What is reporting currency, Financial Accounting

Assignment Help:

1. What accounting firm performed the audit of Zetar's financial statement?

2. What is the address of the company's corporate headquarters?

3. What is the company's reporting currency?

4. What two segments does the company operate in, and what were the sales for each segment in the year ending April 30, 2011?

5. Identify five differences in the format of the statement of financial position used by Zetar Plc company to a company, such as Tootsie Roll, that follows US GAAP. Tootsie Roll's Financial Statements are posted on Vspace as an attachment to this assignment.

6. Describe in which statement each of the following items is reported, and the position in the statement (e.g., current assets) it is reported in.

  • Share capital
  • Goodwill
  • Borrowings and overdrafts
  • Amortization of intangibles
  • Derivative financial instruments

7. From your review of note 3.7, how does the company determine the amount of revenue to record at the time of a sale?

 


Related Discussions:- What is reporting currency

Just-in-time manufacturing system, Which of the following statements is FAL...

Which of the following statements is FALSE of Just-In-Time (JIT) manufacturing systems? Answer Demand pull means a closer relationship with the customer. The power of supp

Partnership, in the absence of no agreement in partnership discuss and expl...

in the absence of no agreement in partnership discuss and explain the provision of partnership act

determine the present value of the bonds cash flows, 1.) The Garcia Compan...

1.) The Garcia Company's bonds have a face value of $1000, will mature in ten years, and carry a coupon rate of 16 percent. Assume interest rates are made semi-annually. A.) Det

Tracing trust property-breach of law-trusts laws , Tracing trust property ...

Tracing trust property   Apart from suing the trustee, in the event of a breach of trust, the beneficiary may follow the trust property and recover it from third parties, or the p

Explain the mechanism, Explain the mechanism that states use to prevent the...

Explain the mechanism that states use to prevent the double taxation of the income of a corporation doing business in two or more states.

Construct the market value balance sheet, Construct the Market Value Balanc...

Construct the Market Value Balance Sheet XYZ, Inc., another company founded by Larry Davidson in 2005, is currently entirely equity financed. That means the company carries no

Dangers of over-reliance on trade credit, Dangers of over-reliance on trade...

Dangers of over-reliance on trade credit In effect for the reason that trade credit represents temporary borrowing from suppliers until invoices are paid it becomes an importan

Application of discharge-discharge of bankrupt, Application of discharge ...

Application of discharge Application may be made at any time after adjudication, but cannot be heard until the conclusion of the public examination. Notice of the hearing must

Vat, 1.discuss how the vat system works 2.list and explain the vat supply c...

1.discuss how the vat system works 2.list and explain the vat supply categories, provide examples in each category write as an essay of 500 words

Need help completing self assessment return, I am an AAT student studying l...

I am an AAT student studying lvl 3 AAT at college. I wish to learn how to complete self assessment end of year tax return forms for other people. That is because I have already bee

Write Your Message!

Captcha
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