Summary of Required Disclosures

Summary of Required Disclosures

The new disclosures requirements should be applied for annual periods beginning on or after 1 January 2007; earlier application is encouraged. They apply to all…
Derecognition of a Financial Asset

Derecognition of a Financial Asset

Derecognition may be the term used for removing an asset or liability in the balance sheet. IAS 39 packages out the criteria for de-recognition regarding…
Derecognition of Financial Liabilities

Derecognition of Financial Liabilities

Any transaction is accounted for like a collateralized borrowing should the transfer does not satisfy the conditions for derecognition. The entity acknowledges a financial liability…
Credit Management Policy

Credit Management Policy

Origin of the Report The report titled “Credit Management Policy”-A case study on BASIC Bank Ltd. During the internship, the student is required to prepare…
Reclassification of Assets

Reclassification of Assets

Reclassifications between categories are somewhat uncommon under IAS 39 and they are prohibited into and out of your fair value as a result of profit…
Conscious Capitalism

Conscious Capitalism

Conscious capitalism enterprises and the people are those seeking knowing of the effects of their actions and putting into action practices that benefit both individuals…
Initial Recognition and Classification

Initial Recognition and Classification

Initial Recognition could be the under IAS 39 an entity needs to recognize a financial asset or responsibility on its equilibrium sheet when, and only…
Role of Multinational Corporation of FDI

Role of Multinational Corporation of FDI

multinational corporation unremarkable take into account direct foreign investment as a result of it will improve their profit and enhance investor wealth. In most cases,multinational corporation…
Foreign Direct Investment

Foreign Direct Investment

Foreign Direct Investment(FDI) would be the acquisition of managerial control by way of citizen or corporation of your home nation more than a corporation of…
Effects of Financial Leverage

Effects of Financial Leverage

Financial leverage can be explained as the degree to which a corporation uses fixed-income stock options, such as debt and preferred equity value. With a…
Debt Collection Strategies

Debt Collection Strategies

Debt collection strategies are an organized approach incorporating the different collection tools for being used by a company to recover debts. Each agency should establish…
Passive Income

Passive Income

Passive income is usually an income received often, with little effort required to maintain it. It is tightly related to the very idea of “unearned…
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