Browsing by Author "Kvatashidze, Nadezhda"
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Item 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.Item Some aspects of loan and capital financial instruments(Ivane Javakhishvili Tbilisi State University Press, 2020) Sabauri, Levan; Kvatashidze, NadezhdaFinancial Instruments are any contract that generates both the financial assets of one enterprise as well as the financial liability of the second enterprise or the equity instrument. In many cases, the contract does not clearly indicate what the enterprise has to do with financial liabilities or equity instruments. Emission and equity instruments are implemented in different conditions, which determine the actual economic content of the instrument. Their recognition, measurement and accounting procedures differ significantly, while their correct classification affects the financial indexes and the financial conclusions and decisions made by an user of the financial information. Thus, it is important to properly identify, measure and reflect in the financial statements all financial instruments.