relevent code of practice

Discuss TWO criteria that must be satisfied for an item of property, plant, and equipment to be recognized under FRS 116 and when should the criteria be applied.

22. The receipt of an allotment is recorded by a government entity in the? RAOD ORS RAPAL a and c

Assuming IASB board is considering amendment to the IAS 16: Property, Plant and Equipment, what changes will you suggest to IASB board based on what you have learnt so far about the standard?

Access the FASB Accounting Standards Codification at the FASB website (asc.fasb.org). Determine the specific citation for each of the following items: 1. The disclosure requirements in the notes to the financial statements for depreciation on property, plant, and equipment. 2. The criteria for determining commercial substance in a nonmonetary exchange. 3. The disclosure requirements for interest capitalization. 4. The elements of costs to be included as R&D activities.

Identify the following as intangible assets (IA), natural resources (NR), or some other asset (O). Trademark

Briefly explain the term of ‘biological asset’ and discuss when a biological asset is recognised in the financial statements under the MFRS 141.

Explanation on the recognition, measurement and disclosure requirements for the accounting treatment MRFS 138 intangible asset with clear details on scenarios

Explanation on the recognition, measurement and disclosure requirements for the accounting treatment MRFS 138 intangible asset with clear details

Which of the following statements relating to the accounting for research and development expenditure under IAS 38 is CORRECT? (i)         All expenditure on research should be written off in the year incurred.(ii)        All expenditure on development should be written off in the year incurred.(iii)       Expenditure on research which satisfies all stipulated conditions can be capitalised.(iv)       Expenditure on development which satisfies all stipulated conditions can be capitalised.   Question 8 options:   1)  Statements (i) & (ii) only.   2)  Statements (iii) & (iv) only.   3)  Statements (i) & (iv) only.   4)  Statements (ii) & (iii) only.

Explanation on the disclosure requirements for the accounting treatment of the intangible asset MRFS/ IRFS 138. Clear example with explanation on recognition , measurements , disclosure requirements for accounting treatment on intangible asset.

Question 3 The type of intangible assets in which the right granted by a company or the government to deliver a product or service under specified conditions is termed as: a. Franchises and Licenses Ob. Leaseholds Oc. Leasehold Improvements Od. Copyrights

Directions: Read and analyze the following standards and answer what is required.  Required: Write the definition, recognition, measurement and derecognition if any in the chart above provided for the following: Intangible assets Impairment of assets Investment property Agriculture Borrowing cost Government grant

please detail explantuion

Sales and exchanges of personal use and investment use property are generally reported first on form 8949 sales and other dispositions capital assets the total reported on form 8949 are they carry to which form or schedule?

GAIN ON VALUATION IN RELATION TO IAS 40 INVESTMENT PROPERTY SHOULD BE TAKEN UP IN SOPL OR OCI?

Which of the following term relates to Copyrights, Patents and Trademarks? O a. Investments O b. Intangible assets O c. Current assets O d. Fixed assets

In California, by statute, the seller(s) of residential real property must make each of the following disclosures to the buyers(s), in writing, except a. Natural Hazard Disclosure statement. b. Lead-Based Paint Disclosure statement. c. Assessment District Disclosure statement. d. Criminal Rehabilitation Facility Disclosure statement.