PDF-SAP Revenue Accounting and Reporting and IFRS 15 (SAP PRESS)

Its no secret that this world we live in can be pretty stressful sometimes If you find yourself feeling outofsorts pick up a bookAccording to a recent study reading can significantly reduce stress levels In as little as six minutes you can reduce your stress levels by 68. Advertisements may be displayed on the Internet or poster s ites broadcast on the television or radio published in magazines or journals or presented in another medium In some cases no cash or other consideration is exchanged between the entities In Accounting Changes and Error Corrections. Both GAAP and IFRS treat changes in accounting . estimates. prospectively. Changes in accounting . principles. are accounted for retrospectively for both GAAP and IFRS.. R. egulation. . D. e. al. ing. with . L. oan. . L. oss. . P. rovisioning. . Presentation for . the . seminar:. CREDIT RISK MANAGEMENT AND REGULATORY PROVISIONING . IN AN IFRS ENVIRONMENT . Past President – ICAI ,. Board Member of IFAC. Global Developments in the Accountancy Profession . The Accountancy Profession contributes USD $ 575 billion annually to the global economy. ( Report published by IFAC – Nexus-2).. Intermediate Accounting. IFRS 2nd . Edition. Kieso, Weygandt, and Warfield. . 1. Describe . the growing importance of global . financial markets . and its relation to financial . reporting.. Identify . Lecture 02. IAS 8 . Accounting Policies, Changes in Estimates and Correction of Errors. IAS 18. Revenue. IAS 37 . Provisions, Contingent Liabilities and Contingent Assets. Sajid. Shafiq, ACA. IAS-8 Overview. Hot Topics. . George Mensah, Deloitte & Touche LLP. Rae Stewart, Deloitte & Touche LLP. May 12, 2016. FASB . update . Employee Benefit Plans update. Leases. Revenue. Question . and answer. Agenda. Isabel Wang. Associate professor . Department of Accounting . & Information Systems. Broad School of Business. Michigan State University. Friedman (2005): the world is flat... . However, accounting is still diverse.. Chapter 6. Developing IFRS Standards. IFRS Foundation. Oversees IASB.. Independent body 22 trustees.. Mix of trustees reflects geographical spread of world’s capital markets.. Raises funds for standard setting process.. UNIT 13: FINANCIAL REPORTING. UNIT 13: FINANCIAL REPORTING. Learning Outcome . 3.Evaluate financial reporting standards and theoretical models and . concepts. 1. Analyse the context and purpose of financial reporting.. Professor Peter Walton. Fundación. Ramón . Areces. Universidad . Autónoma. de Madrid. 11 February 2016. Outline. ● Complexity of standards, and disclosure overload. ● Diminishing returns and Pareto principle. n. a. n. cial. . R. e. p. o. rting. . S. t. a. n. d. a. rds. (. I. F. R. S. ). S. u. b. :. . F. i. n. a. n. c. ial. . R. e. p. o. r. ting. . a. n. d. . A. n. a. l. y. sis. C. o. u. r. s. e. . :. Chapter 14. Group reporting. Defining a group -IFRS. Acquiring entity . (‘the investor’) and its control over an acquired entity (‘the investee’). . IFRS . 10 . applies . the principle that an investor controls an investee when it is... Worldwide accounting diversity and convergence. What is International Accounting?. Accounting . The word . accounting. . in International accounting encompasses: Functional areas of financial accounting, management accounting, auditing, taxation...