Presentation of Financial Statements Indian Accounting Standard (Ind AS) 1 Presentation of Financial Statements Contents Paragraphs OBJECTIVE SCOPE DEFINITIONS FINANCIAL STATEMENTS Purpose of financial statements Complete set of financial statements General features Presentation of True and Fair View and compliance with Ind ASs Going Concern Accrual Basis of Accounting Materiality and Aggregation Offsetting Frequency of reporting Comparative Information Consistency of Presentation STRUCTURE
Premium Balance sheet Generally Accepted Accounting Principles Financial statements
Accounting Standard 27 Consolidated and Separate Financial Statements* * This HKAS 27 is applicable for annual periods beginning on or after 1 January 2005 but before 1 July 2009. HKAS 27 (Revised) issued in March 2008 is applicable for annual periods beginning on or after 1 July 2009 and supersedes this HKAS 27. 1 HKAS 27 COPYRIGHT © Copyright 2008 Hong Kong Institute of Certified Public Accountants This Hong Kong Financial Reporting Standard contains International Accounting Standards Committee
Premium International Financial Reporting Standards Balance sheet Subsidiary
INTERNATIONAL FINANCIAL REPORTING STANDARDS(IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. They are a consequence of growing international shareholding and trade and are particularly important for companies that have dealings in several countries. They are progressively replacing the many different national accounting standards. The rules to be followed by accountants to maintain books
Premium International Financial Reporting Standards Balance sheet Inflation
Financial Reporting Standards 1st Trimester – 2013/2014 Case 1 – BMW and Apple João Candeias – 152113189 Nuno Andrade – 152113187 Pedro Carvalho – 152113116 2) Compare the two Annual
Premium Structure
19-inch color TV picture tubes have a mean service life that can be modeled by a normal distribution with a mean of six years and a standard deviation of one-half year. a. What probability can you assign to service lives of at least (1) Five years? (2) Six years? (3) Seven and one-half years? b. If the manufacturer offers service contracts of four years on these picture tubes‚ what percentage can be expected to fail from wear-out during the service
Premium Probability theory Robot Standard deviation
be taught the same way as students who have no learning disabilities. Indiana‚ which adopted the Common Core State Standards (CCSS)‚ is now eliminating those standards because‚ the state asserts‚ Common Core “takes control of educational content and standards away from parents‚ taxpayers‚ local school districts‚ and states” (Volsky). The Indiana legislators want to write new standards‚ which are governed locally‚ not at the federal level. NEED A TRANSITION?? Forty-five American states‚ the District
Premium Education
Media Beauty Standards ’ Effects on Women ’s Self Esteem Beauty standards‚ which vary but nevertheless exist in all societies‚ are generally relatively narrow. For instance‚ in China women were forced to bind their feet for centuries in order to be regarded as beautiful. Women who failed to have small feet were seen as un-marriageable. Similarly‚ specific beauty conventions exist also in the United States and other Western countries. For example‚ in the 1950s and 1960s‚ American society ’s stereotypically
Premium Woman Mass media Sociology
Future Development and Enforcement of Environmental Standards within the NAFTA Anthony Green November 16‚ 2011 Dr. Michael Harvey’s International Business There have been critics of the pollution mankind has created since the industrial revolution. Like most new ideas‚ being eco-friendly started slowly. The first environmental regulation attempted to ensure clean drinking water. As time progressed‚ more people started understanding that more than water was being affected. When more government
Premium North American Free Trade Agreement Pollution Developing country
Compare and Contrast Photosynthesis and Cellular Respiration Opposites in photosynthesis and cellular respiration. Is that photosynthesis is taking in carbon dioxide and water by absorbing energy from the sun and then release oxygen and storing glucose. In cellular respiration glucose and oxygen enters and they are converted into carbon dioxide‚ water and ATP energy. But they work alike because they both have electron transport chains and similarly ATP.
Premium Adenosine triphosphate Cellular respiration Oxygen
AN IDEAL APPROACH TO STANDARD COSTING By Jitesh Chandak INTRODUCTION Before you start your study on standard costing you must be clear in your mind that you are going to study a chapter which wants more practice and hard work to develop a strong and sound concept. Costing can be defined as “The technique and process of ascertaining costs.” Standard costing is a technique‚ which uses standards for cost and revenue for the purpose of control through
Premium Cost accounting Cost Variance