PPT-International Accounting Standard 18 Revenue

Ahmad Ismail What is IAS 18 Revenue Measurement of revenue Recognition of revenue Identification of transaction Content Income definition per framework Increases economic benefits assets liabilities. Day 3. Unearned Revenue. Payment collected but service to be done in the future. Ex: Expedia flight tickets, Ticketmaster, Gift cards, warranties on products/services, gym memberships. Revenue is allocated to the fiscal period in which it was actually earned. Slide 1 of 18. CA PARAS JAIN. parasjain2807@gmail.com. +91 9819815706. Accounting Policies. Changes in Accounting Policies. Accounting Estimates. Changes in Accounting Estimates. Prior Period Errors. The standard was extensively revised in Dec 2003. The new title reflects the fact that the material on determining net profit or loss for the period has been transferred to IAS 1.. Mr. Barry. A-level Accounting Year 13. ACCOUNTING. AN ECONOMIC DEVELOPMENT. ACCUSER. OF ACCOUNTING INFORMATION . OUTING. AS AN A INFORMATION SYSTEM. FACTORES INFLUENCING ACCOUNTING ENVIRONMENT. ACCOUNTING STANDERDS . ACCOUNTING PRINCIPLE . 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. Resource Person :. Nassir . Hosanee. Principal Financial Operations Officer. Ministry of Ocean . Economy , Marine Resources , Fisheries and Shipping. Session 3. Group : . B. Date . :. . 26 . September,2017. College of Business and Communication. What Can I Do. With An Accounting Degree?. BYU-Idaho . Accounting Department. Audit Services. Tax Compliance and Consulting. Information Systems Management & Consulting. Developed and presented by Samuel A. Monastra, CPA. SAMUEL A. MONASTRA, CPA. Mr. Monastra is a Director with McGladrey, LLP. He has extensive experience with publicly held companies and large privately held companies. Industry focus: manufacturing, life sciences & technology, financial services, and public sector. . . CA B.RADHA KRISHNA. B.COM, FCA . Cash system . of accounting. INTRODUCTION: . Government of India is planning to introduce Acrual System of Accounting in all its departments.. LECTURE NOTES – VACATION SCHOOL 2018. INTRODUCTION TO PUBLIC SECTOR ACCOUNTING. L. EARNING OBJECTIVES. After studying this chapter, readers will be able to:. Understand the objective of public sector accounting. REGINA HAILEY . GRANTS ACCOUNTANT MANAGER . ACCOUNTING APPLICATIONS . . Grants Accounting Online Reporting Systems (GAORS). Consolidated Application (Con AP). Invoice Application . Completion Report Application . 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.. The Benefits of Reading Books (A) Accounting concepts.. (B) Accounting conventions.. Accounting concepts- . Accounting concepts are the fundamental assumptions on which transactions are recorded and financial statements are prepared. These concepts provide base for accounting process. While doing accounting use of these concepts are compulsory and they are not optional. More or less they are rigid and can not be changed. .