Browsing by Author "Vardiashvili, Mariam"
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Item Actual issues of accounting balance analysis (on the example of JSC „Telasi”)(Ivane Javakhishvili Tbilisi State University Press, 2019) Maisuradze, Marina; Vardiashvili, MariamThus, the present article deals with the structural and ratios analysis of financial statements (Balance sheets) of JSC Telasi. As a result of the analysis, it is revealed that the company's financial position is unstable, namely, the ratios are below the permissible rate, in 2017 the equity share of assets is below 50%. In our view, in order to improve the situation, it is necessary to reduce the balance of accounts receivable and increase the share of equity.Item Analysis of the impact of IFRS 15 on the recognition of assets from construction contracts(Ivane Javakhishvili Tbilisi State University Press, 2022) Vardiashvili, Mariam; Maisuradze, Marina; Chitadze, KhalianaThe main issue in accounting for construction contracts is the allocation of the proceeds and expenses incurred from these works to the reporting periods during which the construction was carried out. The assessment of the application of the principles of IFRS 15 to construction contracts is based on a fivestep model for the recognition of surpluses, which fully provides an appropriate framework for the recognition of surpluses arising from construction contracts.Item Grants accounting methods in the public and private sectors(Ivane Javakhishvili Tbilisi State University Press, 2018) Vardiashvili, MariamThe Article dewaks with the issues of recogniotion, measuremen, and reflection of the grants in the financial statements according tp IPSAS 23 and IAS 20 Recognition of the grants received in the public sector as income or liability, depends upon the terms and conditions and limitations set forth in the agreements The main principles of accounting of the grants in the private sector, is determined by the Capital Method and the Revenues Method The Article remonstrates s the basic differences between IPSAS 23 and IAS 20 and provides the author’s view for their improvement.Item Recognition of liabilities arising from pension programs in accordance with IPSAS 39(Ivane Javakhishvili Tbilisi State University Press, 2021) Vardiashvili, Mariam; Maisuradze, MarinaThe article deals with the issues related to the assessment of liabilities arising from employee benefits and recognition thereof in the financial reporting. The methods of assessing the liabilities envisaged under different pension schemes and the distinctions between them are discussed in the context of the defined contribution plan and the defined benefit plan. It is noted that under the defined contribution plan, the obligations of a public entity for each period is determined with the amount to be paid in this period, while the final costs of the defined benefit plan may be influenced by many variables.Item Warranty service accounting issues according to international financial reporting standards(Ivane Javakhishvili Tbilisi State University Press, 2023) Maisuradze, Marina; Vardiashvili, MariamThus, in order to account quality guarantee during the sale of the supplied product, enterprises shall use IAS 37 – “ Provisions, Contingent Liabilities and Contingent Assets”, while in order to eliminate defects arising during use, IFRS 15 “Revenue from Contracts with Customers” shall be used.