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Financial Reporting(Measurement Bases for Financial Accounting-Measurement on Initial Recognition)

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Financial Reporting(Measurement Bases for Financial Accounting-Measurement on Initial Recognition)
RESEARCH PROPOSAL

TITLE: FINANCIAL REPORTING

TOPIC: MEASUREMENT BASES FOR FINANCIAL ACCOUNTNG-MEASUREMENT ON INITIAL RECOGNITION.

BY:
NAME: MIR THASEEN ALI MBA INNOVATIVE MANAGEMENT
GROUP: C
STUDENT ID NO: 39231

PRESENTED TO: DR OMER MASOOD.

Measurement Bases for Financial Accounting — Measurement on Initial Recognition

Contents Pages Introduction

Summary

Title

Background

2.1 Aim

3. Preliminary review of literature

4. Research question

4.1 Research objectives

5. Research plan/methodology

6. Ethical consideration

7. Planning and any special resources required.
INTRODUCTION
These conversations Paper focus on dimension going on original appreciation of assets and liabilities .It represent the opening stage of a mission to address the measurement objective for assets and liabilities that are recognized in financial statements. The project is planned to provide the International Accounting Standards Board (IASB) and national standard setters with a sound conceptual basis for:
(a) Revising and expanding the measurement aspects of their conceptual frameworks, and
(b) Improving the measurement requirements of their financial reporting standards.
.

Although the IASB has not yet on purpose the issues in the Discussion Paper, it has made tentative
Decision’s in another project that addresses measurement on initial recognition of assets and liabilities.
The fair value hierarchy and related guidance will be the Boards’ guidance on measuring the fair value of an acquirer’s assets and liabilities in accounting for a business combination. It is intended to ensure consistent application of the fair value measurement objective in accounting for business combinations. The Discussion Paper proposes a measurement hierarchy for assets and liabilities on initial recognition that differs in some respects from the fair value hierarchy in
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