Reconnaissance et mesure dans l'information financière
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Reconnaissance et mesure dans l'information financière

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  • Notes d'étude
  • Révisions du sujet
    Kangira J.
    UG
    Kangira J.

    IAS 39 Financial Instruments: Recognition and Measurement outlines the requirements for the recognition and measurement of financial assets, financial liabilities, and some contracts to buy or sell non-financial items. Financial instruments are initially recognized when an entity becomes a party to the contractual provisions of the instrument, and are classified into various categories depending upon the type of instrument, which then determines the subsequent measurement of the instrument (typically amortized cost or fair value). Special rules apply to embedded derivatives and hedging instruments

    Maundrey Wilton K.
    ZA
    Maundrey Wilton K.

    I have learned so much in this Diploma Course and I can't believe I will soon be working in the Accounting field thanks to ALISON. Yes, it took hard work and dedication but the benefit exceeds the once-off hard work invested into completing this course. Good Luck to everyone studying this course. My next course will be Diploma in Accounting-Advanced Transactions. Cheers Everyone

    Moses Ngangula K.
    NA
    Moses Ngangula K.

    The module have given me the inside of what accounting theory all about.

    Harrison D.
    NG
    Harrison D.

    According to SFAC 5, an item should be recognized in the basic financial statements when it meets the following four criteria, subject to a cost effectiveness constraint and materiality threshold: Measurability. The item has a relevant attribute measurable with sufficient reliability. The question of measurement involves two choices: (1) the choice of a unit of measurement, and (2) the choice of an attribute to be measured. SFAC 5 essentially confirmed existing practice in both of these areas. The monetary unit or measurement scale used in financial statements is nominal units of money without any adjustment for changes in purchasing power. In addition, the board acknowledged that different attributes such as historical cost, net realizable value, and present value of future cash flows are presently used to measure different financial statement elements, and that they expect that practice to continue. For example, property, plant, and equipment are measured at historical cost; accounts receivable are measured at their net realizable value; and most long-term liabilities, such as bonds, are measured at the present value of future cash payments. Present value measurements have long been associated with accounting valuation. However, because of its increased prominence, present value is the focus of a recent FASB concept statement that provides a framework for using future cash flows as the basis for accounting measurement and also asserts that the objective in valuing an asset or liability using present value is to approximate the fair value of that asset

    Sarah G.
    US
    Sarah G.

    Recognition and measurement in financial reporting is puttingbthe information into the financial records

    Rose R.
    PG
    Rose R.

    Recognition process of admitting information into the basic financial statements. refers to the process of admitting information into the basic financial statements. Measurement process of associating numerical amounts to the elements. is the process of associating numerical amounts to the elements.

    Rose R.
    PG
    Rose R.

    Recognition process of admitting information into the basic financial statements. refers to the process of admitting information into the basic financial statements. Measurement process of associating numerical amounts to the elements. is the process of associating numerical amounts to the elements.

    Rose R.
    PG
    Rose R.

    Recognition process of admitting information into the basic financial statements. refers to the process of admitting information into the basic financial statements. Measurement process of associating numerical amounts to the elements. is the process of associating numerical amounts to the elements.

    Rose R.
    PG
    Rose R.

    Recognition process of admitting information into the basic financial statements. refers to the process of admitting information into the basic financial statements. Measurement process of associating numerical amounts to the elements. is the process of associating numerical amounts to the elements.

    PHILLIP O.
    US
    PHILLIP O.

    On Thursday night, at about 10:00 PM, US Eastern time, I finished all of Module 6, but a strange thing happened, or rather, didn't happen. I got credit for all of Module 6 except for, "Basic Elements of Financial statements." Please give me credit for it so that I can continue onto the remaining Modules. Thanks and have a great weekend.

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