Measurement

Some challenges in measurement bases for best 1 in quality IFRS reporting

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Topics hide Some challenges in measurement bases Some challenges in measurement bases Some challenges in measurement bases for best 1 in quality IFRS reporting – When applied to financial reporting the term measurement can give a misleading impression of certainty and objectivity. In daily life, measurements are typically made of the physical characteristics of physical … Read more

The Best 1 Perfect Read – Performance obligations at a point in time

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Performance obligations at a point in time or in full ‘Performance obligations satisfied at a point in time’) and Performance obligations satisfied over time are the two choices in IFRS 15. Performance obligations at a point in time Determine over time To determine whether revenue allocated to a performance obligation should be recognised over time, … Read more

Need for accounting measurement the big 1

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(adsbygoogle = window.adsbygoogle || []).push({}); Need for accounting measurementNeed for accounting measurement provides a summary of the measurement bases in use in Financial Reportingand the concepts behind these measurement bases.The measurement bases that will be considered here are: Topics hide Need for accounting measurement Need for accounting measurement provides a summary of the measurement bases … Read more