wanye
Mar 26, 2007, 08:26 AM
Hi all,
Been pondering over this for a long time, but still don't get it why
1)Why many hotels, banks and building societies that have large property portfolios are known to resist the requirement to depreciate buildings? Does it involve any FRS ?
2) What observations are made regarding the portrayal of financial position and
Performance under LIFO,FIFO and weighted average methods when prices are increasing?
What does it mean by the financial position & performance? What observations are there?
Need help on this urgently.. thanks all..
Been pondering over this for a long time, but still don't get it why
1)Why many hotels, banks and building societies that have large property portfolios are known to resist the requirement to depreciate buildings? Does it involve any FRS ?
2) What observations are made regarding the portrayal of financial position and
Performance under LIFO,FIFO and weighted average methods when prices are increasing?
What does it mean by the financial position & performance? What observations are there?
Need help on this urgently.. thanks all..