VGU RESEARCH REPOSITORY
Please use this identifier to cite or link to this item:
https://epub.vgu.edu.vn/handle/dlibvgu/1162| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Nguyen Phan Ngoc Han | en_US |
| dc.date.accessioned | 2021-10-28T06:44:51Z | - |
| dc.date.available | 2021-10-28T06:44:51Z | - |
| dc.date.issued | 2019 | - |
| dc.identifier.uri | http://epub.vgu.edu.vn/handle/dlibvgu/1162 | - |
| dc.description.abstract | In the real world, making materiality judgements is difficult and entities request the IASB to provide further guidance on materiality. Recently issued non-mandatory guidance on making materiality judgements has been received different comments from the public. This thesis analyzes the IFRS Practice Statement 2: Making materiality judgements to demonstrate whether the guidance constitute improvement of financial reporting and describe the real expectation of the public. The analysis is conducted by summarizing comments in tables and combining with opinions from academic source. After that, a detailed analysis on specific aspects are performed to achieve the purpose of this paper. Materiality assessment process includes four steps and materiality is affected by quantitative and qualitative factors. Entities can disclose information not in the scope of IFRS Standards if local laws and regulations require. Before issued, the guidance is finalized based on several comments from different sources on form as well as the content of guidance. The aim of the Practice Statement 2 is to provide guidance for reporting entities as well as satisfying demand for having help from the IASB in dealing difficult problems of those entities. The Practice Statement 2 is welcomed because it is useful in assisting management to make materiality judgements even though it still contains defects. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Vietnamese-German University | en_US |
| dc.rights | Attribution-NonCommercial 4.0 International | * |
| dc.rights.uri | https://creativecommons.org/licenses/by-nc/4.0/ | * |
| dc.subject | Critical Analysi | en_US |
| dc.subject | IFRS practice | en_US |
| dc.title | Critical analysis of IFRS practice statement 2: making materiality judgments | en_US |
| dc.type | Thesis | en_US |
| item.languageiso639-1 | other | - |
| item.fulltext | With Fulltext | - |
| item.grantfulltext | restricted | - |
| Appears in Collections: | Finance & Accounting (FA) | |
Files in This Item:
| File | Size | Format | Existing users please Login |
|---|---|---|---|
| Critical analysis of IFRS practice statement 2 making materiality judgments.pdf | 1.45 MB | Adobe PDF |
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