IFRS 5 Non-current Assets Held for Sale IFRS 5 Non-current Assets Held for Sale and Discontinued Operations says that a discontinued operation is a component of an entity that has been sold, or which is classified as held for sale, and which is: a separate line of business (either in terms of operations or location) part of
Components of Financial Statements
According to IAS 1 Presentation of Financial Statements, a complete set of financial statements has the following components: Other reports and statements in the annual report (such as a financial review, an environmental report or a social report) are outside the scope of IAS 1.
Code of Ethics: (a) Integrity – to be straightforward and honest in all professional and business relationships. (b) Objectivity – to not allow bias, conflict of interest or undue influence of others to override professional or business judgments. (c) Professional Competence and Due Care – to maintain professional knowledge and skill at the level
How Changes in the Professional Level Can Affect You? In September 2018 the Professional level of the ACCA Qualification is changing to Strategic Professional. As part of this change, the P1, P2, and P3 exams are being replaced following the June 2018 exam session. This means only the March and June sessions remain to sit these exams. How this
ACCA LSBF Class 2018 Notes All Papers Download All Paper Download, you can download the ACCA LSBF Class 2018 Notes All Paper Download by click on the download links given below. LSBF class notes will help you to assist in your exams preparation. LSBF Class notes are in the summarized form and helping many students
IFRS 2 Share Based Payments Introduction IFRS 2 Share Based Payments has become increasingly common. Share-based payment occurs when an entity buys goods or services from other parties (such as employees or suppliers) and: settles the amounts payable by issuing shares or share options, or incurs liabilities for cash payments based on its share price.
A Framework for Financial Reporting is a set of theoretical principles and concepts that underlie the preparation and presentation of financial statements. If no conceptual framework existed, then it is more likely that accounting standards would be produced on a haphazard basis as particular issues and circumstances arose. Framework for Financial Reporting helps in the preparation
IAS 19 Employee Benefits Summary form. You can revise your standard by reading this complete standard. We hope you like it and we will share more standards in the summarized form so you can understand them easily.
ACCA P2 Video Lecture 1 for 2017-18 Attempts IAS 19 Employee Benefits ACCA P2 Video Lecture 1 for 2017-18 Attempts. You can watch video lectures of ACCA here in this channel and other tutorials too. In this video we have discussed about IAS 19 Employee benefits. This accounting standard defined some rules on how to
How to Pass ACCA Papers in First Attempt? Dear Students, Everybody wants to know How to Pass ACCA Papers in First Attempt? First of all congratulation to all those who have cleared their exam of September, 2017. The result has been announced and many students are celebrating. I would advise to all those who couldn’t
ACCA Short Notes 2018 – 2019 Free Download Dear, students we are going to prepare short notes for you. We are working on ACCA Short Notes 2018 – 2019 Free Download. I have attached one sample format for you. You are most welcome if you want to write short notes for us. You can write
A professional accountant shall follow with the following fundamental principles during their job; Integrity; Integrity is to be honest and straight forward in all professional and business matters. Objectivity; Objectivity is not to be bias someone cannot influence the professional and business judgments made by you. Professional Competence and due care; Professional competence is to
ACCA P2 Video Lectures December 2017 Welcome to you all, now you can download ACCA P2 Video Lectures December 2017. I hope that these lectures will help you to prepare for you December 2017 exams. ACCA P2 Video Lectures December 2017 are made by the ACCA Pakistan. These lectures are the revision for ACCA P2