• Support Us
  • News
  • Accounting
    • Financial Accounting
    • Sustainability Reporting
  • Tax
  • Finance
    • Islamic Finance
  • Audit
  • Technology
  • Opinion
  • Series
    • Accounting 101
    • Factsheet
    • Public Sector Accounting
  • LinkedIn
  • Facebook
  • Twitter
  • Instagram
  • Telegram<
  • YouTube
  • Flipboard
  • Google News
  • Accounting
  • Tax
  • Finance
  • Audit
  • Technology
  • News
  • Opinion
  • International
  • Malaysia
  • Accounting
  • Tax
  • Finance
  • Audit
  • Technology
  • News
  • Opinion
  • International
  • Malaysia
  • Support Us
  • News
  • Accounting
    • Financial Accounting
    • Sustainability Reporting
  • Tax
  • Finance
    • Islamic Finance
  • Audit
  • Technology
  • Opinion
  • Series
    • Accounting 101
    • Factsheet
    • Public Sector Accounting
  • LinkedIn
  • Facebook
  • Twitter
  • Instagram
  • Telegram<
  • YouTube
  • Flipboard
  • Google News
  • Accounting
  • Tax
  • Finance
  • Audit
  • Technology
  • News
  • Opinion
  • International
  • Malaysia
Skip to content
TheAccSense

TheAccSense

Support Us
TheAccSense » Accounting

Join the Newsletter to Keep Reading

This is not a paywall and joining is free. Already Subscribed? Confirm your email address to not see this again.

By subscribing, you agree to receive emails from TheAccSense and to the Privacy Policy and Terms of Service.

Processing…
Success! You're on the list.
Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again.

Accounting

Latest News, Opinion and Technical Articles for Accounting.

Fair value reflects the price that would be received to sell an asset or paid to transfer a liability.
Posted inFinancial Accounting

Factsheet Series: IFRS 13 Fair Value Measurement

TheAccSense Logoby TheAccSense TeamJuly 12, 2021August 7, 2021

Understand the principles in fair value measurement of assets and liabilities in this article. It also provides readers with the summary of the required disclosures relating to fair value of assets and liabilities.

Assets classified as held for sale requires a different measurement principle and a discontinued operation requires a different presentation and disclosure.
Posted inFinancial Accounting

Factsheet Series: Assets Held for Sale and Discontinued Operations

TheAccSense Logoby TheAccSense TeamJuly 11, 2021August 7, 2021

Understand what will happen when assets are classified as held for sale or when there is a discontinued operation in this article.

Understand how entities prepare their cash flow statement under IAS 7.
Posted inFinancial Accounting

Factsheet Series: Preparation of Cash Flows Statement in IAS 7

TheAccSense Logoby TheAccSense TeamJuly 8, 2021August 7, 2021

Cash is the heart of any businesses. Understanding your cash flows position is a crucial to your business strategy and action. Learn the preparation of cash flows statement in this article.

Assets within the scope of IAS 36 need to be assessed for impairment either annually or when there is an indication.
Posted inFinancial Accounting

Factsheet Series: What is impairment of asset in IAS 36?

TheAccSense Logoby TheAccSense TeamJuly 7, 2021August 9, 2021

Understand what, when and how an entity should assess for impairment loss for its assets in this article.

Entities need to understand how they satisfy their performance obligations to customers in order for revenue to be recognised
Posted inFinancial Accounting

Factsheet Series: Revenue Recognition in IFRS 15 (Part 2)

TheAccSense Logoby TheAccSense TeamJuly 1, 2021August 8, 2021

Understand the remaining 3 steps of revenue recognition in IFRS 15. It includes how should an entity assess its progress towards satisfaction of performance obligations to customer to justify for its revenue recognition.

IFRS 15 introduces the 5-step process for revenue recognition
Posted inFinancial Accounting

Factsheet Series: Revenue Recognition in IFRS 15 (Part 1)

TheAccSense Logoby TheAccSense TeamJune 28, 2021August 8, 2021

Find out how IFRS 15 helps entities to apply a consistent revenue recognition principles across industries.

IAS 21 explains how entities should account and report the effects of changes in Foreign Exchange Rates in their financial statements
Posted inFinancial Accounting

Factsheet Series: Key principles in reporting the effects of changes in Foreign Exchange Rates

TheAccSense Logoby TheAccSense TeamJune 27, 2021August 8, 2021

Find out how entities should account and report the effects of changes in Foreign Exchange Rates in their financial statements under IAS 21, including how to determine entities’ functional currency.

Accounting for business combinations
Posted inFinancial Accounting

Factsheet Series: Accounting for business combinations in IFRS 3 (Part 2)

TheAccSense Logoby TheAccSense TeamJune 23, 2021August 9, 2021

Explore the key requirements on how to account for business combinations in this article. It helps preparers to focus on the important considerations as required in IFRS 3.

IFRS 3 business combinations
Posted inFinancial Accounting

Factsheet Series: Accounting for Business Combinations in IFRS 3 (Part 1)

TheAccSense Logoby TheAccSense TeamJune 22, 2021August 8, 2021

The article summarises the accounting for business combinations in IFRS 3. This Part 1 explains the concept and how we determine a business combination.

Accounting for joint arrangements
Posted inFinancial Accounting

Factsheet Series: Accounting for Joint Arrangements in IFRS 11

TheAccSense Logoby TheAccSense TeamJune 20, 2021August 8, 2021

A quick summary on how an entity should account for its interest in joint arrangements, including those that it has joint control or not under IFRS 11.

Posts navigation

Newer posts 1 2 3 4 5 … 9 Older posts

Latest Articles

  • The Establishment of the International Sustainability Standards Board (“ISSB”)
  • Liabilities with Covenants: Proposed amendments to IAS 1
  • Ijarah Contract: An Overview of Islamic Lease
  • IFRIC Tentative Agenda Decision: Demand Deposits with Restriction of Use
  • IFRIC Tentative Agenda Decision: Cash Received via Electronic Transfer as Settlement for a Financial Asset
TheAccSense
  • LinkedIn
  • Facebook
  • Twitter
  • Instagram
  • Telegram<
  • YouTube
  • Flipboard
  • Google News

About

  • About Us
  • Contact
  • Advertise with us
  • Editorial Code

Terms & Conditions

  • Disclaimer
  • Privacy Policy
  • Comment Policy
  • Cookie Policy
  • RSS Feed Policy

Help

Support

  • Support Us
  • Contribute
© 2022 TheAccSense. All rights reserved. Privacy Policy