What is reporting currency, Financial Accounting

1. What accounting firm performed the audit of Zetar's financial statement?

2. What is the address of the company's corporate headquarters?

3. What is the company's reporting currency?

4. What two segments does the company operate in, and what were the sales for each segment in the year ending April 30, 2011?

5. Identify five differences in the format of the statement of financial position used by Zetar Plc company to a company, such as Tootsie Roll, that follows US GAAP. Tootsie Roll's Financial Statements are posted on Vspace as an attachment to this assignment.

6. Describe in which statement each of the following items is reported, and the position in the statement (e.g., current assets) it is reported in.

  • Share capital
  • Goodwill
  • Borrowings and overdrafts
  • Amortization of intangibles
  • Derivative financial instruments

7. From your review of note 3.7, how does the company determine the amount of revenue to record at the time of a sale?

 

Posted Date: 2/18/2013 8:12:07 AM | Location : United States







Related Discussions:- What is reporting currency, Assignment Help, Ask Question on What is reporting currency, Get Answer, Expert's Help, What is reporting currency Discussions

Write discussion on What is reporting currency
Your posts are moderated
Related Questions
IFRS guidelines IFRSs Gives the guideline on the content and the accounting statements of certain events and transactions in the financial statements. The following IFRSs are r

Nieland Industries had one patent recorded on its books as of January 1, 2014. This patent had a book value of $288,000 and a remaining useful life of 8 years. During 2014, Nieland

for a typical manufacturing company, the most common critical point for recognizing revenue is the date a an order is recieved b. production is completed c the product is delievere


Conny Duffy started working for Dexter Company on Thursday and 9 hours on Frida. Her annual salary is $80,000 and she is exempt white-collar employee. Determine her gross pay for h

agency conflicts and solutions in shareholders vs auditors

During 2014, Victoria’s Fashion had beginning inventory of $480,000, ending inventory of $560,000, and cost of goods sold of $2,200,000. Compute the inventory turnover and days’ in

I have a case study due in one of my classes. There are 3 pages of information about the company in the case, and there are 12 questions I must complete. Each question is basically

SEC reporting implications i) Potentially inaccurate reporting of executive compensation in proxy statements and annual reports ii) Potential violation of securities and Law

disscuss the applicability of a operating cycle in vegetable growing bussiness in uganda