Started on Sunday, 16 August 2015, 5:00 PM
Completed on Sunday, 16 August 2015, 5:36 PM
Time taken 36 mins 45 secs
Characteristics of an asset: a resource controlled by the entity, future economic
benefits and past events.
Characteristics of a liability: present obligation to make an outflow of resources,
future outflows of economic benefits an
Financial Instruments: Week 3 Lectures notes
There are four separate standards on it:
AASB 9 Financial Instruments 204 pages
Keeping things off balance sheets- Greece
GFC American Insurance Company, American Govent. 700 billion$ IAG to put that
Company Accounting - Lectures Notes C.A Week 4
Algorithms are Intangible assets
Figure 11.4 and Material in section 11.1.4
Book Value: it is off balance sheet
Market price is driven by sentiment
The reason why the Book Ratio be very High Market Sentiment,
Saturday, 10 October 2015, 8:49 PM
Saturday, 10 October 2015, 9:26 PM
37 mins 25 secs
For CBM, the grade above is shown relative to the maximum for all correct at C=1.
Results for the
life of the
Fair Value Lecture Notes
Asset that is not yet sold, Fair value is not what you think is would cost but it is what the buy
it think that asset cost.
Identify the assumptions of the buyers if they are going to buy this asst of yours.
Lecture Notes: Week 5 Leases Chapter 10 -AASB 117
Minimum Payment Lease
MLP- Minimum Lease Payment
PV Present Value
FV Fair Value
IDC Initial Direct Costs
Accounting by the lessee finance leases
You depreciate the life of lease of you are tending to hand
Lecture notes Consolidation week 10
EXAMS: Introduction 25% towards the final.
Assets: Is something you can control
Basic aim: only record transactions that involves 3rd parties (outsiders)
Early attempts to avoid consolidation accounting