valuation and reporting of long-lived assets. IFRS permit the use of either the revaluation model or the cost model‚ while under GAAP; only the cost model is permitted. Revaluation model changes the carrying amount to fair value. But the assumption is the fair value can be measured reliably. P2 revaluation model& cost model A key difference between the two models is that the cost model allows definitely decreases in the values of long-lived assets‚ but the revaluation model may result
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With further details‚ Emirates-Qantas partnership will have global reach; Qantas adjusts partners CAPA > Aviation Analysis > With further details‚ Emirates-Qantas partnership will have global reach; Qantas adjusts partners 12th September‚ 2012 © CAPA While the seismic Emirates-Qantas partnership was announced as covering northern Africa‚ Europe‚ the Middle East‚ New Zealand and Southeast Asia – by all means a large portion of the world – Emirates and Qantas are laying the seeds for the
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SYNOPSIS A Study on Reduction of Non-Performing Assets in Commercial Banks ( A Case Study of Alwar and Lakhimpur District) SYNOPSIS Submitted to the JJT University for Registration of Ph.D Degree (IN ECONOMICS)
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Jean-Paul Satre‚ a philosopher of the 20th century‚ stated that “ownership extends beyond objects to include intangible things…”. I believe that this is true; that ownership can involve material items as well as intangible things such ideas‚ experiences‚ and memories. Ownership is fundamentally important in the creation of self-identity‚ as the ownership of both the tangible and the intangible help to form morals‚ personality‚ and character traits that are utilized to form self-identity. Material objects
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A STUDY ON ASSET LIABILITY MANAGEMENT IN BANKS ABSTRACT: In banking‚ ASSET AND LIABILITY MANAGEMENT (often abbreviated ALM) is the practice of managing risks that arise due to mismatches between the assets and liabilities (debts and assets) of the bank. This can also be seen in insurance. Asset liability management (ALM) is a strategic management tool to manage interest rate risk and liquidity risk faced by banks‚ other financial services companies and corporations. Asset-liability management
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Course Name: BSB40507 Certificate IV in Business Administration Unit Name: BSBADM405B Organise meetings Please fill in your details Student Number Student Name Kristian Kuczmierowski Current Address Email Assessor Name Result Individual Assessments result Assessment 1 S NS Final Result C Assessment 2 S NS Assessment 3 S NS NC Assessor Signature Date Feedback to Student I have received the Assessment Feedback on ____________________________(Date)
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completing undergraduate school work in information systems‚ Dallin Bourne and Michael Banks decided to start a business called ISys Answers which was a technology support company. During year 1‚ they bought the following assets and incurred the following fees at start-up: Year 1 Assets Purchase Date Basis Computers (5-year) October 30‚ Y1 $15‚000 Office equipment (7-year) October 30‚ Y1 $10‚000 Furniture (7-year) October 30‚ Y1 $3‚000 Start-up costs October 30‚ Y1 $17‚000 In April of year 2‚ they decided
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96 Accounting Standard (AS) 10 Accounting for Fixed Assets Contents INTRODUCTION Definitions EXPLANATION Identification of Fixed Assets Components of Cost Self-constructed Fixed Assets Non-monetary Consideration Improvements and Repairs Amount Substituted for Historical Cost Retirements and Disposals Valuation of Fixed Assets in Special Cases Fixed Assets of Special Types Disclosure MAIN PRINCIPLES Disclosure Paragraphs 1-6 6 7-17 8 9 10 11 12 13 14 15 16 17 18-37 37 134 AS 10 (issued
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CHAPTER 6 ASSET-LIABILITY MANAGEMENT: DETERMINING AND MEASURING INTEREST RATES AND CONTROLLING INTEREST-SENSITIVE AND DURATION GAPS Goals of This Chapter: The purpose of this chapter is to explore the options bankers have today for dealing with risk – especially the risk of loss due to changing interest rates – and to see how a bank’s management can coordinate the management of its assets with the management of its liabilities in order to achieve the institution’s goals. Key Topic In This Chapter
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and Noncurrent Assets Current Assets A current asset is an asset such as cash‚ receivables‚ or inventory that can be converted into cash‚ consumed‚ or sold within a year’s time or a normal operating business cycle. These assets are listed on a company’s balance sheet as cash‚ unexpired insurance‚ accounts receivable‚ supplies‚ etc. and are expect to leave the balance sheet in the near future. Current assets get used up quickly and are used to pay current liabilities. Current assets are involved in
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