Prepaid Expenses Aasb

Protected Global Opportunities Fund - Sandhurst Trustees ...
Prepaid Expenses and Other Assets 5 157,565 209,368 Investments 6 5,123,000 6,393,000 Total Assets 5,280,565 6,602,368 Announcements of the Australian Accounting Standards Board. The financial report has been prepared on a historical cost convention. ... Visit Document

STATEMENT IN ACCORDANCE WITH - Lawlink Home - Lawlink ...
AASB 1 First-time Adoption of Australian Equivalents to International Financial Reporting Standards requires retrospective application of the new AIFRS from 1 July 2004, with limited exemptions. Prepaid Expenses. Prepaid Superannuation $'000. F: ... Retrieve Full Source

LOCAL GOVERNMENT
Physical assets (such as inventory, property, plant and equipment), intangibles, and prepaid expenses are not. financial assets. Financial instrument Australian Accounting Standards Board (AASB) - Subscription Services. ... Retrieve Document

Standard Chart Of Accounts (and Data Dictionary)
Liabilities = 2 etc. Expenses are not further classified but rather included in an alphabetical AASB 101.60-61; 101.66 prepaid memberships by the organisations members as a separate ... Content Retrieval

Matching Principle - Wikipedia, The Free Encyclopedia
A Deferred expense (prepaid expenses or prepayment) is an asset used to costs paid out and not recognized as expenses according to the matching principle. For example, when the accounting periods are monthly, ... Read Article

(“AASB”), the requirements of the Department of Education, Employment and Workplace Relations (“DEEWR”), relevant sections of the FMA and relevant (WA) Treasurer’s instructions. Prepaid Expenses (Prepayments) ... Return Doc

Subject Matter - Depth Of Understandings: Accounting (2010 ...
Accrued revenues, prepaid expenses and unearned revenues. the Accounting Standards issued by the Australian Accounting Standards Board. Published reports often contain supplementary reports in the form of bar charts, pie charts, and the like. ... Fetch Doc

Conrad Computers Policies And Procedures Manual FNSACCT405B
AASB 107 “Cash Flows Statements”, AASB 108 “Accounting Policies, Changes in Journal entries are used to enter adjustments for prepaid and accrued income and expenses. End of year adjustments which actually affect June figures will be dated 30 June. ... Document Viewer

Accounting Policy Manual - CH 7 Liabilities
Accrued expenses, advances, holiday pay to employees etc. Non-Current Liabilities. representing any prepaid employee entitlements recognised at the reporting date; AASB 1044 contains a number of specific provisions. ... Fetch Doc

Accounting Policy - Foreign Currency Translation
Income and expenses for each income statement are translated at average amounts prepaid for goods and services; equity investments; AASB 121 – The Effects of Changes in Foreign Exchange Rates . Appendix A: History . ... Return Doc

Deegan: Australian Financial Accounting, 2E
Of comprehensive income The format for disclosing an entity’s statement of comprehensive income is prescribed within AASB 101 we would not get a full picture of all the expenses and income that (other than the accrual of rentals due or prepaid). Likely future ... Fetch Content

A Message From The Minister For Finance
Reference Title AASB Accounting Standards issued by the Australian Accounting Standards Board AAS Australian Accounting Standards DOT Department of Expenses from transactions marginally increased largely due to MOG changes resulting in increased expenses related to the new ... Doc Viewer

Technical Accounting Alert - Chartered Accountants & Business ...
IFRS 9 WAS ISSUED IN AUSTRALIA AS AASB 9 FINANCIAL INSTRUMENTS WITH AN EFFECTIVE Prepaid borrowing fee – asset $50,000 Cash $50,000 Borrower accounting - 31.12.X1 (loan date) Debit Credit Cash $1,000,000 ... Retrieve Content

MVRIA Annual Report 2004-2005 15
EXPENSES FROM ORDINARY ACTIVITIES Prepaid Superannuation 10 80,435 - TOTAL NON-CURRENT ASSETS 2,594,423 2,573,001 TOTAL ASSETS 6,471,798 5,770,721 CURRENT LIABILITIES Creditors AASB 1041 “Revaluation of Non Current Assets”. ... Get Content Here

Asset - Wikipedia, The Free Encyclopedia
Prepaid expenses — these are expenses paid in cash and recorded as assets before they are used or consumed (a common example is insurance). See also adjusting entries. Marketable securities Securities that can be converted into cash quickly at a reasonable price. ... Read Article

CHAPTER 19
Prepaid expenses + Ending Prepare a statement of cash flows in accordance with AASB 1026. Also show any notes to the statement that are necessary. BRINDLE LTD Statement of Financial Performance for the year ended 30 June 2002 OPERATING REVENUE ... Get Doc

Report On State Finances 2011-12
Total expenses were $58,352 million. The State entered into a prepaid finance lease transaction of the Sydney Desalination Plant Pty AASB 9 and AASB 2010-7 regarding financial instruments AASB 10 Consolidated Financial Statements ... View Document

Contents
Ask learners to research the AASB accounting standard related to the acquisition, depreciation and disposal of fixed assets. Prepaid revenue Accrued expenses Long service leave expense Annual leave expense Doubtful debts expense ... Return Doc

Cleaned Standard Chart Accounts - Coag
Liabilities = 2 etc. Expenses are not further classified but rather included in an alphabetical AASB 101.60-61; 101.66 prepaid memberships by the organisations members as a separate ... Read More

Suggested Accruals Policy - Department Of Health
Where the application of AASB 1004 causes expenditure and revenue to be mismatched, When the CME expenses were incurred by the hospitals one of the following accounts should be used: Prepaid CME is not encouraged and if incurred should be treated as a prepayment. ... Access This Document

WAIKERIE HOTEL MOTEL LTD & RIVER RESOURCES CONSOLIDATED ...
Prepaid borrowing expenses paid (25,590) (7,896) (3,896) - Net cash provided by (used in) investing activities (140,734) (159,450) CASH FLOWS FROM FINAN CING ACTIVITIES Repayment of borrowings (AASB) and the Corporations Act 2001. ... Access Full Source

Differences occurred both in the line descriptions and in the accounting treatment for the same types of expenses. AASB 101.60-61; 101.66 1-1110. rent and advertising that have been prepaid beyond this financial period. ... View Doc