Detail Back to Basics   Oleh:  Tysiac, Ken Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Accountancy vol. 214 no. 5 (Nov. 2012), page 32-35. Topik: Financial Reporting; Small & Medium Sized Enterprises-SME; Proposals; Historical cost accounting Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85.33 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Traditional accounting principles form the foundation for a new approach to financial reporting that the AICPA is developing for small and medium-size entities (SME). The proposed Financial Reporting Framework for SME (FRF-SME) was expected to be released for public comment in October and is designed to emphasize familiar accounting concepts such as historical cost and the matching of revenues with costs. The proposed FRF-SME adheres to a general principle that historical cost is the most useful measurement basis for the users of SME financial statements and the most cost-beneficial approach for owner-managers of SMEs to follow in the preparation of their financial statements. The proposed framework does not require the reporting of comprehensive income because many small companies do not deal with items such as available-for-sale securities and foreign-currency translations that figure into those calculations. The proposed FRF-SME also will provide for simplified pension disclosures and generally provide more principles-based accounting instead of detailed rules. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved