Category: IAS

Latest ACCA DipIFR Book and Exam Kit 2019

Latest ACCA DipIFR Book and Exam Kit 2019  At the end of this post, you will find the download link of Latest ACCA DipIFR Book and Exam Kit 2019 in the pdf format. These, ACCA DipIFR Book and Exam Kit 2019 will help you to prepare for your upcoming exams. Students must know that these

Summaries of IAS and IFRS

Summaries of IAS and IFRS Dear students as you know that remembering all IAS and IFRS is a very difficult task. For this, we need Summaries of IAS and IFRS to revise them in a short period of time. We have found two IAS and IFRS summaries by different firms for you to revise accounting

IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

IAS 8 Accounting Policies are the principles and rules applied by an entity which specify how transactions are reflected in the financial statements. Where a standard exists in respect of a transaction, for example, IAS 8 Accounting Policies and estimates, the accounting policy is determined by applying that standard.

IAS 1 Presentation of Financial Statements

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.

LSBF ACCA Exam Tips for December 2017

LSBF ACCA Exam Tips for December 2017 ACCA F5 Performance Management Sections A and B: Costing methods (ABC, throughput & lifecycle) and decision making (Relevant costing, linear programming, and uncertainty), Budgeting and performance evaluation Section C: Non – Financial Measures (Building Blocks & Balanced scorecard) and advanced variances. LSBF ACCA Exam Tips for December 2017

Framework for Financial Reporting

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

ACCA Global Wall

ACCA Global Wall ACCA Global Wall is the only website, which provides you latest study material regarding ACCA and other Accounting Related articles too. In Future, we will provide you more articles about IAS, IFRS and how to pass ACCA in the First Attempt. If you have any latest material you can share with me,

IAS 7 Statement of Cash Flows

IAS 7 Statement of Cash Flows IAS 7 Statement of Cash Flows requires an entity to present a statement of cash flow in its financial statements, cash flows classified into different categories; a) Cash flow from operating activities b) Cash flow from investing activities or financing activities. IAS 7 Statement of Cash Flows applied on the

Consolidated Financial Statements AASB 10

Consolidated Financial Statements Consolidated Financial Statements AASB 10 has a revised definition of control, this will help to all the entities to find out that control exists or not. Consolidated Financial Statements This will mostly help when the percentage is 50 % or less. This will note the direct activities which can affect the returns,