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Archive: 20 November 2010

Posts in 20 November 2010

IASB Exposure Draft on Stripping Costs in production phase of a Surface Mine

November 20, 2010 249 Views 0 comment Print

The International Accounting Standards Board’s IFRS Interpretations Committee has issued this Exposure Draft on IFRIC interpretation Stripping Costs in the production phase of a Surface Mine containing proposed guidance on the accounting for stripping costs in the production phase of a surface mine.

IASB Exposure Draft on annual improvements process- Proposals to amend Due Process Handbook for the IASB (Comments to be received by November 26, 2010)

November 20, 2010 562 Views 0 comment Print

The International Accounting Standards Board’s IFRS Interpretations Committee has issued this Exposure Draft on IFRIC interpretation The annual improvements process: Proposals to amend the Due Process Handbook for the IASB with the objective of whether the proposed criteria provide a sufficient and appropriate basis for assessing whether matters relating to the clarification or correction of IFRSs should be addressed using the annual improvements process.

IASB Exposure Draft on Effective Dates and Transition Methods (Comments to be received by December 16, 2010)

November 20, 2010 204 Views 0 comment Print

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) has issued this Request with the objective of seeking views on when new financial reporting standards resulting primarily from their work to improve and achieve convergence of International Financial Reporting Standards (IFRSs) and US generally accepted accounting principles (GAAP) should become effective.

IASB Exposure Draft on Strategy review consultation document (Comments to be received by December 15, 2010)

November 20, 2010 234 Views 0 comment Print

The Trustees of the IFRS Foundation, the oversight body of the International Accounting Standards Board (IASB), has issued this first-stage consultation document designed to solicit input on the strategy of the IFRS Foundation as it enters its second decade. The Trustees are seeking views of stakeholders on four strategic fronts—the IFRS Foundation’s mission, governance, the standard-setting process, and financing of the IFRS Foundation.

Notification No.34/2010 – Central Excise; Dated: 18.11.2010

November 20, 2010 585 Views 0 comment Print

G.S.R. 918(E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment

Invest for Longer Term in Consumer

November 20, 2010 225 Views 0 comment Print

The ultimate objective of all production is consumption for the satisfaction of varied needs of man. A free market economy provides freedom to the consumers to buy and consume goods of their choice. Buying preferences of the consumers send signals to

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