IFRS Articles - Page 1 - ArticleSnatch.com

Articles about IFRS (0-50 of 84)

  • Ideas For Risk Management And Compliance To Help You
    By: A Turner | - supplies regulatory reporting answers throughout the globe for banks, insurance policy companies, funds as well as other budgetary establishments. By leveraging an international data model (DataFoundation), a standardised essential progression atmosphere, thoroughly incorporated calculation capabilities, as well as a world-wide runtime engine for reporting, are able to supply neighborhood reporting effectively and consistently for every jurisdiction.
    offers regulatory reporting options thr ...

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  • Still Undecided!! Listen What Certified Expert At Piron Corporation Says About Finance And Account
    By: Sundar Rawat | - What is ACCA and why ACCA is the most in-demand certification? Accounting has its own established place in todays world. So, why not accounting?
    The last few months saw students all over the country reaching the place from where they wish to enter a new phase in their career life .i.e. College
    Long queues scrutinizing the selection list, nerve breaking moments for some who could not get the desired option, discussions over courses looking for viable options, settling down for co ...

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  • Make Your Way On The Corporate Ladder!!
    By: Sundar Rawat | - One such opportunity which is jack of all trades is the knowledge of accounting.

    In the business world, accounting is one discipline of study that all people, regardless of job position, should have some knowledge of. Its (accounting) concepts can be applied to all job specialties, the importance of accounting degrees have been promoted in recent years, because accounting courses are useful in peoples everyday lives.

    So, why not turn ourselves into a professional ac ...

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  • Top Ten Management Consultants Firms In Dubai
    By: jcauaeaudit | - JCA (Jitendra Chartered Accountants) is well known for Management Consultants Firms in Dubai. We provide legal, audit or other professional services to clients. Recent indications show that, despite the independence of all the firms involved, JCA is currently ranked in the top 10 Independent Network of Accountants. We are offshore company incorporation, Business setup and management consultancy firm engaged in guiding leading corporations to create and sustain competitive advantage. At JCA Audit ...
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  • Brisbane Accountants Show Conformance To Reporting Standards
    By: Prasanth | - One of the major concerns that we, as business owners participating in the global marketplace, we need to address the various governances and compliance issues related to our financial matters. Basically, we need to have our financial practices to be uniform across all industries and markets in both the national and international business. One way these governances and compliances are met thru the standards established by the International Financial Reporting Standards (IFRS). All the Brisbane A ...
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  • Sap Training Programs
    By: smileysharma | - SAP India, one of the world's leading providers of business software solutions, with software designed to meet the demands of companies of all sizes and NIIT, the leading Global Talent Development Corporation unveil a gamut of courses to arm your employees with the acumen to leverage enterprise resources like never before. SAP enables your workforce to administer as well as optimize resources while delivering on cost reduction, ROI, providing insight for improved performance, agility to quic ...
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  • Kyriba Understands Treasury
    By: kyriba | - Kyriba---the leader in treasury
    Kyriba was designed to meet the new challenges of corporate treasurers in terms of mobility, financial performance, process automation (STP), security, cost reduction, visibility and compliance. With over ten years of cash and treasury management system experience, we understand how to help you improve the efficiency and effectiveness of your treasury operation throughout the world.
    With the rich functionality of Kyribas SSAE16 audited Software- ...

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  • Next-gen"€™ Solutions Enable Keeping Pace With Regulatory Changes & Rising Demand For Actuarial Serv
    By: wns | - The insurance industry world-wide is facing a dizzying number of challenges including increased international regulation and focus on accounting and actuarial standards. The regulatory changes in the international arena include Europes transition to Solvency II.

    Solvency II is expected to come into effect in January 2013 and is likely to affect as many as 6,000 insurers across 30 countries.1 A report by Standard & Poors in 2008 titled, One in Four of Europes Insurers Cou ...

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  • Repeal Of Last-in, First-out (lifo) Accounting
    By: Liliana DeVita | - If you're not an accountant you may not be familiar with the "last-in, first-out" (LIFO) accounting method. But repealing it has become part of President Barack Obama's 2011 Deficit Reduction Plan. Some companies use the LIFO method to calculate the value of their inventory and as a means of reducing tax liability.

    What is LIFO? LIFO is the opposite of FIFO, the "first-in, first-out" method, which is based on the assumption that the first goods purchased are the first ones sold. Th ...

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  • New Web Version Of Financial Services Tools Available On The Net
    By: A Turner | - Brussels, Belgium-- 6th April 2011: FRSGlobal, element of Wolters Kluwer Financial Services, a leading worldwide supplier of compliance and risk management resolutions for the financial services industry, today launched web-based versions of it is resolutions to permit multiple viewerses-- including the C-level executive suite-- access to dynamic prospect and regulatory credit reporting operation online. The technological innovation builds on FRSGlobal's powerful web-based risk management soluti ...
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  • Getting Online A Life Insurance Policy Vs Using Life Cover Agents
    By: AllenPotts2011 | - Choosing an insurance agency that can resolve problem speedilyThe ability to a life insurance provider to look at insurance offerings that specifically encounters their needs. Cut-throat pricing and expense transparency

    Teachers could possibly get the similar decrease deals as well. If you happen to be intrigued why these persons seem additional privileged inside insurance sectors, it will possibly not hurt to ask your insurance policy corporation. In certainty, why not ask the alte ...

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  • Mauritius Fund Administration: Points To Remember
    By: Amayna Mure | - When it comes to choosing a Mauritius fund administration Company the options are plenty. Through hard work and dedication a numerous Companies in Mauritius have consolidated their position among the top shots in the business. However, there is neither a dearth of fake agencies claiming to offer world class services. So, count your steps carefully while entering the Mauritius funds market. With the number of options available and without adequate knowledge about how they work, you may be left wa ...
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  • Xbrl Advantages And Adoption By India
    By: KDK Software | - XBRL Viewer

    XBRL Viewers help die users of a XBRL document to view it. The users can drill down to the related taxonomies for detail information. Some of the software has in-built provision to make further analysis from the available data. Data viewed from XBRL Viewers can be transferred to Excel or other databases. The XBRL file viewer tool is a simple standalone application that allows you to review every minor detail in an XBRL instance document' (www.reportingstandard.com).

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  • Thoughts On Preparing For Ifrs
    By: Mike Arnoldy | - Over the past few weeks, we have taken a brief look at IFRS and its possible impact on consolidation applications. Now, it is time to look at what you can do to start preparing. The current answer is not much. Until the SEC decides on the if, when and how of the U.S. adopting IFRS, there are not a lot of concrete steps you can take. There are, though, some things you can do to prepare.

    First

    Start monitoring developments. Some useful websites are www.sec.gov, www. ...

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  • Need And Importance Of International Accounting Standards (ias)
    By: Rashid Javed | - Financial reporting frameworks were initially developed within each country, resulting in significant differences of reporting standards across national boundaries. This caused reporting problems for multinational companies and difficulties for stock market analysts, international investors and economic agencies such as the World Bank and International Monetary Fund. As this information is used to support global investment decisions and to account to international providers of funds, national ac ...
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  • Ifrs And Summarized Accounts
    By: Mike Arnoldy | - My last blog discussed the changes to a Hyperion Financial Management application with a granular chart of accounts in order to support IFRS. Now, lets take a look at the changes required for an application that has a summarized chart of accounts. If you have this type of application, adopting IFRS is going to require a substantial amount of work and will probably result in a completely new application.

    Many companies have designed their Hyperion Financial Management application ...

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  • Ifrs And Its Impact On Hyperion Financial Management (http://ow.ly/6cncf)
    By: Mike Arnoldy | - My last blog discussed the potential impact of IFRS on the transactions systems. Now lets take a look at how IFRS impacts Hyperion Financial Management. Not surprisingly, the impact is different for each application depending primarily on how that application is designed.

    If you have not paid much attention to IFRS, I would suggest you take a look at what the financial statements look like. Compare these statements with your current financial statements. IFRS financial statements ...

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  • Accounting Services, Accountancy Services Tax Parntners Uk
    By: Kevin Packston | - We are a firm of qualified tax accountants and advisors based in the UK, offering a wide range of accountancy and tax services self employed individuals, partnerships and small and medium sized businesses. Our team comprises accountants with UK qualifications such as ACCA, FCCA, ACA, and ACMA. Being professionally qualified accountants we are able to provide a full range of accounting services starting with basic bookkeeping services. For smaller businesses these might include bookkeeping servic ...
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  • Xbrl Filing, Xbrl Reporting, Xbrl Solution, Xbrl Services In India
    By: xbrlconsulting | -
    Article Summary:
    Communication is the key to business success. Extensive Business Reporting Language or XBRL has become the ideal way for exchanging business information and communication. It is freely available, is a global service and has convenient and easy usage.
    Article Body:
    In the world where communication is the key to any business, XBRL (Extensible Business Reporting Language) has brought on a revolution. It is free, open and an accepted global standard for exc ...

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  • Development And Implementation Of Xbrl In India
    By: Rhapsody Services | - Professionals mostly Financial professionals were reeling under the IFRS/ IND AS giant in India and wondering what Ministry of Corporate Affairs (MCA) is up to i.e. whether IFRS/IND AS will see the light of the day this year or not and Bang MCA releases a circular with the following subject 'Subject: Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode'. And then the first paragraph read as follows:

    'It has been decided ...

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  • Gtm Specialized Variety Types Of Conference
    By: Kha Haber | - GTM mission is to provide their clients with the most comprehensive and latest information on conferences and trade exhibits that is why they specialized on variety types of conference to help their clients find the best conferences for their career advancement. They made this possible through the types of conference that they feature on their site like of:

    Science and Technology Conferences- it features events related to aeronautics for example: Aerospace and Defense Meeting Seattl ...

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  • Growing Business In Accounting And Accounting Effective
    By: Yasir | - Organized and updated financial records are the basics of accounting and bookkeeping. The counters and counters based on his books to prepare your taxes (among others).

    The work of an accountant is different from an accountant, but the two do intersect in some respects, particularly in tax preparation and filing of the season. Accounting focuses more recording of a person or financial transactions of a business such as sales, payroll, bills, and deductibles. Accounting methods used ...

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  • Why Your Balance Sheet Will Have Three Columns
    By: Debi Peverill | - Starting on January 1, 2011 the rules of accounting in Canada have changed. Canadian businesses have the option of changing to one of two new methods of accounting. Change they must, there is no sticking with the old rules.

    The public companies will switch to IFRS the International Financial Reporting Standards. The rest of us are going to be making a change to ASPE or Accounting Standards for Private Enterprises. So what does this mean, besides two new four letter words? Let's tal ...

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  • Gtm Specialized Variety Types Of Conference
    By: elijah.v | - GTM 's mission is to provide their clients with the most comprehensive and latest information on conferences and trade exhibits that is why they specialized on variety types of conference to help their clients find the best conferences for their career advancement. They made this possible through the types of conference that they feature on their site like of:

    Science and Technology Conferences- it features events related to aeronautics for example: Aerospace and Defense Meeting Sea ...

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  • If You Don't Go After The World, The World Will Be After You Read More
    By: Sundar Rawat | - The time is taken away by heavy research work on websites, newspapers and dreaming on money making mouth watering courses in advertisements.

    Then there are advices from all the relatives, friends and whosoever we know, with assurances of success, but no one knows the right answer and no one cares for the capabilities and interests of the aspirant, for whom all these
    activities are taking place, and loses out on the important key aspect for anyone"s success that what th ...

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  • Ifrs In India - The Journey So Far
    By: Rhapsody Services | - IFRS-'International Financial Reporting Standards' was the buzz word about three to six months back and suddenly no one is talking about it to that extent any more. Of course there are some people who would prefer calling it IND AS Indian Accounting Standards or converged Accounting Standards.
    Actually the genesis of 'IND AS' itself summarises the overall approach in bring in a new set of accounting standards to India. Let us all go back almost half a decade back to understand the jour ...

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  • What To Do After 10+2
    By: Kamaldeep Singh | - Passing 10+2 is crucial, but deciding what to do next is critical. If the objective of studying is to ensure a rewarding career, then choosing a course that is job oriented is important. Employers all over prefer a business management graduate because she/he is industry-ready. Valuable time and money resources need not be spent on training the employee. An employee with a business management degree is well informed about production, quality control, marketing, HR finance accounts and can also qu ...
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  • The Great Indian Corporate Confusion ..'ifrs In India'
    By: Rhapsody Services | - Chronologically put, the developments can be broadly summarised as follows:
    Institute of Chartered Accountants of India (ICAI) released concept paper on convergence in October 2007 laying down a road map for achieving convergence with IFRSs, with a view to make India IFRS-compliant.
    Ministry of Corporate Affairs (MCA) nominates President (ICAI) as member of IFRS Core Group under the Chairmanship of Secretary (MCA) in the last quarter ended September 2009.
    ICAI had ...

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  • Ifrs Vs Gaap: Essential Knowledge & Understanding
    By: ComplianceOnline | - Why Should You Attend:

    The SEC is currently committed to US adoption of IFRS including a published implementation timeline. Therefore it is necessary for all organizations to understand IFRS requirements as well as the short and long term affect that implementation will have on the financial reporting and disclosure process.

    The discussion will include the current status of convergence and adoption. The course explores the major differences, both cosmetic and substantiv ...

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  • Ifrs And Effective Fraud Prevention Strategies
    By: ComplianceOnline | - Why Should You Attend:

    The switchover from GAAP to IFRS is causing some concern on the part of accountants. They can see where having to make so many judgment decisions opens up the potential for fraud. There can be subtle pressure to use this discretionary power to fudge the numbers a little bit.

    ComplianceOnline brings to you a full day virtual webinar session which will help you understand the IFRS basics and the risk areas and how to recognize the opportunities for ...

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  • Ifrs "€" An Accounting Friend, Foe Or Stranger
    By: Rhapsody Services | - The International Financial Reporting Standards (IFRS) journey worldwide in its existing avatar actually started in 2001 when International Accounting Standards Committee was reconstituted to an International Accounting Standards board (IASB). The Journey in India started about five/six years ago and culminated in the Institute of Chartered Accountants of India releasing the IFRS concept note in October 2007.
    Rhapsody started its IFRS journey in the winter of 2008 and formally commenced it ...

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  • Rhapsody Accounting And Advisory Services Private Limited "€" Ifrs Kpo
    By: Rhapsody Services | - Rhapsody Accounting and Advisory Services Private Limited (RAAS or Rhapsody) was formed primarily to cater to first the Indian and eventually to the International audience seeking International Financial reporting Standard (IFRS) related end to end solutions/services.
    The Company was formed in the summer of 2009, though some would say pre-maturely, since the only document in India on the IFRS was a concept paper released by the Institute of Chartered Accountants of India (ICAI) in October ...

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  • Business Combinations "€" Ifrs 3
    By: Sundar Rawat | - IFRS 3 applies to most business combinations including amalgamations (where acquire loses control) and acquisitions (where acquire continues its existence).
    In Indian GAAP, there is no comprehensive standard dealing with all Business Combinations. AS 14 applies to amalgamations only. AS 21, AS 23, AS 27 apply to accounting for Subsidiaries, Investment in Associates, and Joint Ventures respectively
    Recognition of Assets and Liabilities
    An acquirer should recognize identifiable a ...

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  • How To Reduce Eo Residuals In Medical Devices
    By: ComplianceOnline | - Why Should You Attend:

    The revision to ISO 10993-7:2008 Biological Evaluation of Medical DevicesPart 7: Ethylene Oxide Sterilization Residuals, significantly reduced the amount of residual EO or its by-products allowed to be left on Medical devices. The transition period defined to reach compliance with the new EO residual limits ends on October 2011. The new EO residual limits impose a tremendous challenge as its requires a significant investment of time, effort and capital ...

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  • Ifrs Financial Instruments
    By: ComplianceOnline | - When International Financial Reporting Standards (IFRS) come into effect January 1, 2015, public companies will have to change how they account for investments on their financial statements. Companies will be expected to assign a fair value to financial instruments, but with so many choices for assigning a value, just exactly how do you do it?

    This hands-on workshop will provide you with some easy-to-follow guidelines that will help you in complying with these new demands.


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  • Webinar On Ifrs Fixed Assets
    By: ComplianceOnline | - When International Financial Reporting Standards (IFRS) come into effect January 1, 2015, public companies will have to change how they account for long-lived tangible assets on their financial statements.

    Companies and accountants will be expected to first record the acquisition of long-lived assets, assess the value at which they are presented on future financial statements, and work out the allocation of the cost of these assets over future reporting periods. In addition, IFRS al ...

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  • Ifrs And Indian Business Environment
    By: Sundar Rawat | - Indian corporates are likely to reap significant benefits from adopting IFRS.

    * Improvement in comparability of financial information and financial performance with global peers and industry

    standards. This will result in more transparent financial reporting of a company's activities which will benefit

    investors, customers and other key stakeholders in India and overseas;
    * The adoption of IFRS is expected to result in better quality of fina ...

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  • Accounting And Finance Is At Your Doorstep
    By: Sundar Rawat | - At the end of the day, a large group of the aspirants left with no hope, concerning what next, where to go, with worrying parents beside them with words of affection and surety of support , till they succeed.

    Why do we look at options only in the national set up, which are limited.

    Why not think beyond national borders and think internationally, with maintaining physical presence in the home country, and riding on qualifications which are available nationally but are in ...

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  • Ifrs Introductory Session
    By: Ashlleyjarmari | - Today, there is an introductory session at PIRON Study Centre (Noida Branch). From the next week, we all would be reading course. In Introductory session, discussion introduces International Financial Report Standards (IFRS) and addresses IFRS 1, which discusses the first-time adoption of IFRS.

    AN OVERVIEW

    The Certificate in International Financial Reporting (CertIFR) is an ideal qualification to help you develop an understanding of IFRS or gain formal recognition for y ...

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  • Accounting And Finance Is At Your Doorstep
    By: Ashlleyjarmari | - The last few months saw students all over the country reaching the place from where they wish to enter a new phase in their career life .i.e. College

    Long queues scrutinizing the selection list, nerve breaking moments for some who could not get the desired option, discussions over courses looking for viable options, settling down for courses which were in reach than were of interest, students in the waiting list with some ray of hope.

    At the end of the day, a large grou ...

    Tags: , , , , , , , , , ACCA Course, Financial Reporting, India, US, Middle East, Africa, South East Asia

  • Indian And International Position In Ifrs
    By: Ashlleyjarmari | - International Financial Reporting Standards (IFRS) is a set of accounting standards, developed by the International Accounting Standards Board (IASB), which

    is becoming the global reporting standard for the preparation of public company financial statements.

    The Indian Government has already started working on possible amendments in the Indian equivalent to IFRS, changes in SEBI and company laws for introducing

    IFRS in India. It may be noted that startin ...

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  • International Financial Reporting Standards - Ifrs - By Us Companies
    By: CPA Neetika Maheshwari | - Adoption of International Financial Reporting Standards(IFRS) by US Companies will change the role of finance professionals. On November 14, 2008, the SEC released its proposed roadmap for the adoption of IFRS in the US thus affirming SEC focus on moving towards global accounting standards. In the Roadmap, the SEC did not set a definitive adoption date, but rather set forth several milestones that, if achieved, could lead to the required use of IFRS by US issuers beginning in 2014. Early adoptio ...
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  • Ifrs Training For Corporate And Institutions In India
    By: myndsol | - The market has opened his arms with huge demand for Indian professionals for International Financial Reporting Standards (IFRS) related work. Around 1800 Indian companies are waiting to get their accounts done with principles of IFRS issued by International Accounting Standard Board (IASB). And more will surely follow afterwards.

    Global accounting firms like Ernst and Young, KPMG, Deloitte and PricewaterhouseCoopers are helping Indian companies to migrate to IFRS system and training ...

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  • Ifrs Training
    By: myndsol | - As the instructions issued by International Accounting Standard Board (IASB) the International Financial Reporting Standards, IFRS changes will be made by the beginning of fiscal year 2011.Earlier the companies were following the accounting principles of GAAP. Now the companies of the world will soon unite to the new accounting principles of IFRS.

    The biggest accounting firms Ernst and Young, KPMG, Deloitte and PricewaterhouseCoopers are training Indian companies to outsource IFRS ...

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  • Ifrs And The Cpa Exam
    By: Eric Anderson. | - Think of International Financial Reporting Standards (IFRS) as the set of standards for international accounting practices which were codified and adopted by the International Accounting Standards Board (IASB).

    Actually, there is a set of standards which predates IFRS. From 1973-2001, the International Accounting Standards Committee (IASC) issued a series of International Accounting Standards (IAS) by which accounting was conducted.

    On April 1, 2001, the International Accou ...

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  • In What Way To Become A Cpa
    By: abhi kumar | - Candidates seeking to have a CPAs must fulfill certain specific requirements, foremost of which is passing a sequences of tests governed by the American Institute of Certified Public Accountants (AICPA). This examination is known as "The Uniform CPA Examination." This certification course measures professional competence of the candidate and helps to form the CPA certificate or license as signal of professional qualification. To keep their license, CPAs essential take 120 hours of continuing edu ...
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  • Ifrs - Us Merging Of Accounting Principles (part I)
    By: abhi kumar | - We are rapidly heading towards a world where there are two main financial reporting systems US GAAP accounting, used by the largest part of the global capital market, and International Financial Reporting Standards (IFRS), the system now being used as the benchmark in many other countries all of Europe, China, Australia, Malaysia, Asia (India by 2011) and Egypt to name a few.

    There has been controversy in certain quarters about whether the time and effort being put into conv ...

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  • Focus Areas Of Cpa - Cpa (certified Public Accountant) Training Courses In India
    By: abhi kumar | - The CPA Program has five Focus Areas:
    Accounting Standards & US GAAP: The CPA Program covers the modern accounting practices with reference to Accounting Standards and US GAAP. The candidates gain in-depth knowledge of Accounting Standards which are indispensable in this globalized and liberalized economy. Many corporates in India and abroad are adopting US GAAP voluntarily to bring their financial reporting practices to the global standards.

    Information Technology and E-Busi ...

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  • What Is A Cpa (certified Public Accountant)? - Certification In Delhi
    By: abhi kumar | - Certified Public Accountants handle a variety of jobs and tasks. They offer basic income tax preparation and advice for a range of clients including individuals, small businesses and corporations. CPAs can also be found performing basic business record keeping, auditing and consulting work. To maintain their license,every three years CPAs must take 120 hours of continuing education courses in order to stay abreast of changes in their profession.

    The Federal Bureau of Investigation ( ...

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  • Management Consultation To Further Business Growth
    By: Badeth Abonita | - No company is constantly at the peak and the possibility of failing is always in the offing regardless of how stable it seems at present. Most companies that were well-established years ago even suffer the greatest fall. In 2002, global giants included in the FORTUNE 500 declared bankruptcy such as Enron, WorldCom, Global Crossing, Kmart, Polaroid, Arthur Andersen, Xerox, and Qwest. So far, several companies have plummeted simultaneously such as Cisco, Chrysler, Hewlett-Packard, ATT&T and Arthur ...
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