How assets, liabilities, provisions and foreign exchange transactions are recorded in the books of manufacturing companies ?
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How assets, liabilities, provisions and foreign exchange transactions are recorded in the books of manufacturing companies ?
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- How recording assets, liabilities, provisions and foreign exchange transactions in the books of mining companies different when compared to manufacturing companies ?How mining industries record the assets, liabilities, provisions and foreign exchange transactions in their books? How recording these transactions is different when compared to manufacturing companiesUsing practical examples describe how International Accounting Standard 23 would apply to Assets in your company?
- What type of firms or businesses under industry membership and asset size?How does the institution (Dept. of Trade Industry and DOST) provideassistance to small business owners?What are the acceptable methods of accounting for business operations in a foreign country? Choose a publicly-traded company that operates internationally and identify the impact that the foreign operations have on the financial statements. Explain.
- How do business transactions affect the accounting records of a company?Do all transactions between US businesses and foreign parties need specific accounting processes on the side of the US businesses? Explain.How do the business processes and lines of business of a company influence the architecture of its Accounting Information System?
- give your opinion on differences in accounting records for trading companies and service companies. In addition, include the accounting record cycle for the trade companyAccording to International Financial Reporting Standards (IFRS), which of the following is a key criterion for recognizing revenue from the sale of goods? A) Transfer of legal ownership B) Physical delivery of goods C) Customer payment received D) Completion of production E) Initiation of manufacturing process