According to paragraph 7 IAS 1, Presentation of Financial Statements,
The objective of general purpose financial statements is to provide information about the financial position, financial performance and cash flows of an entity that is useful to a wide range of users in making economic decisions.
Yeah, that’s right, it should be useful to a “wide range of users in making economic decisions”, and not to “an auditor in forming an audit opinion”.
You don’t make the financial statements a working paper to document your understanding of the business. Sometimes it pays when you just stick to practicality.
What is the probability that I can sell my Canon EOS 30D for just even near that US$ 800,000 mark? Read the news here (Update: Sorry no more news in Yahoo! News).
Nah, maybe I should wait for 168 years first before selling…
The camera, which was found in an attic in Germany by a professor, is made of soft wood and weighs between 11 and 13 pounds, WestLicht director Peter Coeln told Austrian radio. He said it was likely to have been built before August 1839.
Vietnam veteran John Rambo (Sylvester Stallone) has survived many harrowing ordeals in his lifetime and has since withdrawn into a simple and secluded existence in Bangkok, where he spends his time salvaging old PT boats and tanks for scrap metal. Even though he is looking to avoid trouble, trouble has a way of finding him. A group of Christian human rights missionaries, led by Michael Burnett and Sarah Miller, approach Rambo with the desire to rent his boat to travel up the river to Burma. Continue reading.
Attah-K: I also need to know the differences between the IFRS and IAS, for an assignment.
Terrence: I would like to join plz invite me asap my psn id is :lilkilla445 and my preferred team is the dallas mavericks
Oliver: Here is the Luminotes Community Google Group: http://groups.google.com/group /luminotes-community
Oliver: “I have a backup copy” Oh thank-you thank-you thank-you thank-you thank-you thank-you thank-you … Luminotes is pretty unique. Another user and I are thinking about putting...
