Prepaid Expenses Cica

Changes To Proposed National Instrument 81-106 Investment ...
CICA 3860.83 provides guidance on determining the fair value where there is not an active and liquid market. (such as prepaid expenses, receivables, accounts payable and accrued expenses) to constitute an appropriate basis of measurement. ... Read Content

SAMPLE NOTES TO FINANCIAL STATEMENTS
Disclose basis for measurement per CICA Handbook Sec. 3030. f) Prepaid Expenses. Materials and supplies held in central stores for use within the district are included as a prepaid expense and stated at acquisition cost. ... Read Here

Certified General Accountants Association Of British Columbia
(Sec. 5135, CICA Handbook) Question: A hotel corporation made the following errors found in a test sample on prepaid expenses. The client miscalculated prepaid security deposits in their hotel chains and the effect was ... Visit Document

Intermediate Accounting, Eighth Canadian Edition
Goodwill and Other Intangible Assets Intangibles: Characteristics CICA Handbook, Section 3062, broadly defines intangible assets as: a tangible asset and as a long-term liability Leaseholds and Leasehold Improvements Lease prepayments are reported as prepaid expenses, ... Access Full Source

Adjusting Accounts For Financial Statements
2 In 1990, the revised CICA Handbook, section 3600, recommended the use of the term amortization prepaid expenses, amortization, unearned revenues, accrued expenses, and accrued revenues. Prepaid expenses, an asset, refer to items paid for in advance of ... Access Document

IFRS In Canada - Site Des Comptables Professionnels Agréés ...
CICA Handbook Section 3040: Prepaid Expenses IFRS equivalent: IAS 1: Presentation of Financial Statements The Canadian Institute of Chartered Accountants 277 Wellington Street West, Toronto, Ontario M5V 3H2 (416) 977-3222 www.cica.ca ... Get Content Here

-p-Halifax Regional WR#0905-1060354
Prepaid expenses 15,126 46,196 Total current assets 597,324 786,902 Capital assets, net [note 6] 98,951 110,017 696,275 CICA 3863 – Financial Instruments – Presentation. The Association has chosen to apply CICA ... Visit Document

Accounting Standards For Private Enterprises
Tee, the governing body or membership of the CICA or any provincial Institute/Ordre. Accounting Standards for Private Enterprises—Transition Considerations for a Non-Complex Entity 1 Prepaid expenses Section 1510 No significant changes. Loans and advances ... Fetch This Document

Deferral - Wikipedia, The Free Encyclopedia
CICA; ACCA; CIMA; CGMA Deferred, in accrual accounting, is any account where the asset or liability is not realized until a future date (accounting period an 11/12 portion of an annually paid insurance cost is added to prepaid expenses, ... Read Article

12.1 Advances
Of the Canadian Institute of Chartered Accountants (CICA) and/or the Public Sector Accounting Board (PSAB). Definitions ASSET Chapter 12: Advances and Prepaid Expenses 12.1 Advances Effective date: April 1, 1999 Government of Nova Scotia ... Fetch Full Source

Module 9: Financial Reporting In The Not-for-profit Sector
CICA Public Sector Accounting Handbook governs the financial accounting for governments. Organizations falling into the CICA category of "other government organizations" use either Handbook. ● $10,000 prepaid expenses on the 20X2 ... Read Full Source

TITANSTAR PROPERTIES INC. (formerly DPVC Inc.) FINANCIAL ...
Prepaid expenses 30,335 23,890 756,090 654,199 Advance to joint venture (note 4) 841,388 -- Real estate held (note 4) 8,701,791 5,909,089 $ 10,299,269 CICA Handbook Section 1582 establishes standards for the ... Read Here

Considerations On Transition To Accounting Standards For ...
ASNPO were developed based on Part V of the CICA Handbook (including the 4200 series) and as such many of the new standards will seem familiar. Prepaid expenses 1510 No significant changes Tangible capital assets held by NPO’s 4431 May elect to measure an item(s) of ... Fetch Doc

Section 2170 Prepaid Expenses Accounting And Reporting
(CICA) of recording prepaid expenses as a non-financial asset on the statement of financial position and expensing their use or consumption in the statement of operations. .02 Each ministry is responsible to maintain accounting records ... Read More

In-Depth Tax Course: Group Study 1 Leader
The CICA is looking for motivated individuals with a passion for education, interested in a challenging and highly rewarding experience, to be Group Study 1 Leaders for the 2012-13 offering of Group Study 1.  Prepaid expenses ... Read Full Source

February 2011 Summary CompariSon Of Canadian PubliC SeCtor ...
3.3.4 Prepaid expense 21 3.3.5 Inventories held for consumption or use 21 4. Statement Of Operations 22 4.1 Revenues 22 4.2 Expenses 22 Under the CICA Handbook, expenses are not required to be reported by function or major program. Instead, ... Access Doc

Chapter 1: Financial Accounting And Standards - Wiley: Home
Intangible Assets Intangibles: Characteristics CICA Handbook, Section 3062, broadly defines intangible assets as: periodic cash payments Leaseholds and Leasehold Improvements Lease prepayments are to be shown as prepaid expenses, ... Document Viewer

SAMPLE NOTES TO FINANCIAL STATEMENTS - The Province Of ...
These notes as prescribed by the CICA Handbook for circumstances particular to your district. NOTE: In FREDS, Prepaid Expenses Materials and supplies held in central stores for use within the district are included as a prepaid ... Retrieve Here

Financial Accounting, Second Canadian Edition
Net earnings and net cash flow from operating activities Reveals less company information to competitors Direct Method CICA prefers the direct method but allows the use of either method Details changes in prepaid expenses, and changes in accrued expenses payable is: Cash Payments ... View This Document

Summary Comparison Of Part II Of The CICA Handbook ...
Part V of the CICA Handbook – Accounting (Handbook). It covers significant recognition and measurement differences only and does not necessarily include all of the differences that might arise in a particular entity’s circumstances. Prepaid Expenses ... Doc Retrieval

DENISON MINES CORP. Financial Statements For The Three Months ...
Prepaid expenses and other 1,181 1,607 87,720 87,400 Inventories – ore in stockpiles (Note 4) 1,716 1,530 Investments (Note 5 CICA 1582 is effective for business combinations for which the acquisition date is on or after ... Fetch Doc