Being one of the older standards in the current suite of IFRSs, IAS 7 is shorter and more summarised than new and revised standards which have been issued more recently by the IASB. It has also been subject to few changes since it was issued.2. DEFINITION OF CASH AND CASH EQUIVALENTSIAS...
asopposedtowhentheyarepaid.Thestatementofcashflows,however,doesnotaccordtothisprinciple.Bydefinition,thestatementofcashflowsispreparedonacashbasis,ratherthananaccrualsbasis.Theobjectiveofthestatementofcashflowsistoprovidetheuserofthefinancialstatementswithinformationastohowthereportingentityhasgeneratedcashduringthe...
of tax and levies 3收到的其他与经营活动有关的现金Other cash received relating to operating activities 4现金流入小计Sub-total of cash inflows 5购买商品、接受劳务支付的现金Cash paid for goods and services 6支付给职工以及为职工支付的现金Cash paid to and on behalf of employees 7支付的各项税费...
Expenses are decreases in economic benefits during the accounting period in the form of outflows or depletions of assets or incurrences of liabilities that result in decreases in equity, other than those relating to distributions to equity participants. [F.70] The definition of income encompasses ...
IASC的建立1972年在悉尼召开的国际会计师大会上,成立了会计职业国际协调委员会,经过该国际组织的主要成员国的有关人员的协商,提出了设立国际会计准则委员会的方案,后经准备委员会的筹备,终于在1973年6月由来自澳大利亚加拿大法国德国日本
IASC的建立 1972年在悉尼召开的国际会计师大会上 成立了会计职业国际协调委员会 经过该国际组织的主要成员国的有关人员的协商 提出了设立国际会计准则委员会的方案 后经准备委员会的筹备 终于在1973年6月由来自澳大利亚 加拿大 法国 德,人人文库,
Example: IFRS 16 Leases in the statement of cash flows (IAS 7) On 1 January 20X4, ABC entered into the lease contract. The details are as follows: Initial right-of-use asset equals to CU 20 000, thereof: the present value of the lease liability is CU 17 000; and ...
The requirement for the asset to be held for use in the production or supply of goods or services, for rental to others, or for administrative purposes has been removed from the definition of an intangible asset. IN6 The previous version of IAS 38 did not define ‘identifiability’, but ...
ASegmentdefinitiondecisiontree BIllustrativesegmentdisclosures CSummaryofrequireddisclosure ias14.fmPage904Friday,January27,200610:08AM IAS14 © IASCF905 InternationalAccountingStandard14SegmentReporting(IAS14)issetoutinparagraphs 1–84.AlltheparagraphshaveequalauthoritybutretaintheIASCformatofthe ...
[] The definition of income encompasses both revenue and gains. Revenue arises in the course of the ordinary activities of an enterprise and is referred to by a variety of different names including sales, fees, interest, dividends, royalties and rent. Gains represent other items that meet the ...