Considering multi-currency contracts, which procedure is more appropriate for assets valuation and assets provision in case of currency loss ?

Question added by Carmen Cancela , Partner , C and R Consultants
Date Posted: 2015/02/28

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Should the provisions for losses and expenses be assimilated to equity or debt? Explain
Top Answer: provision is an amount set aside from a company’s profits for an expected liability or for the decreasing ... See More

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كيف يتم معالجة الأصل بعد انتهاء مخصص إهلاكه و بيعه على حالته؟ How to process the asset after provision for depreciation and sold on his condition?
Top Answer: إذا تم إهلاك الأصل محاسبيا وتم بيعه بعد ذلك فإن أية مبالغ تحصل من عملية البيع تدخل ضمن الإيرادات أي أنها ... See More

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What would be contract procedure follow for industrial building?
Top Answer: Since most industrialised building specialists offer different systems of construction, it will be seen t ... See More

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What is the accounting entry when depreciated asset is sold for loss..?
Top Answer: If fixed asset is sold, the asset's depreciation expense must be recorded up to the date of the sale. the ... See More

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