By Abbas Ali Mirza, Magnus Orrell, Graham J. Holt

ISBN-10: 0470170220

ISBN-13: 9780470170229

ISBN-10: 0470258497

ISBN-13: 9780470258491

Show description

Read or Download Wiley IFRS: Practical Implementation Guide and Workbook, 2nd edition PDF

Similar nonfiction_3 books

Download e-book for kindle: Name Reactions, Third Expanded Edition by Jie Jack Li

The 3rd version includes significant advancements over the former version. as well as up to date references, every one response is now supplemented with to 3 consultant examples in synthesis to exhibit its artificial application. Biographical sketches for the chemists who came upon or constructed these identify reactions were incorporated.

Download PDF by R. C. Sheppard: Amino Acids, Peptides and Proteins (SPR Amino Acids,

Professional Periodical experiences offer systematic and specific assessment assurance of growth within the significant parts of chemical learn. Written via specialists of their professional fields the sequence creates a distinct provider for the energetic learn chemist, offering ordinary serious in-depth debts of growth particularly components of chemistry.

Extra resources for Wiley IFRS: Practical Implementation Guide and Workbook, 2nd edition

Example text

5. COMPONENTS OF FINANCIAL STATEMENTS Income Statement Statement of Changes in Equity Components of Financial Statements 6. 1 “Fair presentation” implies that the financial statements “present fairly” (or alternatively, in some jurisdictions [countries], present a “true and fair” view) of the financial position, financial performance, and cash flows of an entity. 2 “Fair presentation” requires faithful representation of the effects of transactions and other events and conditions in accordance with the definitions and recognition criteria for assets, liabilities, income, and expenses laid down in the IASB’s Framework.

Furthermore, it should include significant judgments made by management while applying the accounting policies. 2 Key Sources of Estimation Uncertainty The notes should contain key assumptions concerning the future as well as other key sources of estimation that will pose a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period. In such a case, the notes should include details, nature, and carrying amount of those assets and liabilities.

Fair value. The amount at which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s-length transaction. 28 4. 2 of this chapter). 5. 2 Costs of Purchase The costs of purchase constitute all of • The purchase price • Import duties • Transportation costs • Handling costs directly pertaining to the acquisition of the goods Trade discounts and rebates are deducted when arriving at the cost of purchase of inventory. 3 Costs of Conversion of Inventory Cost of conversion of inventory includes costs directly attributable to the units of production, for example, direct labor.

Download PDF sample

Wiley IFRS: Practical Implementation Guide and Workbook, 2nd edition by Abbas Ali Mirza, Magnus Orrell, Graham J. Holt

by Robert

Rated 4.04 of 5 – based on 4 votes