User Account

All Pages

What is the earliest date that revised amounts

Assignment Help Accounting Basics
Reference no: EM133004288

Question - Gino Corp. made an accounting policy change to report government grants gross rather than net, beginning on January 1, 2020. It is now preparing its December 31, 2020, financial statements and is subject to IFRS.

What is the earliest date that revised amounts are required to be included on the statements of financial position as a result of this policy change?

a) December 31, 2017/January 1, 2018

b) December 31, 2018/January 1, 2019

c) December 31, 2019/January 1, 2020

d) December 31, 2020

Reference no: EM133004288

Questions Cloud

Show the allocation of the impairment loss of the hotel cash : High Tower Sdn. Bhd., Show the allocation of the impairment loss (if any) of the hotel cash generating unit of HT for the year ended 31 March 2021.
What is the NPV of the app : You then think you can make $450,000 per year for 7 years starting two years from today. This amount will then increase by 5% per year forever. What is the NPV
Explain the accounting treatment for each of the event : Explain the accounting treatment for each of the above events in accordance with IAS 10/MFRS 110 and include in your answer a draft of the disclosure
Define for gem period to which ias events after reporting : Define for Gem the period to which IAS 10/MFRS 110 Events after the reporting period relates and distinguish between adjusting and non-adjusting event
What is the earliest date that revised amounts : What is the earliest date that revised amounts are required to be included on the statements of financial position as a result of this policy change
BTW1042 Malaysian Business Law Assignment : BTW1042 Malaysian Business Law Assignment Help and Solution, Monash University - Assessment Writing Service
What is the value of the two companies : XYZ Company is offered to purchase ABC Company with EPS of Php12 and P/E ratio of 5; What is the value of the two companies
Calculate the cost of finished product and closing wip : Calculate the cost of finished product and closing WIP in each department using the FIFO method of process costing
Determine the bank reconciliation control was working : Determine this bank reconciliation control was working effectively or not effectively? Dan Chappelle is responsible for preparing bank reconciliation.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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