Tag: notes to the financial statments

Sample Disclosure – Note On Bank Borrowings (16 February 2009)

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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Sample Disclosure – Auditors’ Report With Unqualified Opinion (29 December 2008)

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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Sample Disclosure – Auditors’ Report With Except For Qualified Opinion (10 December 2008)

  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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Sample Disclosure – Significant Accounting Estimates and Judgements (10 December 2008)

  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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Sample Disclosure – Revenue Recognition (2 December 2008)

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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Sample Disclosure – Property, Plant and Equipment (27 November 2008)

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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