- Investments in associates are initially recognized at cost and subsequently adjusted to recognize the investor's share of the associate's profit or loss and other comprehensive income.
- The carrying amount is reduced by any dividends received from the associate. Gains or losses on revaluation of property, plant and equipment and foreign exchange differences are also adjusted.
- The investor recognizes its share of the associate's profit or loss and other comprehensive income in its statement of profit and loss and other comprehensive income respectively.
Financial Management Fundamentals For Executive Directors & Board Members4Good.org
Nonprofit leaders and board members need to have at least a basic understanding of financial management. However, it is not uncommon to only have one or two people on a nonprofit board that understand finances. This webinar will help nonprofit executives and board members develop the financial insight they need in order to make strategic decisions and fulfill their responsibilities.
InKnowVision October 2012 HNW Technical Webinar w/ Guest Presenter Bob ScarlataInKnowVision
As an investment banker for some 26 years who has sold dozens of middle market privately held companies to private equity groups throughout the U.S. and Canada, Bob Scarlata will describe for us how private equity groups make their money and how private business owners can benefit and profit from their professional management strategies.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Transkredit Finance Company Products Presentation (1).pptx
Ias 28 investments in associates
1.
2. In the books of investor:
Initial recognition : At cost
Subsequent recognition :
◦ Increase / decrease carrying amount with profit /loss of the
associate
◦ Recognise profit / loss of subsidiary in P& L account of
investor
◦ Reduce the carrying amount with dividends received from
associates
Adjust the carrying amount for the following:
◦ changes in the investee’s other comprehensive income due to :
Changes arising from the revaluation of property, plant and
equipment
foreign exchange translation differences.
Adjust investor’s other comprehensive income:
◦ With the investor’s share of those changes arising from
revaluation , exchange difference etc.
3. Investment A/C
Details Amount in Rs.lakhs
Cost of investment 80
Share of post acquisition profit 25% 25
105
Less : dividends received after acquisition 15
90
Add : Share of revaluation surplus of PPE 25 % of Rs.40 lakhs 10
Carrying amount 100
P & L A/C
Share of post acquisition profit 25
Statement of Comprehensive income
Share of revaluation surplus 10
4. In Parent company’s separate financial
statements, no need to follow equity
method. It is followed only in consolidated
statement
Presently Fair Value is not considered
In AS dividend treatment is not specifically
mentioned, though as per general
principles, the same is reduced from
investment value
In IFRS , there is no concept of “Capital
reserve”. Instead, when Net asset received is
more than consideration paid, the excess is
credited to P & L and corresponding
increase in carrying amount.
5. Amount in Amount in Rs.
Description Rs. Lakhs Lakhs
Situation 1 Situation 2
Investment at cost 80 80
Share of Net asset at FV 75 85
Goodwill / (capital reserve) 5 -5
Carrying amount ( goddwill is
embeded) 80 85
In situation 2, Rs. 5 lakhs is credited
to P & L
6. Interest in associate = carrying amount +
Other long term interest
Losses in excess of carrying amount of
investment is recognised in “other interests”
After “other interests” are also exhausted,
additional losses if any by way of amount
paid by a parent on behalf of associate, a
liability should be recognised.
7. On loss of control,
Reclassify the amounts recognized in
“Other comprehensive income” on the same
basis as it would be done by the parent
when it disposes assets / liabilities directly.
For example :
◦ The Profit or loss on financial assets held for sale
recognized in “Other comprehensive income”
shall be reclassified to “P & L account”
◦ Revaluation surplus recognized in “Other
comprehensive income “ shall be reclassified to
“Retained earnings”.
8. Acquisition
Consolidation of JV accounts date Entity
Details Entity A Entity B Entity AB AB
Amount in rupees
Share capital 70000 50000 20000 20000
Reserves and surplus 120000 130000 10000 6000
Loan Funds 70000 50000 40000 30000
Total 260000 230000 70000 56000
Net fixed assets 180000 200000 50000 40000
Investment in JV 1000 15000
Net current assets 79000 15000 20000 16000
Total 260000 230000 70000 56000
financial statements after consolidation
Entity A Entity B
Share capital 70000 50000
Reserves and surplus 120000+2000 122000 130000+2000 132000
Capital reserve 12000
Loan Funds 70000+20000 90000 50000+20000 70000
Total 294000 252000
Net fixed assets 180000+25000 205000 200000+25000 225000
Goodwill 2000
Investment in JV
Net current assets 79000+10000 89000 15000+10000 25000
Total 294000 252000