This Standard becomes operative for financial statements covering periods beginning on or after 1 July 2007. OBJECTIVE To prescribe the accounting treatment of revenue and costs associated with construction contracts. This is because thestart data and complete/end date for construction contracts usua...
ASB proposes improvements to cashflow standard FRS1.(Accounting Standards Board, United Kingdom)
FRS17, the accounting standard for pension liabilities, has been used to explain why so many pension schemes are now selling equities and investing in bonds: investors have started to realise the impact an accounting standard can have on profits and share prices. This is especially true for thos...
The parameter η is the suppression factor accounting for the solid angle covered by the back-to-back pixels, the preliminary estimate obtained from the Monte Carlo simulation is described in the next section. For central pixels η is approximately 1.1 × 10−2. Table 2 indicates that this ...
FINANCIAL REPORTING STANDARD FRS 25 Accounting for InvestmentsStandard, Reporting
Companies err over FRS13.(financial accounting standard)(Brief Article)
MARK SMITH
Plans prepare to bear standard costs: FRS 20 is a new accounting rule that is going to test the wits of each and every management accountant, but its impact on staff share schemes will vex even resilient HR types.(Share schemes: accounting rules)...