Discuss appropriateness of simply adding classes of assets

Assignment Help Accounting Basics
Reference no: EM133228058

Question

Having a look to the statement of financial position, there is a total given for all of the company's assets (as pre-requirement of AASB 101). This aggregated total is derived by adding various classes of current and non-current assets. Discuss the appropriateness ofsimply adding all classes of assets, even though they have been measured on a number of different valuation bases?

Reference no: EM133228058

Questions Cloud

Define the clinical microsystem based on your understanding : Define the Clinical Microsystem based on your understanding of the article and use an additional article to support your ideas?
Dentify possible check fraud schemes that might be committed : Each department has its own cash register, and two salespersons are assigned to each register. To prevent any confusion, each salesperson must enter his or her
What are the most common knee injuries that occur : What are the most common knee injuries that occur? Why? What effect do you think obesity or other chronic diseases, like type 2 diabetes has on knee injuries?
Discuss the relationships among stigma : Compare the manifestations of HIV/AIDS stigma in resource-rich and resource-limited countries and regions and discuss the relationships among stigma
Discuss appropriateness of simply adding classes of assets : Discuss the appropriateness ofsimply adding all classes of assets, even though they have been measured on a number of different valuation bases?
What esg factors are in the context of a business : Discuss what ESG factors are in the context of a business. Explain why (if indeed they are) they are important considerations in the running of a business.
Describe the roles of your local and state health department : Describe the roles of your local and state health departments in the accomplishment of healthcare promotion and goals. How do their goals of health promotion
Exploratory analysis and classification : You are required to engage in exploratory analysis and classification in relation to the dataset Diabetes (CSV 24 KB)
Concept of net neutrality : Discusses the concept of net neutrality as simply that the Internet is free and open to everyone.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd