When you're looking at EPS you'll also come across a ratio called the price-earnings ratio.
What is the Price-Earnings Ratio?
The price-earnings ratio is is an important stock market ratio, which compares the current market price...
Definitions of Rights issues, Options and Warrants
A rights issue is where a company offers existing shareholders a chance to buy new shares in the company at below market rates at a future date.
Presentation and Disclosure
Under IFRS 5 'An entity shall present and disclose information that enables users of the financial statements to evaluate the financial effects of discontinued operations and disposals of non-current assets (or disposal...
Revenue is the name given to an entity's income that arises in the ordinary course of activities and is known by a number of other names including:
Revenue is disclosed in the statement of comprehensive...
What is a Business Combination?
A Business Combination is a “transaction or other event in which an acquirer obtains control of one or more businesses”. IFRS 3 Business Combinations states how an acquirer should recognise...
When studying IAS 11 Construction Contracts, you can split the topic into seven key areas:
1. Definition of a construction contract
A construction contract is a contract specifically negotiated for the design, manufacture or construction of:
If you're studying IAS 23 Borrowing Costs, why not test your knowledge with our multiple choice quiz? Click here to take the quiz. By practicing questions you'll improve your study and recall, ideal for...
If you're studying IAS 18 Revenue, why not test your knowledge with our multiple choice quiz? This is available here. By practicing questions you'll improve your study and recall, ideal for people who learn...
If you're studying IAS 10 Events After the Reporting Period, why not test your knowledge with our multiple choice quiz? This is available by clicking here. By practicing questions you'll improve your study and...
What is the purpose of the Conceptual Framework?
If there were no framework for preparing financial statement, accounting standards would be developed in a random, haphazard way to deal with issues as they arise. This...