Under IFRS, loans and receivables are to be reported on the balance sheet at:

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

a) amortized cost

b) amortized cost adjusted for estimated loss provisions

c) historical cost

d) replacement cost.visions

Accounting IFRS US GAAP

Question ajoutée par Utilisateur supprimé
Date de publication: 2015/12/13

Apprécier (1) Vues (5) Suiveurs (2) Réponses (2) Report Question

Answer b is the right option .

Apprécier (1)

par هيثم ناجى , محاسب اول , الفيوم لصناعة السكر

according to the principle of historical cost the answer is

c) hitorical cost

What is the amount reported on the balance sheet for Property?
Top Answer: yes. entities can choose between the cost model and fair value model to reflect the value of plant and eq ... Voir Plus

Réponses (5)
What are the difference between trial balance and balance sheet ?
Top Answer: TRAIL BALANCE MEANS A STATEMENT OF ALL DEBIT OR CREDIT IN A DOUBLE ENTRY ACCOUNT BOOK. BALANCE SHEET IT ... Voir Plus

Réponses (11)
Does balance sheet shows current period profit & loss ?
Top Answer: yes it is included in the retained earning Voir Plus

Réponses (68)
Where is the revenue received in advance to go on balance sheet?
Top Answer: <p>Revenue received in advance shall be disclosed under the current liabilites in the balance sheet ... Voir Plus

Réponses (18)

Avez-vous besoin d'aide pour créer un CV ayant les mots-clés recherchés par les employeurs?