Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Accounting Requirements - IAS 40 Investment Properties
IAS 40 prescribes the accounting treatment about investment property and related disclosure necessities.
Investment property is initially identified at price. Subsequent about initial recognition, investment assets is carried either on:
Movements in fair price are recognized immediately in loss or profit.
The measurement model is applied consistently to all investment property. Conversely, an entity may choose either the fair price model or the cost model for investment property backing liabilities such pay a return linked indirectly to the fair price of specified assets involving that investment property, regardless of the model selected for all another investment property.
Transfers to, or from, the investment property categorization are made merely whenever there is evidence of a change in utilize. The gain or loss on de-recognition of an item of investment property is the difference among the total disposal proceeds, whether any the carrying amount of the item. The loss or gain is included in loss or profit.
Reference to an expert in the Auditor's Report When issuing an unmodified auditors report, the auditor should not refer to the work of the expert. This is because such a refe
policy od collecting refernces
The modern integrated audit approach combines elements of various traditional audit areas having financial, operational, and information technology.
Insurance Companies Authoritative documents involved as: The Insurance Act The Companies Act IFRS 4 Insurance Contracts The major legislation governing insu
1. Demonstrate knowledge of the current tax, auditing and accounting issues that concern governmental and not-for-profit entities 2. Explain the difference between various funds (
Kevin Black, the sole owner of a small bakery, has been told that the business should have financial statements reported on by an independent auditor. Kevin Black, having some b
The auditors for Weston University are conducting their audit for the fiscal year ended December 31, 2011. Specifically, the audit firm is now focusing on the audit of revenue from
if a proxy is voted as per his judgement other than member prescribed to him... what is the action to be taken?
#quInternal Audit checklist for fixed assetsestion..
Co-operative Societies An audit in this case is carried out as a normal audit except you should note that the auditor is appointed by the Commissioner of Co-operatives and alth
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd