Assumptions You are either: -. Preparing for a new implementation. Presently implementing. Have already implemented but could benefit from enhancements and improvements. You have an approved methodology for implementing your system and each of the steps mentioned here will fall within the phases being used in your implementation methodology.
This contain mocks paper of CAT Paper 3 (T3) . below there click the mock number you want to attempt It is highly recommended that first solve the quiz then go for the Answers CAT (T3) Mock 1 CAT (T3) Mock 2 CAT (T3) Mock 3 CAT (T3) Mock 4
This contain mocks paper of CAT Paper 2 (T2) . below there click the mock number you want to attempt It is highly recommended that first solve the quiz then go for the Answers CAT (T2) MOCK 1 CAT (T2) MOCK 2 CAT (T2) MOCK 3 CAT (T2) MOCK 4 CAT (T2) MOCK 5 CAT (T2) MOCK 6 […]
Exploration for and evaluation of mineral resources mean the search for mineral resources, including minerals, oil, natural gas and similar non-regenerative resources after the entity has obtained legal rights to explore in a specific area, as well as the determination of the technical feasibility and
This contain mocks paper of CAT Paper 1 (T1) . below there click the mock number you want to attempt It is highly recommended that first solve the quiz then go for the Answers CAT (T1) MOCK 1 CAT (T1) MOCK 2 CAT (T1) MOCK 3 CAT (T1) MOCK 4 CAT (T1) MOCK 5 CAT (T1) MOCK 6 […]
Background IFRS 5 achieves substantial convergence with the requirements of US SFAS 144 Accounting for the Impairment or Disposal of Long-Lived Assets with respect to the timing of the classification of operations as discontinued operations and the presentation of such operations. With respect to long-lived assets that are not being disposed of, the impairment recognition and measurement […]
Background IFRS 4 is the first guidance from the IASB on accounting for insurance contracts – but not the last. A Second Phase of the IASB’s Insurance Project is under way. The Board issued IFRS 4 because it saw an urgent need for improved disclosures for insurance contracts, and some improvements to recognition and measurement practices, in […]
Background IFRS 3 (2008) replaced IFRS 3 (2004). Click for IASB Press Release on IFRS 3 (2008) (PDF 60k). IFRS 3 (2008) resulted from a joint project with the US Financial Accounting Standards Board. FASB issued a similar standard in December 2007 (SFAS 141(R)) – see our News Story of 5 December 2007. The revisions […]
Objective of IAS 2 The objective of IAS 2 is to prescribe the accounting treatment for inventories. It provides guidance for determining the cost of inventories and for subsequently recognising an expense, including any write-down to net realisable value. It also provides guidance on the cost formulas that are used to assign costs to inventories. […]
IASB, IASCF, and IASC Defined IASB: International Accounting Standards Board The International Accounting Standards Board is an independent, private-sector body that develops and approves International Financial Reporting Standards. The IASB operates under the oversight of the International Financial Reporting Standards Foundation. The IASB was formed in 2001 to replace the International Accounting Standards Committee.