Financial instruments - ias 32 and ias 39, Auditing

Financial Instruments - IAS 32 and IAS 39

IAS 39 and IAS 32 are examinable to the extent such they deal along with the presentation and measurement of equity, debt or else convertible debt.  The typical audit toward will involve -

  • Verification of the investigation between debt and equity and suitable designation to reserves and capital or liabilities
  • Performing tests for arithmetical or mathematical accuracy
  • Ensuring such the discount rates needed are realistic
  • Ensuring such other base data in assigning is correct as e.g. the correct conversion date has been utilize.
  • Ensuring such the detailed disclosures requirements are met.
Posted Date: 1/25/2013 2:52:01 AM | Location : United States







Related Discussions:- Financial instruments - ias 32 and ias 39, Assignment Help, Ask Question on Financial instruments - ias 32 and ias 39, Get Answer, Expert's Help, Financial instruments - ias 32 and ias 39 Discussions

Write discussion on Financial instruments - ias 32 and ias 39
Your posts are moderated
Related Questions
Initial Identification - Intangible Asset Subsequent to initial identification, an intangible asset is carried at: a) Cost, less any accumulated amortization and any accumu

Financial Institutions and Banks - Audit Situations Financial Institutions Because of the recent collapse of many financial institutions, this is still a heavily regu

Preferred stock valuation 1. Features of preferred stock (You may review what you've learned about preferred stock from TCA 221): a. Multiple classes in terms of convertibil


Summary of IAS 2 Inventories are measured at the lower of cost and net realizable value. Entire realizable price is the calculated selling price in the regular course of busin

I have a auditing case study i need to complete in chapter 8 of Auditing & Assurance service (fifteenth edition) by Alvin A. Arens, Randal J. Elder and Mark S. Beasley. I don''t kn

Related Services to Auditing Additionally, audit services, auditors offer other services. These can be categorized as: Assurance engagements: •    Audits •    Reviews Non-a

Negligence in General There is no case against auditors and this made it hard to be accurate as to where the auditor’s legal liability falls.  We require therefore referring to

Q. Corporations generally issue stock dividends in order to a. increase the market price per share. b. exceed stockholders' dividend expectations. c. increase the marketability of

Authoritative Document is IAS 17 Leases The suitable technique of amortization or depreciation to require in the case of leasehold property and freehold buildings is straight-