国际会计学全第三章.pptVIP

Accounting measurements In 2003,the Department of Trade and Industry announced that, starting January 2005. All U.K. companies will be permitted to use IFRS instead of U.K. GAAP. It is extended to nonlisted U.K. company. Accounting measurements Accounting measurement Business combinations – purchase accounting Investments in associates – equity method Translation of financial statements of foreign operations – functional currency concept Deferred taxes – recognized in full, using the liability method, for temporary differences between the carrying amount(账面价值) and tax base Provisions – rec