by Accountant Town | Aug 16, 2019 | Interpretations
IFRIC 17 Distributions of Non-cash Assets IFRIC 17 Distributions of non-cash assets to owners The International Financial Reporting Interpretations Committee (IFRIC) issued an interpretation to standardize practice in the accounting treatment of distribution of...
by Accountant Town | Aug 16, 2019 | Interpretations
IFRIC 18 Transfers of Assets from Customers IFRIC Accounting for transfers of assets from customers The International Financial Reporting Interpretations Committee (IFRIC) issued additional guidance on the accounting for transfers of assets from customers, IFRIC 18,...
by Accountant Town | Aug 16, 2019 | IAS
IFRS – IAS 34: Interim financial reporting The International Accounting Standards Committee (IASC) released International Accounting Standard 34 (IAS 34) to address the topic of reporting interim financial information. As many companies report non-audited financial...
by Accountant Town | Aug 16, 2019 | IAS
IFRS – IAS 36: Impairment of assets The International Accounting Standards Committee (IASC) released International Accounting Standard 36 (IAS 36) to address the topic of Impairing Assets. The main types of assets that this standard applies to is as follows: Land...
by Accountant Town | Aug 16, 2019 | IAS
IFRS – IAS 37: Provisions, contingent liabilities and contingent assets The International Accounting Standards Committee (IASC) released International Accounting Standard 37 (IAS 37) to address the topic of provisions, contingent liabilities, and contingent assets. ...
