Free

The Property Plant Category of the Balance Sheet - Essay Example

Add to wishlist

Summary

The paper "The Property Plant Category of the Balance Sheet" describes that any entity that selects the cost model for measurement of its investment property must disclose the property’s fair value. This is not a requirement under the Property Plant and Equipment…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER92.6% of users find it useful

Subject: Finance & Accounting
Type: Essay
Level: Masters
Pages: 4 (1000 words)
Downloads: 2
Author: jchamplin

Extract of sample "The Property Plant Category of the Balance Sheet"

CHECK THESE SAMPLES OF The Property Plant Category of the Balance Sheet

Introduction to the Corporate Annual Report:A Business Application, Canadian Edition

By reviewing the current asset section of the balance sheet of the company, it can be observed that the order of individual items start with cash and end at derivative assets.... Introduction to the Corporate Annual Report: A Business Application, Canadian Edition (Template) Chapter 3 – Financial Statements balance sheet Chapter 3: balance sheet—Question 1 Identify the date shown at the top of your selected company's balance sheet....

11 Pages (2750 words) Assignment

Government and Nonprofits Accounting by Ives et Al

The paper "Government and Nonprofit's Accounting by Ives et Al" outlines that government accounting is a field of accounting catering to the public sector.... This avant-garde field exists as the objectives and usage of the accounting reports in this sector differ from that of the private sector....

13 Pages (3250 words) Book Report/Review

Financial Reporting Problem

Still, in terms of liquidity, it is notable to state that the most liquid assets have been recognized and placed in the same category in the uppermost part of the balance sheet.... In this perspective, it is important to note that assets on the balance sheet are profiled from the least liquid to the most liquid.... These are the first values that should be reported on the balance sheet, followed by any other short-term assets like the accumulated depreciation and the gross property as outlined in the balance sheet....

4 Pages (1000 words) Essay

Burberry clothing company UK

alance sheetsGroup balance SheetAttributable to owners of the CompanyNoteOrdinary share capital £mShare premium account £mOther reserves £mRetained earnings £mTotal £mNoncontrolling interest £mTotal equity £mBalance as at 31 March 2011 0.... )balance as at 31 March 2012 0.... )balance as at 31 March 2013 0.... he value calculated is performed in the basis of the key forecast assumptions should include the sales of other products in relation to the other product category that operated in activities that tax charged Burberry Clothing Company UK Using the copy of Burberry Companys Annual Report and Financial ments (this will be for years 2012-2013), find the Statement of Shareholders Equity and paste it as an image into your report....

2 Pages (500 words) Coursework

British Airways Financial Statement

The examination will focus executive pay packages in regards to shares of the company; certification of BA's audit committee and that of the Independent Auditor certification of the statement, how the corporation reports international revenue from its overseas operations, depreciation of property, plant, and equipment....

12 Pages (3000 words) Essay

Auditing to James Cropper Plc

The inventory balance is a material item on the statement of financial position, which has a direct impact on profit.... This balance should indicate how costs are apportioned to the different elements of inventory.... Auditors ought to carry out a recalculation of the inventory balance so as to confirm the assertion of valuation and allocation.... High inventory movements create the risk of misstatements of this account balance....

6 Pages (1500 words) Case Study

Income Statements for Arabtec Holding

Although this paper was aimed at explaining whether the increases or decrease in assets, equity, liabilities, revenues, and expenses accounts from the balance sheet and income statements of Arabtec, it was inevitable to go to the deeper implication of the accounts which led to the discussion of profitability, liquidity, and solvency as the better basis of determining how to improve the situation of the company.... Increasing profitability should consider the proper balance of its liquidity and solvency that its managers must manage as well properly with professionalism to avoid unnecessary risks that may eventually affect its profitability....

19 Pages (4750 words) Case Study

David Jones Limited Accounting Systems

ash flow from investing activities- the company includes payment for property plant and equipment, payment for software, and net proceeds from the sale of property in this category.... Cash flow from operating activities- the company includes receipts from customers, payment to suppliers and employees, the commission received, interest received, borrowing costs paid, and income tax paid in this category.... Cash flow from operating activities- the company includes receipts from customers, payment to suppliers and employees, the commission received, interest received, borrowing costs paid, and income tax paid in this category....

6 Pages (1500 words) Assignment