Wiley IFRS by Mirza Abbas A. & Holt Graham & Knorr Liesel
Author:Mirza, Abbas A. & Holt, Graham & Knorr, Liesel
Language: eng
Format: epub
Publisher: Wiley
Published: 2011-03-14T16:00:00+00:00
DERECOGNITION
The term “derecognition” refers to when an entity should remove an asset or liability from its statement of financial position. The derecognition requirements in IAS 39 set out the conditions that must be met in order to derecognize a financial asset or financial liability and the computation of any gain or loss on derecognition. There are separate derecognition requirements for financial assets and financial liabilities.
Derecognition of Financial Assets
Under IAS 39, derecognition of a financial asset is appropriate if either one of these two criteria is met:1. The contractual rights to the cash flows of the financial asset have expired.
2. The financial asset has been transferred (e.g., sold) and the transfer qualifies for derecognition based on an evaluation of the extent of transfer of the risks and rewards of ownership of the financial asset.
Download
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.
1,001 ASVAB Practice Questions For Dummies by Powers Rod(4023)
ASVAB For Dummies by Powers Rod(2450)
Police Exams Prep 2018-2019 by Kaplan Test Prep(2018)
Churchill by Paul Johnson(2000)
Wiley CPA Examination Review Focus Notes by Kevin Stevens(1603)
Wonder by R J Palacio(1586)
First Aid Handbook--Crucial Survival Skills, Emergency Procedures & Lifesaving Medical Information by Department of the Army(1498)
1936941139 (N) by Bob Rosenthal(1493)
A Very Stable Genius by Philip Rucker & Carol Leonnig(1328)
ASVAB AFQT For Dummies by Rod Powers(1309)
1,001 ASVAB AFQT Practice Questions For Dummies by Angie Papple Johnston(1168)
U.S. Army Combat Pistol Training Handbook by Army(1134)
CISSP For Dummies by Miller Gregory Peter(1122)
The GED Crash Course by Alpha(1100)
Court Officer Exam by Learning Express LLC(1056)
McGraw-Hill Education 2,000 Review Questions for the CPA Exam by Denise M. Stefano(1050)
Master the Civil Service Exams by Peterson's(1045)
Master the ASVAB by Scott Ostrow(1041)
Future Design by Unknown(1002)