Measurement Bases for Financial Accounting: Measurement on Initial Recognition

Topics:
Financial Research,
Financial Statements
Tags:
Asset Management,
Business Operations,
Finance,
Financial,
Financial Accounting,
Financial Planning,
International Accounting Standards Board,
Measurement,
Operational Planning
Source:
International Accounting Standards Board

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Overview: This white paper focuses on measurement on initial recognition of assets and liabilities. It represents the first stage of a project to address the measurement objective for assets and liabilities that are recognized in financial statements. The project is intended to provide the International Accounting Standards Board (IASB) and national standard setters with a sound conceptual basis for revising and expanding the measurement aspects of their conceptual frameworks, and improving the measurement requirements of their financial reporting standards.

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Format: PDF | Size: 1,649KB | Date: Nov 2005 | Pages: 146


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