A comparison of the financial reporting requirements in MPSAS, MFRS and MPERS relating to the presentation of financial statements.
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 brings to you the comparison of the accounting treatment for borrowing costs under MPSAS 5, MFRS 123 and Section 25 of MPERS.