Keeping the staff motivate is among the most daunting task faced by the HR professionals in an organization. One of…
Dream Destination- Singapore
Singapore – one of the finest destinations of my travel diary. An island country in the South East Asia with…
Fear of presentation
The fear of public speaking is termed as among the top most fears of the world where some of the…
IAS 37 – Provisions (only)
Provisions – recognition IAS 37 defines provision as a liability of uncertain timing or amount. So, provision is a type…
IAS 16 – Accounting of spare parts, stand-by equipment and servicing equipment
There has been no clear guidance available in IFRS (accounting standards) in relation to the accounting for Capital Spares and Stand-by equipment. I have tried to summarize the interpretations used by various accounting firms and committees. Hope you find it useful.
The Journey Begins
Thanks for joining me! There is lot more coming your way. So hold tight.
