The effective date of the application of this FRSIC CONSENSUS was 27 March 2008. The release of FRSIC Consensus 6 –Accounting For Premium Paid For Transfer Of Listing Status In A Reverse Takeover Scenario [Acquisition Of The Listing Status Of A Company That ...
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Tagged As: FRS 3 Business Combinations, FRSIC Consensus 6, para 52 FRS 3, payment for reverse takeover, premium paid to acquire listing status, reverse takeovers
Prior to 1 January 2010, information about financial instruments was disclosed in accordance with the requirements of FRS 132 Financial Instruments: Disclosure and Presentation. The Group and the Company adopted FRS 7 Financial Instruments: Disclosures (“FRS...
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Tagged As: disclosure of financial instruments, effect of adopting FRS 7, note on adoption of new accounting standard, Sample Disclosure in Financial Statements
The effective date of the application of this FRSIC CONSENSUS was 27 March 2008. The release of FRSIC Consensus 5 – Split Of The Minimum Lease Payments Between The Land And The Building Elements provides guidance, on various methods adopted by the profession...
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Tagged As: fair value of land and building elements, FRS 117, methods of allocating minimum lease payments between land and building
The effective date of the application of this FRSIC CONSENSUS was 27 March 2008. The release of FRSIC Consensus 4 – Accounting Treatment For Impairment Of Goodwill In Situation Where Court Approval Has Been Obtained To Write It Off Against Reserves provides...
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Tagged As: Court order to write off goodwill against share premium, FRSIC Consensus 4, impairment of goodwill, Section 64 Companies Act Malaysia, write off goodwill against reserves
The effective date of the application of this FRSIC CONSENSUS was 1 February 2008. The release of FRSIC Consensus 3 – Is Fixed Deposit Held On Lien for Bank Guarantee Facilities A Cash and Cash Equivalent? provides guidance, to address the situation where fi...
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Tagged As: component of cash and cash equivalents, fixed deposits pledged, FRS 107 Cash Flow Statements, restricted cash
The effective date of the application of this FRSIC CONSENSUS was 1 February 2008. The release of FRSIC Consensus 2 – Applicable Accounting Standards For MSC Status Companies provides guidance, to address the situation where a MSC-status company is given cer...
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Tagged As: applicable accounting standards for MSC status company, FRSs, MSC status company, PERSs