Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
: Qualitative characteristics of useful financial information
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Yakub02, post: 303951, member: 94426"] Recognition is the process of capturing for inclusion in the statement of financial position or the statement(s) of financial performance an item that meets the Recognition criteria Only items that: meet the definition of an asset, a liability or equity are recognised in the statement of financial position; or meet the definition of income or expenses are recognised in the statement(s) of financial performance. Under the previous framework, an asset or liability would be recognised when: it meets the definition of an element: and satisfies the following two criteria: it must be probable that the future economic benefit associated with the item will flow either into or out of the entity; The item should have a cost or value that can be measured reliably; [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
: Qualitative characteristics of useful financial information
Top