That Corporate Dude

Financial accounting

IAS 2 - Accounting for Inventory

IAS 2 is an accounting standard that tells businesses how to handle inventory . Inventory refe…

byAbdulMalik -October 14, 2024

Accounting

How to Identify a Lease Transaction Under IFRS 16

IFRS 16 sets out the rules for recognizing leases in financial statements, both for lessees and …

byAbdulMalik -October 10, 2024

Financial accounting

IAS 36 - Impairment of Assets

IAS 36 is a financial accounting standard that focuses on ensuring a company's assets are no…

byAbdulMalik -October 01, 2024

Financial accounting

IAS 38: Intangible Assets — Explained in Simple Terms

IAS 38 is the accounting standard that deals with intangible assets.  Intangible assets are non…

byAbdulMalik -October 01, 2024

Financial accounting

IAS 7: Statement of Cash Flows – Simplified Explanation

IAS 7 is an international accounting standard that provides guidance on preparing and presenting…

byAbdulMalik -September 30, 2024

Financial accounting

Understanding IFRS 16: Leases Made Simple

1. What is IFRS 16? IFRS 16 is an International Financial Reporting Standard issued by the Inte…

byAbdulMalik -September 21, 2024