IAS 1 – Presentation of Financial Statements Its objective is to provide information about the financial position‚ performance and changes in financial position of an entity that is useful to a wide range of users in making economic decisions. Considerations underpinning Financial Statements preparation: * Comparability – Standardisation of information‚ internationally to aid users of the accounts. * Consistency – Same accounting methods and policies each month/accounting period. *
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Chemical Lab Report INVESTIGATING THE FACTOR AFFECTING THE VOLTAGE OF VOLTAIC CELL Name: Lim Seong Hseng Date: 20th March 2013 IA CRITERIA ASSESSED: D Declaration: I declare that this report I have submitted is my own original work and I have acknowledged the use of words or ideas of another person. Signature:……………… Marks:………………. Introduction Aim: To investigate the factor affecting voltage of voltaic cell. Research Question: How does coupling of different metals from the electroactivity
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|To edit the image type as it bag round‚ color and its resolution | Techniques|Details| Creating templates (brochure type in publisher)|To create the brochure itself in publisher by going on templates and accept brochure type | Analysis of the IA is worked on (using word document)|The analysis which is mentioned in each criteria is done with using word document .| Sending copies of the analysis to the client if the analysis is correct(emails)|Sending copies to the client would help to check
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March 2012 International Accounting Standards Board A Guide to the IFRS for SMEs What is the IFRS for SMEs? The International Financial Reporting Standard (IFRS) for Small and Medium-sized Entities (SMEs) is a set of high quality financial reporting principles that is tailored for the capabilities of smaller businesses and for the needs of those who use small company financial statements. A global standard for SMEs The IFRS for SMEs is a self-contained‚ globally recognised‚ standard of 230 pages
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Intangibles • Identifiable non-monetary asset without physical substance • IAS 38 prescribes special criteria for an asset to be recognized as intangible asset • Tangible or intangible must meet the criteria of asset to be recognized – Controlled by entity as a result of past event – Probable future economic inflow (revenue or cost saving) Recognition • Must meet the definition of asset • Must meet criteria set by IAS 38 – Cost of asset reliably measured – Probable economic inflow Recognized
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Department of Accounting and Finance‚ Western Delta University‚ Oghara‚ and Pat Donwa Department of Accounting‚ University of Benin‚ Benin City E-mail: anthonygaruba@yahoo.com Abstract Nigeria is going to adopt International Financial Reporting Standard (IFRS) from 1st January 2012. Globalization and Information and Communication Technology (ICT) has reduced the world to a global village. This has given rise to the continuous integration of the world economy and capital markets which has in turn given rise
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------------------------------------------------- IAS Essay : Past Eleven Years Paper (Compulsary): Time Allowed: Three Hours Max. Marks: 200 Instruction: The Essay must be written in the medium specified in the admission certificate issue to you. The name of medium must be stated clearly on the cover of the answer-book in the space provided for the purpose. No credit will be given to the essay written in a medium other than that specified in the admission certificate. (Examiner will
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Comparing IFRS to GAAP ACC/291 xxxx xxxxx Comparing IFRS to GAAP IFRS 8-1: What are some steps taken by both the FASB and IASB to move to fair value measurement for financial instruments? In what ways have some of the approaches differed? A fair value measurement gives companies an accurate portrayal of the company’s assets. Both IFRS and GAAP have requirements of specific information that needs to be reported regarding fair value measurement practices. With both systems‚ companies are required
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F-15 Eagles vs. SU-27 Flankers Aircrafts 1 Comparison of F-15 Eagles vs. SU-27 Flankers Aircrafts Carlos E. Quinonez ENG 121 English Compositions I Instructor: Tiffany Young February 9‚ 2009
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EXCELSIOR UNIVERSITY JOSEPH S. SPERANZA MODULE 1 ASSIGNMENT 1 “GAAP VERSUS IFRS” ACC211/ FINANCIAL ACCOUNTING MRS. SMITH 13 JAN 13 The United States Generally Accepted Accounting Principles (U.S. GAAP) and the International Financial Reporting Standards (IFRS) are both effective ways to report financially account for one’s business assets but they have several differences. in this paper I will attempt to outline a few of the more significant differences and allow you to make up your mind
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