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differences between ias 14 and ifrs 8 ifrs 8 requires identification of operating segments based on internal reports which are regularly reviewed by
remaining differences with us gaap ifrs 8 comprise intangible assets as part of the non-current assets sfas 131 only refers to tangible assets ifrs 8
disclosure requirementsmiddotcommon information about how operating segments were identified and types of products and services from which every
determine the meaning of reportable segmentsreportable segments are operating segments or aggregations of
operating segmentsan operating segment is a component of an organisation it engages in business activities from that it can earn revenues and incur
what is the scope of ifrs 8ifrs 8 applies to organisations who equity or debt instruments are traded in a public market stock market is in the
what are the requirements of ifrs 8 ifrs 8 requires an organisation to adopt management approach to reporting on financial performance of its
what are the ifrs 8 operating segmentsiasb issued ifrs 8 operating segments in november 2006 which replaced ias 14 this continues iasbs work in its
what is the meaning of statement- earn out arrangements these arrangements take place during acquisition of another company parent company agrees to
explain about the term- contingent liabilities under ias 37 provisions contingent assets and contingentliabilities contingent liabilities arent
what is redeemable debtcompany will have to re-pay the debt at redemption date or between the two redemption dates ie 20x520x9 means debt can be
illustrate the steps of creative accounting creative accounting include1 timing of transactions delaying or hurrying up the despatch of invoices at
what is creative accountingcreative accounting also termed as aggressive accounting or earnings management distorts financial analysis of company
state the different accounting policiesdifferent accounting policies which can be adopted will have an influence on the ratios calculated and hence
what is the ratios based on historic cost accountsratios based on historic cost accounts dont give a true picture of trends due to the effects of
what are the limitations of ratio analysisa ratio on its own is meaningless accounting ratios should always be interpreted in relation to other
explain the difference between cash and profitcash flow statement shows all the cash in and cash out for the organisation for that period it
cash flow statement analysiscash flow statement is a primary financial statement and shows cash generating ability of the organisationcash generated
dividend coverdividend cover profit available to ordinary shareholders pat annual dividendno of timesor epsdividend per sharedividend
dividend yielddividend yield dividend per sharemarket share price x 100dividend yield is the cash return on the share not whole return which is cash
what is the price earnings pe ratiope market share priceeps no of timespe ratio is the most widely quoted investors ratio it demonstrates market
define the term- earnings per share epseps profit available to ordinary shareholders pat weighted average number of shares in issuep per sharethis
explain the term- interest coverinterest cover profit before interest and tax pbit interest payableno of timesinterest cover represents the safety of
determine the significance of gearing on shareholderssignificance of gearing on shareholders is financial risk for anun-geared and geared company it
difference between debtcapital and equity capitaldebtcapital comprises long-term loans debentures loan stock etc preference share capital may also