Principles of The consolidated Statement of Profit or Loss
Principles of The consolidated Statement of Profit or Loss ( Income Statement) PRINCIPLES OF THE CONSOLIDATED STATEMENT OF PROFIT OR
Continue reading Accounting for Returns, Discounts and Sales Tax
Accounting for Returns, Discounts and Sales Tax Learning Objectives I. Recording sales and purchases returns II. Accounting for Trade Discounts
Continue reading Accounting for Account Receivable | Trade Receivable
Accounting for Account Receivable | Trade Receivable Learning Objectives I. Cash and credit sales II. Accounting for irrecoverable debts III.
Continue reading CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND ASSOCIATES
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND ASSOCIATES Learning Objectives Introduction The Basic Principles for Consolidating the Statement of Profit
Continue reading CONSOLIDATED STATEMENT OF FINANCIAL POSITION
CONSOLIDATED STATEMENT OF FINANCIAL POSITION LEANRING OBJECTIVE 1. What is group? 2. Requirement to prepare consolidated financial statement 3. The
Continue reading IAS 7 STATEMENT OF CASH FLOWS
IAS 7 STATEMENT OF CASH FLOWS LEARNING OBJECTIVE I. OPERATING ACTIVITY UDNER DIRECT METHOD II. INDIRECT METHOD III. INVESTING ACTIVITY
Continue reading IAS 38 Intangible Assets
IAS 38 Intangible Assets LEARNING OBJECTIVE 1.DEFINITION 2.MEASUREMENT AFTER INITIAL RECOGNITION 3.GOODWILL, R&D …………………………………………… 1. DEFINITION An intangible asset is
Continue reading CAPITAL STRUCTURE AND FINANCE COSTS
CAPITAL STRUCTURE AND FINANCE COSTS LEARNING OBJECTIVES I.THE CAPITAL STRUCTURE OF A LIMITED LIABILITY COMPANY II.ORDINARY SHARE CAPITAL III.RIGHTS ISSUES
Continue reading IAS 37 – PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS
IAS 37 – PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS LEARNING OBJECTIVES I.DEFINITIONS II.PROVISION RECOGNITION III.THRESHOLD of IAS 37 IV. EXAMPLE
Continue reading IAS 16 PROPERTY, PLANT AND EQUIPMENT
IAS 16 PROPERTY, PLANT AND EQUIPMENT LEARNING OBJECTIVES 1.Definition 2.Recognition 3.Initial Measurement 4.Subsequent Expenditure 5.Subsequent Measurement 6.Depreciation …………………………………………………………….. Definition: Property,
Continue reading