on IFRS implementation and compliance. In the medium term I plan to get an international exposure particularly in South East Asian countries like Singapore, Malaysia etc. As Indian CA is not recognized as such in those countries I plan to take up international qualifications like ACCA or Singapore CPA although I still have to inquire whether it is possible to …

Sono una studentessa di Economia e Legislazione d’impresa, Università
degli Studi di Verona.
Sto preparando una tesi sulla proposta dello IASB di creare degli IFRS
per le PMI.
Volevo alcune notizie riguardo l’argomento.
Grazie
Barbara
Hello,
I have been looking for guidance pertaining to the Information Technology aspect of IFRS.  From your email, I think you are concentrating on the business aspect of IFRS. Are you familiar with IT Auditing and the rules surrounding it?

Hi Barbara, welcome to IFRS List.
For all IFRS List members, Barbara is preparing a thesis about IFRS, and asked for info, resources links, about …

Dear all,
 
 
I’m an Master student at the University of Antwerp, and I’m writing my masterscription about IFRS 5: disconinuity of the operational management in the annual accounts. I was wondering if someone has some good sources to find my way through the IFRS 5 theory. I allready found iasplus.com, but I was hoping to find some additional information…
 
 
Kind regards, 
 
 
 
Anouk

Anouk,
check this out:
http://www.pwc.com/extweb/service.nsf/docid/C18BBC933D69A9328025726100597CC9
br,

Dear all,
I am a Certified Accountant from Asia. What is the best auditing firm in UK? I got an offer to work there.
 

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Hello,

I am a student of bcom(ecom)-5 n doing a project on the failure of ENRON.
 
Its failure involves many issues like lack implementation of corporate governance , SOXNORMS , Accounting standards ,etc.
 
Hence i would like to  welcome any suggestions from you , as IFRS is also included in it.
 
And i m very happy to read  your mails and i hope i would also be able to join in the discussions later.
 
Yours Sincerely,

Krish
 

Dear Krish ,
Sorry not to be able to be of big help due to lack of information about the Enron case , in case you …

Dear Sir/ Madaam,
 
Can I ask a complete list or copy of IFRS and IAS? Please send this to my email address.
 
Thank you very much.

Dear Nilo,
Here’s a link with your request,
http://www.ccdg.gov.sg/frs/index.htm
Regards,

YOU CAN GET ALL THE DETAILS FROM www.iasplus.com

Dear Sir,
Is it Financial Reporting Standard the same with IFRS?
I have a friend who wants to converge its financial statements into IFRS and I want to recommend him to take all FRS file.
Thank you very much.
Best regards,
Didik

DEAR SIR,AS A TRAINER AND FACULTY ON IFRS I CAN HELP YOUR FRIEND IN THE CONVERSION WORK
K.KANAGARAJ

Dear …

Dear Ermal
 
I think you can find all the standard relevant to your study in following web.
Hope can help you
 
http://www.ccdg.gov.sg/frs/index.htm
 
Thanks and regards,
 
evon

 
hello
i am  a student from albania ,and i am studing accounting in tne economic faculty,in tirana university.
as part of our subjects we are doing ADVANCED ACCOUNTING,mainly speaking for the new international accounting standarts(IAS) and(IFRS) which are going to be practiced in Albania on january 2008.
It would be very kind of you if you give me more information about this standarts in details in order to be more familiar whith them ,or give …