Why is it needed to reclassify financial asset when changing business model?

Q: What is the primary difference between the two methods for disaggregating ROE and how does each…

A: Du-point analysis of ROE: The DuPont analysis is a framework popularized by DuPont for analyzing…

Q: The use of fair value accounting for measuring assets and liabilities has been a source of on-going…

A: The global financial crisis of 2008 was a severe worldwide economic downturn that was triggered by…

Q: corporate

A: SOLUTION:- Non -Operating Assets -There are certain asset which do not contribute to the day to day…

Q: Which one of the following is not one of the factors in computing depreciation? Cost price…

A: Depreciation means the loss in value of assets because of usage of assets , passage of time or…

Q: When a company changes the way it depreciates an asset in midstream, what change would be made to…

A: Depreciation:   Depreciation refers to the reduction in the monetary value of a fixed asset due to…

Q: Different categories of financial assets are valued differentlyin the balance sheet. These different…

A: The objectives of the financial statements and their components are to present the actual position…

Q: Which is NOT a criteria for recognition of financial information in the IFRS Conceptual Framework?…

A: The IFRS (International Financial Reporting Standards) Conceptual Framework is a foundational…

Q: What dangers are there in misrepresenting the financial performance of your company?

A: The objective of the question is to understand the potential risks and dangers associated with…

Q: Answer the following questions in depth .... Why do accountants have to classify items as capital…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: Assets are resources related to past transactions that are expected to provide a future economic…

A: An asset is a resource with economic value that an individual or corporation owns or controls with…

Q: If depreciation expense is not recorded how would that affect financial statements and…

A: Depreciation records the usage of a fixed asset over a period of time and allocates its cost to the…

Q: Why should the investment decision be separate from the financing decision? What error would…

A: At the beginning of the process of putting the project into action, there are two significant…

Q: The costs or benefits of holding or not holding money over time refers to the concept of: the time…

A: The time value of money (Correct): The time value of money is a financial concept that suggests that…

Q: What provides the framework for conducting return on assets (ROA) analysis by incorporating revenues…

A: The objective of the question is to identify the framework that allows for the calculation of Return…

Q: What is financial reporting environment?

A: A short introduction to Financial Reporting- Basically it is a standard accounting practice that…

Q: What informal remedies are available to firmsin financial distress? In answering this…

A: Financial distress in a condition in which a company will not be able to earn income which is…

Q: What are the major types of divestitures? Whatmotivates firms to divest assets?

A: A divestiture or divestment is the disposal of the company’s assets or a through sale, exchange,…

Q: The use of fair value accounting for measuring assets and liabilities has been a source of on-going…

A: The use of fair value accounting for measuring assets and liabilities has indeed been a contentious…

Q: What dangers are there in misrepresenting the financial performance of your company?

A: The objective of this question is to understand the potential risks and dangers associated with…

Q: Which one of the following is an essential characteristic of an asset? A. The inflow of future…

A: