INTRODUCTION OF IFRS 10, CONSOLIDATED FINANCIAL STATEMENTS
On 12 May 2011 the IASB issued IFRS 10 Consolidated Financial Statements. IFRS 10 establishes princi...
WHY ISAB ISSUED IFRS 10
A single consolidation model: IFRS 10 introduces a consolidation model that builds upon the requirem...
ARE THERE NEW CONSOLIDATION REQUIREMENTS UNDER IFRS 10 ??
Some may be concerned that IFRS 10 introduces new concepts and consolidation requirements when compa...
IFRS 10-CONSOLIDATED FINANCIAL STATEMENTS
As issued at 1 January 2012. Includes IFRSs with an effective date after 1 January 2012 but not the ...
CASE STUDY: IFRS 10
Scenario An investor holds 48 per cent of the equity (and related voting rights) of an investee. Th...
IFRS 3 — UNREPLACED AND VOLUNTARILY REPLACED SHARE-BASED PAYMENT AWARDS
Issue: The IFRIC received requests to clarify the measurement of unreplaced and voluntarily replaced...
Finance Minister's statement in Parliament relating to Service Tax
Service Tax 19. As Hon’ble Members are aware, taxation of services has undergone a paradigm shift ...
Services provided by the Agricultural Produce Marketing Committee (APMC) /Board
Circular No. 157/8 /2012-ST, New Delhi, 27th April, 2012 Subject: Services provided by the Agricult...
Non-Deduction of TDS – Amendment in Budget 2012 – Section 40a(ia)
The amendment to Section 201, not to treat the deductor in default is proposed to be effective from ...
INVESTMENT ENTITY – IASB UPDATES
January 20, 2012 In February and March 2012 the IASB and the FASB will hold round-table discussions ...