Explore the different measurements that ifrs adopts

Assignment Help Other Subject
Reference no: EM131226945 , Length: word count:3000

Final Assignment Question:

"The measurement of liabilities has been a persistent and troubling problem for the IASB. The framework says very little about measurement and yet there are numerous accounting standards that try to tackle this issue.

This has led to many attempts to revise IAS37/MFRS137 (Non-financial liabilities) with no success."

You are required to comment on the following:

1. Explore the different measurements that IFRS adopts with relevance to ‘measurement of liabilities'.

2. Critically evaluate why these problems in measurement continue to exist and recommend solutions that may be available to the IASB in this area.

Hint: Using IAS37 and IAS37ED as examples.

(Max Length: 3,000 words, excluding appendices and references)

Expectations

This assignment expects you to seek out, extract and analyze relevant information sources from various sources. You will be expected to write and present a well-structured, cohesive and clear report using appropriate writing style and language.

Presentation of Assignment
- The report format is formal. You should prepare a clear, well-structured report complying with the assignment requirements with proper English writing style and language.

- The pages of the report should be numbered sequentially (e.g., 1, 2, 3 or page 1 of 12, page 2 of 12, page 3 of 12, etc.).

- The assignment must be prepared in 1.5 line spacing on single-sided pages with 3cm left and right margins, respectively, and 2.5cm top and bottom margins, respectively. The font type is Times New Roman and font size is 11.

- A list of references should be attached to the end of the report.

- A word count must be indicated at the end of the report. Penalties will be imposed on individual assignments exceeding 3,000 words (10% deduction per 100 words over the word limit).

- The report should be stapled in the top left hand corner or held together with a plastic binder.

- A completed Modular Programme Assignment Cover Sheet with the names and signatures of group members should be attached securely to the front of the report before submission.

Length of the Assignment

The report should not exceed 3,000 words (excluding appendices and references).

Reference no: EM131226945

Questions Cloud

Plot the loop gain as a function of frequency : Consider the circuit shown in given Figure(a). - Using a computer simulation, plot the loop gain as a function of frequency.
What is the type of the corresponding output v : Consider the circuits of Fig. 1.22 (on page 31 of the Text). In a particular system application, a new out-put V, = - V, is created in each case. What is the type of the corresponding output V for circuit a)? circuit b)?
Cfa institute standards of professional conduct : Evaluate Sokol's conduct and determine which, if any, of the CFA Institute Standards of Professional Conduct are applicable. For each applicable Standard, determine whether conduct complied with or violated the Standard. What should Mikkel Orut do..
What does the 3 db frequency become : For a modified 2-stage cascade in which one of the resistors is decreased to kR (k51), find a process to calculate what the frequency becomes. For what value of k does f y dB of the modified 2-stage 0.95 cascade have a value 2aR ?
Explore the different measurements that ifrs adopts : Explore the different measurements that IFRS adopts with relevance to ‘measurement of liabilities - Critically evaluate why these problems in measurement continue to exist and recommend solutions that may be available to the IASB in this area.
How marketing strategy fits within the larger framework : Discuss how marketing strategy fits within the larger framework of business strategy. Provide an example of a company that successfully integrates its marketing strategy into their overall business strategy.
What are the legal and ethical issues in this case : Are the employment practices of A&F discriminatory? Are they unfair? What ethical principles or precepts guide your analysis? Since Abercrombie did not admit guilt, does the settlement bring closure to this issue of "looks" discrimination?
Investigate small signal voltage gain and output resistance : Investigate the small-signal voltage gain, input resistance, and output resistance as a function of the transistor width-to-length ratio, using a computer simulation.
What value of vi should the switch be made to operate : If VEE = 5V, what is the average static power dissipation in the circuit? Provided operation is otherwise OK, does switch resistance affect the total power dissipation of the gate?

Reviews

Write a Review

Other Subject Questions & Answers

  What is your current or future career path

What is your current or future career path and how might statistics play a role in that career? Your response should contain details and examples.

  Contribute to helping solving health care reform

Identify what special insights an appliedanthropologist might contribute to helping solving"Health Care Reform" and explain.

  Constraints and challenge in delivering health care in ghana

Watch the video, Dying patients in Search of Basic Healthcare in Ghana (https://www.youtube.com/watch?v=GOk9kWTVU6c) that reveals the constraints and challenges in delivering health care in Ghana

  How does fit into your beliefs about your leadership style

Analyze your personal leadership attributes you feel you have that will help you in your graduate nursing role. Also discuss those attributes that you feel you may need to develop in your graduate nursing role.

  Explain stepwise approach to asthma treatment and management

Explain the stepwise approach to asthma treatment and management. Explain how stepwise management assists health care providers and patients in gaining and maintaining control of the disease.

  Global warming-cause and mitigation

Among the most controversial topics in physical science, global warming has received a great deal of attention during the past decade. Given its great impact on both humans and the environment, lawmakers and scientists must heavily weigh the infor..

  Supply shifters

Which of the following is NOT a supply shifters?

  Explain how genetics and environment affect mood disorders

Explain how genetics and environment affect mood disorders. Discuss how a therapist would treat a patient with a mood disorder depending on their perspective of genetic or environmental influence.

  Factor experiment involving light and temperature

The graph at the right plots the means from a two factor experiment involving light (at dim and bright levels) and temperature (at hot and cold levels). They experimenters aimed to demonstrate effects of temperature and light level on monkey performa..

  Moral system to operate and establish order and security

Write an essay to reflect and analyze the five attributes that must be present for any moral system to operate and establish order and security. Out of these five attributes, which one have you experienced the most? Share your experiences in your ess..

  Identify six modernism characteristics

Faulkner's narrative is certainly indicative of the modernism movement. Identify six modernism characteristics (see modernism lecture) and explain how each is apparent in the novel. Be sure to clearly identify, explain, and support each of the six..

  Privacy rights are triggered under the fourth amendment

The United States Constitution, Fourth Amendment provides "[t]he right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated... " Privacy rights are triggered under..

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