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What establishes the Necessity of IFRS 13? The International Financial Reporting Standards (IFRS) 13 ‘Fair Value Measurement’ describes how to measure fair value by giving explicit definitions and proposing a
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IAS 10- Events After The Reporting Period This article was provided by Mirchawala’s Hub Of Accountancy; please visit our website Mirchawala.com for more educational blogs about ACCA in the UAE
“Dominate the ACCA F7 Exam: IFRS 16 Lease for Success-Your Ultimate Guide “
Understanding Lease Accounting Introduction to lease – ACCA F7 EXAM A contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return
Depreciation Concepts — Maintaining Financial Records FA2
WHAT IS DEPRECIATION? Depreciation is an accounting technique for spreading out the expense of a tangible or physical asset over the course of its useful life. It is the process
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Out of 41 International accounting standards “ Government grant is one of them which is considered as IAS 20. This IAS deals with the benefit provided by government authorities to
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Bookkeeping in Financial Accounting Is the course of methodically recording, sorting out, and keeping up with monetary exchanges and data for a business or association. It is a basic part
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IAS 16 Property plant and equipment In the world of financial accounting, precision and transparency are paramount. One foundational International Accounting Standard that encapsulates these principles is IAS 16, focusing
All you need to know about “SBR” – an ACCA professional exam
As per the order laid out by ACCA, Strategic Business Reporting (SBR) comes first in the series of professional exams. Assuming you follow the same trend, welcome to the professional
What Causes a Shift in the Supply and Demand Curve? FBT ACCA exam
What is a Market? A market is theoretically referred to as a place where buyers and sellers meet to exchange commodities; it is called trade. For trade to work, a
Earnings Per Share in financial reporting /f7
Introduction to International Financial Accounting Standards International Financial Reporting Standards (IFRS), which have now been accepted by the majority of the world’s major financial markets, replaced International Accounting Standards (IAS),
