For example, the IFRS brings together several international reporting rules, so that a business’s finances can be understood all over the world. This is essential in a globalised business world where shareholders may be operating in many different countries. The US is currently an exception to I...
To identify an embedded lease, the first step is to determine if an asset is identified within the contract. An asset is deemed to be identified in a contract if the contract specifically describes or defines the physical asset to be used in performing the service, whether explicitly or implic...
Don’t stop self-development. This is the time to take that online course you always wanted. Learn. There are so many great things to learn: soft skills, marketing, excel, writing, communication, accounting, IFRS… and many of these courses are free (hint: you can catch up and read all...
In the past,revenue management was primarily focused on price. Today, however, product/services, customer experience, offering value, and timing are equally important. If we narrow this further, the customer experience is the most impactful way to lessen customer churn. However, many companies, es...
An Integrated Workplace Management System (IWMS) is a single software platform for real estate and facility management that combines integrated functionality for the management of real estate, space planning, asset & maintenance, integrated services, and
No. 115” (Financial Accounting Standards Board 2007) or IFRS 9 “Financial instruments” (International Accounting Standards Board 2014), is required to measure financial liabilities at fair value and to recognize and separately disclose in the financial statements debt valuation adjustments (DVAs). ...
IFRS Answer: Contract asset vs. trade receivable The answer is – NO, it is not the same thing. I will try to explain the definitions of both terms and try to explain in a simple human language with common sense what the difference is. Then I will illustrate it in the example. What ...
Because value relevance is a summary measure of how well accounting amounts reflect a firm’s underlying economics (Barth, Landsman, and Lang, 2008; =-=Ewert and Wagenhofer, 2009-=-), assessing value relevance comparability also should provide evidence to the SEC as to whether IFRS-based ...
Again, we see different courses of reasoning. The most obvious example in facilities management perhaps is the ‘smart meter’. What is ‘smart’ about the ‘smart meter’? I guess it is the fact thatthe device is able to communicate its readings to other systems. That is all. I would ...
This is a collective, central SAP Note for SAP Business One 10.0. 2.1 Web Client General Feature Microsoft Teams Integration Description You can now present list views and detailed views of the following apps in the Web client through the Teams tabs if your organization has set up the SAP ...