Examples of Accounting Standard in a sentence
The unaudited financial statements have been prepared in accordance with International Accounting Standard 34 (Interim Financial Reporting).
Consistent with Accounting Standard AASB 128, once the investment value is reduced to nil, LBT’s share of further reductions in the net assets of the JV Company are recognised as a provision against the recoverability of the shareholder loans.
With effect from April 1, 2012, the Company designates such forward contracts in a cash flow hedging relationship by applying the hedge accounting principles set out in Accounting Standard 30- Financial Instruments: Recognition and Measurement.
In August 2001, the Financial Accounting Standards Board issued Statement of Financial Accounting Standard No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets.
Emphasis of Matter As described in note 1B, for the year ended December 31, 2014, the Village ceased reporting on a cash basis of accounting comparable to the requirements of Governmental Accounting Standard No. 34 and reported in the accordance with standards established by the Auditor of State for governmental entities that are not required to prepare reports in accordance with general accepted accounting principles, which is similar to the cash receipts and disbursements basis of accounting.