What is the advantages of IFRS 8, Financial Management

Assignment Help:

What is the advantages of IFRS 8

Advantages

Allows users to view internal management's approach and highlights what's important from management's point of view.
Segments are less subjective if based on internal management structure.
Cost effective as information is produced for management accounts.
It's a consistent method as segments are reported in the same manner as the management discusses them in other parts of financial reporting.

Related Discussions:- What is the advantages of IFRS 8

Explain the significant feature of the wealth maximisation, Explain the sig...

Explain the significant feature of the wealth maximisation The significant feature of the wealth maximisation criterion is that it considers is that it considers both the quali

Financial Modelling of a company, I want help regarding my FM assignment.

I want help regarding my FM assignment.

Computation of value of the firm, Q. Computation of Value of the Firm? ...

Q. Computation of Value of the Firm? Illustration:- EBIT = 50,000 10% Debentures

Modern approach, Meaning merits nd demerits of modern approch of financial ...

Meaning merits nd demerits of modern approch of financial management

Deficit financing, It is the most useful method of promoting economic devel...

It is the most useful method of promoting economic development. It may be used for the development of economic and social overheads such as construction of roads, railways, power p

Deriving 6-month forward rates, Using details from table 8, let us co...

Using details from table 8, let us compute the 6-month forward rate. Simple arbitrage principle, like the one used to compute the spot rates are used in this proc

Estimate the companys wacc, Assemble all other inputs/assumptions based on ...

Assemble all other inputs/assumptions based on the past data. Use your best judgment to have the most reasonable estimates. Tasks 1. Prepare an Excel spreadsheet containi

Explain the time value of money, What is the time value of money? The m...

What is the time value of money? The meaning of time value of money is that money you hold in your hand today is worth much more than money you suppose to receive in the future

Describe the internal control procedures, Board should encourage a strong c...

Board should encourage a strong control culture. Manager's bonus must not only be linked to company profits but also linked to internal control procedures being adhered to. There m

What is estimate of stock, Stock A has settled into a constant dividend gro...

Stock A has settled into a constant dividend growth pattern of 6 percent per year. The current dividend is $1.50, its current price is $15.90. You are an analyst and believe that

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages