Business
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Objectives Of The Statement of Cash Flows
March 19, 2016
Objectives Of The Statement of Cash Flows
Objectives Of The Statement of Cash Flows In Brief: The objective of a statement of cash flows is to present…
Accounting for An Onerous Contract as per IFRS
March 18, 2016
Accounting for An Onerous Contract as per IFRS
Accounting for An Onerous Contract Onerous contract: An onerous contract is a type of contracts in which the aggregate cost…
How to Be a Man of Value or Morality?
March 15, 2016
How to Be a Man of Value or Morality?
Morality is a code of values to guide man’s choices and actions that determine the purpose and the course of…
Importance of Cash Flow Statement to Investors
March 15, 2016
Importance of Cash Flow Statement to Investors
Generally, all investors, creditors and other stakeholders of an entity want to get cash out of their investment. Therefore, information…
How Would You Measure Fair Value Of Assets In This Circumstances
March 7, 2016
How Would You Measure Fair Value Of Assets In This Circumstances
Mr. Braxton owned a big house on a large piece of land in Rome. The property had been in his…
Debate On The Best Measurement Method for Assets And Liabilities
March 7, 2016
Debate On The Best Measurement Method for Assets And Liabilities
The debate over the best measurement method for assets and liabilities is not a new one in the accounting arena.…
Items of Statement of Profit or Loss And Other Comprehensive Income
March 1, 2016
Items of Statement of Profit or Loss And Other Comprehensive Income
Items of Statement of Profit or Loss And Other Comprehensive Income are given and described shortly below. • Income and…
Items of Statement of Financial Position or Balance Sheet
March 1, 2016
Items of Statement of Financial Position or Balance Sheet
The following are the items of Statement of Financial Position or Balance Sheet. They are described shortly. • Assets. Assets…
How to Determine The Time to Order of Materials?
February 27, 2016
How to Determine The Time to Order of Materials?
The economic order formula answers rather acceptably the quantity problem of inventory control. However, the time to order question is…
How Did IFRS 13 Define The Transport Costs?
February 26, 2016
How Did IFRS 13 Define The Transport Costs?
Let us see, How IFRS 13 Defined The Transport Costs. Transport costs are defined in Appendix A of IFRS 13…