Browsing by Author "Gogrichiani, Zeinab"
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Item Disclosures of events after the reporting period(Ivane Javakhishvili Tbilisi State University Press, 2019) Gogrichiani, ZeinabIn order to fulfil the requirements of IAS 10 „Events after the Reporting Period” it is necessary to: Fix the exact date of presentation and authorization of financial statements by the accounting policy Determine materiality threshold by the accounting policy Evaluate the main assumptions of financial statements – Going concern, whereas if an entity cannot continue continuous operation, financial statements are not prepared on the going concern assumption Sharply separate adjusting and non-adjusting events and reflect accordingly in the financial statementsItem Issues of assessing the impairment of assets(Ivane Javakhishvili Tbilisi State University Press, 2018) Kvatashidze, Nadezhda; Khorava, Anzheli; Gogrichiani, ZeinabAccording to the conceptual framework of financial reporting the value of the assets in the financial statements should not exceed the present value of economic benefits expected in the future from the asset. The Council of International Accounting Standards Board (IASB) has developed the concept of impairment of asset based on the purpose of submitting relevant information on the assets in the financial statements. The main objective of this concept is to identify and evaluate the impairment of assets, such as the notion of economic benefits and valuation methodology; Identification of the assets impairment and reflection in the financial statements.Item Reflection of post-pandemic changes in financial statements(Ivane Javakhishvili Tbilisi State University Press, 2023) Sabauri, Levan; Kvatashidze, Nadezhda; Khorava, Anzheli; Gogrichiani, ZeinabThe article discusses the changes made by the International Accounting Standards Board (IASB) in the post-pandemic period to the International Financial Reporting Standards and the new challenges of the Board. It also analyzes the impact of the changes on the information in the financial statements. Namely, the changes in the following standards are discussed: IAS 1; 16, 37; 39; IFRS 3; 7; 9; 16.