by admin | Oct 31, 2017 | Accounting, Tech News
Step 3 Determine transaction price 7.1 The transaction price is the amount of consideration to which an entity expects to receive in exchange for transferring promised goods or services to a customer. It excludes amounts collected on behalf of third parties (e.g....
by admin | Oct 27, 2017 | Accounting, Tech News
The Accounting Standards Council (ASC) has submitted comment letters to the International Accounting Standards Board (IASB) on Request for Information: Post-implementation Review: IFRS 13 Fair Value Measurement. The Post-implementation review is to evaluate the...
by admin | Oct 27, 2017 | Accounting, Tech News
The Accounting Standards Council (ASC) has submitted a comment letter dated 19 October 2017 to the International Accounting Standards Board (IASB) on ED/2017/4 Property, Plant and Equipment — Proceeds before Intended Use (Proposed amendments to IAS 16). The ASC has...
by admin | Oct 17, 2017 | Accounting, Tech News
The International Accounting Standards Board (IASB) has issued an amendments to IFRS 9 Financial Instruments and to IAS 28 Investments in Associates and Joint Ventures to aid implementation on 12 October 2017. The amendments to the IFRS 9 Financial instruments, allow...
by admin | Oct 13, 2017 | Accounting, Tech News
The International Accounting Standards Board (IASB) has issued narrow-scope amendments Prepayment Features with Negative Compensation (Amendments to IFRS 9) and to Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28) to aid implementation. The...
by admin | Oct 11, 2017 | Accounting, Tech News
The International Financial Reporting Standard (IFRS) has announced it is expected to the following documents on 12 October 2017: Prepayment Features with Negative Compensation (Amendments to IFRS 9); Long-term Interests in Associates and Joint Ventures (Amendments to...
