Accounting Aces Hub

Welcome to our Podcast. Join us as we break down the key components of IAS 1, explore its principles, and discuss common challenges faced by businesses in implementing this standard. Whether you’re a finance professional, a student, or simply curious about accounting practices, this episode will equip you with essential knowledge on IAS 1 - Presentation of Financial Statements.

IAS 40 Investment Property prescribes the accounting treatment with respect to investment property. This episode provides a summary of the definition, recognition, initial and subsequent measurement and disclosure requirements of investment property.

This episode provides a summary of IAS 16: PPE. Key issues discussed in this episode include recognition of property, plant and equipment, measurement at and after recognition, derecognition, and disclosures.

This episode provides a summary of the IASB conceptual framework for financial reporting. Subsections include the objective of general purpose financial reports, underlying assumptions in the preparation of financial reports, qualitative characteristics of useful financial information and the elements of financial statements.