BANK BORROWINGS 2008 2007 Secured:- RM RM Bank overdraft xxx,xxx xxx,xxx Revolving credit x,xxx,xxx x,xxx,xxx x,xxx,xxx x,xxx,xxx a. Bank Overdraft The bank overdraft bore an interest rate of x% above the bank’s base lending rate. Security: i) 3rd Party ...
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Tagged As: bank borrowings, bank overdraft, notes to the accounts, notes to the financial statments, revolving credit, sample disclosure
Independent auditors’ report to the members of ABC Berhad (Incorporated in Malaysia) Report on the financial statements We have audited the financial statements of ABC Berhad, which comprise the balance sheet as at day/month/year of the Group and of the Comp...
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Tagged As: audit opinion, notes to the accounts, notes to the financial statments, sample auditors' report, sample disclosure, unqualified opinion
Independent Auditors’ Report the members of ABC Berhad (Incorporated in Malaysia) Report on the Financial Statements We have audited the financial statements of ABC Berhad, which comprise the balance sheets as at day/month/year of the Group and of the Com...
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Tagged As: audit opinion, except for opinion, notes to the accounts, notes to the financial statments, qualified opinion, sample auditors' report, sample disclosure
Significant Accounting Estimates and Judgements Critical Judgements Made in Applying Accounting Policies The Company has developed certain criteria based on IFRS 140 in making judgements whether a property qualifies as an investment property. Investment pro...
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Tagged As: allowance for doubtful debts, allowance for inventories written down, classification of investment property and property in use, construction contracts, critical judgement in applying accounting policies, deferred tax assets, impairment of goodwill, impairment of investment in subsidiaries, key sources of estimation uncertainty, notes to the accounts, notes to the financial statments, property development, sample disclosure, Sample Disclosure in Financial Statements, unabsorbed tax losses, unutilised capital allowances, useful lives of property plant and equipment
Revenue recognition Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. The following specific recognition criteria must also be met before revenue is recognised: i...
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Tagged As: Accounting policy, dividend income, dividend income recognition, interest income, interest income recognition, notes to the accounts, notes to the financial statments, project management fees, project management fees recognition, rental income, rental income recognition, sale of goods, sale of goods recognition, sample disclosure, Sample Disclosure in Financial Statements
Property, plant and equipment and depreciation All items of property, plant and equipment are initially recorded at cost. Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is prob...
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Tagged As: Accounting policy, notes to the accounts, notes to the financial statments, property plant and equipment, sample disclosure, Sample Disclosure in Financial Statements
