Listed or Pending Contract Assets Lastly, when reviewing the population of 11 assets in a “listed” or “pending contract” status as of February 28, 2017: • 2 of 11 (18%) have days on market of more than 60 days • 2 listed assets have a variance (current list price as a percentage of the initial list price) outside of what RMS believes is an acceptable range • No assets have days on market of more than 100 days • 3 assets have reductions of more than 10% since listing When reviewing days on market
Disclosures on Intangible Assets 5 Compliance with AASB 138, Paragraphs 118 to 123 and 126 to 128 6 Differences in Disclosures Between the Two Companies 7 RECOMMENDATIONS 9 LIST OF REFERENCES 10 APPENDICES 11 Appendix A – Cervantes Corporation Ltd. – Consolidated Statement of Financial Position 11 Appendix B – Cervantes Corporation Ltd. – Note 1 (i) 11 Appendix C – Cervantes Corporation Ltd. – Note 13 12
Divorces are never pleasant and rarely simple. This is all the more true in cases involving high end assets. Here we will bring to light some common mistakes made in this situation and offer some tips for making the process as expedient and hassle-free as possible. 1: Do not make your decisions based on any kind of emotion. This one may seem somewhat obvious at first, but there are a few pitfalls that one can fall into without realizing in a high-stress situation such as this. For example, some
does not change the coefficients significantly (column 3); we continue to observe a significant impact of different intangible assets on the market value of firms. The regression results in column (4) of Table 2 indicate that R&D intensity displays diminishing returns: as firms get older, they get less value out of their R&D investments. The interaction term (RDS/Assets * Age) is negative and significant at the 5% significance level. The addition of this interaction term improves the fit of the
Asset forfeiture or asset seizure is a form of confiscation of assets by the state. It typically applies to the alleged proceeds or instruments of crime. This applies, but is not limited, to terrorist activities, drug related crimes, and other criminal and even civil offenses. Some jurisdictions specifically use the term "confiscation" instead of forfeiture. There are two types of forfeiture (confiscation) cases, criminal and civil. Approximately half of all forfeiture cases practiced today
intangible asset with accuracy and treating it correctly for the preparation of financial statements has been found to be quite difficult. In fact, one of the most contested areas of accounting lies with the treatment of internally generated intangibles assets – Research and Development. In simple words, the basic difference between tangibles and intangibles is that tangibles relates to those physical assets which can be touched such as machineries whereas intangibles refer to assets that do not
utilize in the production process. From an economic perspective, they represent the financial assets of a business organization as they represent the financial funds that it holds (Peng, 2014). Financial resources fall into three broad categories: business funds that represent cash, cash equivalents, and deposits held by banks, corporate capital that represent money that a company has invested in its assets and other financial resources that represent funds that flow from the organization’s investments
Introduction A few years ago West Ltd acquired all assets and liabilities of Fishy Tale. According to Fishy Tale’s Financial Statement, its intangible assets include the brand development which was valued at $800,000. However, there have been significant changes to accounting treatment for intangible assets after Australia adopted International Financial Reporting Standards (IFRS). The aim of this report is to examine the accounting treatment for Intangible Assets, both prior to, and after the adoption of
Depreciating assets over their useful lives, rather than just expensing them in the year they are acquired. When an asset such as new equipment is purchased by an organization, the seemingly obvious choice for reporting such an expense would be to record it entirely at the time of its purchase, and simply record income in the years following. This, however, is not the method used by accountants. Rather, they use a method of depreciating the asset. This basically means spreading the expense of
5 Asset and Liability Management (ALM) 29. There are different organizational and governance models that guide the management of bank asset and liability activities. The models reflect fundamentally different risk philosophies that tend to evolve with the growing sophistication and depth of financial markets together with the position and activities undertaken by a bank in the market. The terms ‘ALM unit’ and ‘treasury unit’, can be confusing as they are often used by organizations who assign