Answers by Maher Ali

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Should the cost of purchasing annual license for Microsoft office 365 be capitalized or expensed?

answered Nov 20, 2017 in General IFRS Discussion

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Indications of impairment as per IAS36

answered Nov 15, 2017 in General Accounting Q&A

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Exchange: CA amount of old asset $6.5, New asset FV $7, additional cash $1 to make transaction. Journal entries please.

answered Nov 9, 2017 in General IFRS Discussion

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how do you treat cost prior to the execution of a lease?

answered Nov 7, 2017 in IAS 17 - Leases

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answered Nov 5, 2017 in General IFRS Discussion

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A foreign currency loan, how do I account?

answered Nov 4, 2017 in IAS 39 - Financial Instruments: Recognition and Measurement

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Accounting for sale and leaseback transactions (land & building)

answered Nov 4, 2017 in IFRS 16 - Leases

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IAS 40 : Investment Property : Building which is constructed on leased land given on operating lease

answered Nov 4, 2017 in IAS 40 - Investment Property

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treatment of owner occupied property now classified as investment property.

answered Nov 2, 2017 in IAS 40 - Investment Property

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Kindly explain in detail control accounts and personal ledgers? Impact of control accounts on financial statements?

answered Nov 2, 2017 in General Accounting Q&A

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Booking an impairment charge for employee and other demo cars.

answered Oct 31, 2017 in IAS 36 - Impairment of Assets

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restricting cost of plant is committed. what will be the accounting treatment??

answered Oct 31, 2017 in General IFRS Discussion

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Can I depreciate building on leased land over the lease term?

answered Oct 31, 2017 in IAS 16 - Property, Plant and Equipment

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