• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Ias 16

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Ias 16

  • This topic has 3 replies, 2 voices, and was last updated 12 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 17, 2012 at 11:58 am #55407
    jordan55
    Member
    • Topics: 2
    • Replies: 2
    • ☆

    Is it better if a co. attempts to show its NCA at fair/market value/recoverable amt as often as possible at any time during the yr instead of showing it at recoverable amt (if CV >RA) only by the end of year?

    November 17, 2012 at 3:56 pm #107705
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    “Better” as in what context? ie define “better”

    November 17, 2012 at 7:59 pm #107706
    jordan55
    Member
    • Topics: 2
    • Replies: 2
    • ☆

    Better as in being in line with ias 36 at any point in time.
    Companies sometimes need to give their latest FS to banks for loan approvals. If they r givin their last 6 months’ FS n assets’ CV r in excess of RA, even if tis ok not impair at this pt mayb, woud b better to do so?

    November 18, 2012 at 9:31 am #107707
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    I get the feeling, from whenever I have had to deal with banks looking for finance for clients, that banks are pretty aware of the “deficiencies” of historic cost accounting and, if the amount to be borrowed is substantial, banks do tend to want some sort of charge over the assets by way of security.

    “Better”? I suppose it depends on what you’re trying to achieve and who you’re trying to impress

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • azubair on Time Series Analysis – ACCA Management Accounting (MA)
  • Gowri7 on Relevant cash flows for DCF Working capital (examples 2 and 3) – ACCA Financial Management (FM)
  • Govere on The use of ratios and comparisons in auditing
  • John Moffat on Relevant cash flows for DCF Working capital (examples 2 and 3) – ACCA Financial Management (FM)
  • Gowri7 on Relevant cash flows for DCF Working capital (examples 2 and 3) – ACCA Financial Management (FM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in