statement of financial position


Also found in: Dictionary, Thesaurus, Legal, Acronyms.
Related to statement of financial position: balance sheet, income statement

statement of financial position

Mentioned in ?
References in periodicals archive ?
The users of the financial statements may be interested in debt-related financial statement analysis, such as cash flows, liquidity, statement of financial position strength, and interest coverage.
The starting point for that reconciliation shall be total comprehensive income in accordance with previous GAAP for the same period or, if an entity did not report such a total, profit or loss under previous GAAP (c) If the entity recognized or reversed any impairment losses for the first time in preparing its opening IFRS statement of financial position, the disclosures that International Accounting Standard 36, Impairment of Assets (IAS 36), would have required if the entity had recognized those impairment losses or reversals in the period beginning with the date of transition to IFRS
The presentation of the statement of financial position differs between the two frameworks.
The one-day workshop examines the requirements of this standard and provides practical guidance on producing your opening IFRS/FRS 102 statement of financial position and restating your prior-year financial statements to comply with IFRS/FRS 102.
124, investments in marketable securities with readily determinable fair values and all investments in debt securities are reported at their fair values in the statement of financial position.
An that holds or issues derivative instruments (and nonderivative instruments that are designated and qualify as instruments pursuant to paragraphs 37 and 42) (12a2) shall disclose for every annual and interim reporting period for which a statement of financial position and statement of financial performance are presented:
FRC responded to the FASB Preliminary Views document on major issues relating to "Reporting Financial Instruments and Certain Related Assets and Liabilities at Fair Value" by not supporting the FASB view that "all financial instruments should be carried in the statement of financial position at fair value.
Regardless of the particular method employed to determine fair value, the investments are reported on the NFP's statement of financial position at this amount.
Request for qualifications: works include performing audits of the statement of financial position of fsdb~s endowment fund and the related statements of activities and cash flows in accordance with generally accepted accounting principles (gaap) in the united states of america to result in a contract with a term of up to five years.
The focus of these courses is the forecasting of an integrated set of financial statements--ie, the income statement, cash flow statement and statement of financial position.
Heard and approved the report of the External Auditor on the Company's statement of financial position and on the accounts submitted by the Board of Directors.
For governmental fund reporting, GASB 63 stated that deferred outflows of resources should be reported in a statement of financial position in a separate section following assets.

Full browser ?