Financialnewsweek.com’s Post

"Provide three (3) line items under the 'Non-current Liabilities' category in the Statement of Financial Position." 😐 Imagine someone asking you this question, and suddenly your brain struggles to find the answer because it's been a while since you refreshed your mind on these concepts. 😥 This is precisely why, as accountants, we need to consistently revisit the fundamentals. Below is a carousel offering concise insights into Liabilities. Check it out! 💫 #accounting #ifrs #liabilities #AOB_FinAccFables

This moderated discussion from FORVIS will cover current developments from FASB, #AICPA, SEC, PCAOB, and other relevant standard setters for the first quarter of 2024 and what they could mean for your organization. Sign up here to explore topics that may influence your current and future financial reporting.

This moderated discussion from FORVIS will cover current developments from FASB, #AICPA, SEC, PCAOB, and other relevant standard setters for the first quarter of 2024 and what they could mean for your organization. Sign up here to explore topics that may influence your current and future financial reporting.

This moderated discussion from FORVIS will cover current developments from FASB, #AICPA, SEC, PCAOB, and other relevant standard setters for the first quarter of 2024 and what they could mean for your organization. Sign up here to explore topics that may influence your current and future financial reporting.

This moderated discussion from FORVIS will cover current developments from FASB, #AICPA, SEC, PCAOB, and other relevant standard setters for the first quarter of 2024 and what they could mean for your organization. Sign up here to explore topics that may influence your current and future financial reporting.

This moderated discussion from FORVIS will cover current developments from FASB, #AICPA, SEC, PCAOB, and other relevant standard setters for the first quarter of 2024 and what they could mean for your organization. Sign up here to explore topics that may influence your current and future financial reporting.

This moderated discussion from FORVIS will cover current developments from FASB, #AICPA, SEC, PCAOB, and other relevant standard setters for the first quarter of 2024 and what they could mean for your organization. Sign up here to explore topics that may influence your current and future financial reporting.

This moderated discussion from FORVIS will cover current developments from FASB, #AICPA, SEC, PCAOB, and other relevant standard setters for the first quarter of 2024 and what they could mean for your organization. Sign up here to explore topics that may influence your current and future financial reporting.

DID YOU KNOW? Under IAS 10, if events occur after the reporting period that provide evidence of conditions that existed at the balance sheet date (known as "adjusting events"), the financial statements must be adjusted to reflect this new information. Examples include the settlement of a court case that confirms a liability that existed at the balance sheet date or the discovery of fraud or errors. This ensures that the financial statements present an accurate and fair view of the company's financial position as of the reporting date. #IAS10 #ACCOUNTING #FINANCIALREPORTING

The global community of more than 213,000 CERTIFIED FINANCIAL PLANNER professionals help people stay on track with their finances to achieve their goals and dreams. Watch video: https://bit.ly/3QKx7qh #CFP #financialplanning