The article compares the requirements for provisions, contingent liabilities and contingent assets under MPSAS 19, MFRS 137 and Section 21 of MPERS.
Understand the differences on how preparers account for agriculture activity between MPSAS 27, MFRS 141 and Section 34 of MPERS.
The article provides a comparison on the financial reporting requirements for investment property under MPSAS 16, MFRS 140 and Section 16 of MPERS.
The article provides a comparison on the accounting treatment for property, plant and equipment under MPSAS 17, MFRS 116 and Section 17 of MPERS.
A comparison of the financial reporting requirements in MPSAS, MFRS and MPERS relating to the presentation of financial statements.
The article discusses the significant differences on the accounting requirements for employee benefits under MPSAS 25, MFRS 119 and Section 28 of MPERS.
This article discusses the key focus for entities transition to MPSAS. It also touches on the information to be disclosed relating to the transition.
This article discusses and compares the accounting treatment for inventories under MPSAS 12, MFRS 102 and Section 13 of MPERS. It highlights the main differences in the accounting treatment for inventories under the three standards. This article, however, will not cover the discussion on which entity will use which standard as this discussion. Instead, the […]
The article discusses accounting requirements for service concession arrangements for grantor and how it mirrors the operator’s perspective.
The article brings to you the comparison of the accounting treatment for borrowing costs under MPSAS 5, MFRS 123 and Section 25 of MPERS.