Consensus Reached
Consensus No. Description Download
FRSIC Consensus 1

Determination of Substantively Enacted Tax Rate for Year of Assessment 2008 and Thereafter

FRSIC Consensus 2

Applicable Accounting Standards for MSC Status Company

FRSIC Consensus 3

Is Fixed Deposit Held on Lien for Bank Guarantee Facilities a Cash and Cash Equivalent?

FRSIC Consensus 4

Accounting treatment for impairment of goodwill in situation where court approval has been obtained to write it off against reserve

FRSIC Consensus 5

Split of the minimum lease payments between the land and the building elements

FRSIC Consensus 6

Accounting for premium paid for transfer of listing status in a reverse takeover scenario (acquisition of the listing status of a company that was not itself a going concern)

FRSIC Consensus 7

Accounting treatment for granting of ESOS by parent company to subsidiary's employees and subsequent recharge by the parent

FRSIC Consensus 8

Revenue recognition for shipping freight services companies

FRSIC Consensus 9

Accounting for rights issue with free warrants

FRSIC Consensus 10

How to compute the majority of the benefits and risks of Special Purpose Entity (SPE) and what constitutes the residual interest in the case where there are different tranches of risks?

FRSIC Consensus 11

When a company changes the measurement basis for its assets which warrants a Prior Year Adjustment, should the related depreciation charges be adjusted retrospectively based on the Revised Definition of Residual Value in accordance with FRS 116?

FRSIC Consensus 12

Sustainable Forest Management Concession Arrangements.

FRSIC Consensus 13

Expenses Permitted to be Written Off Against the Share Premium Account under Section 60 of the Companies Act, 1965.

See also

Upcoming Working Group meeting

Issues undertaken by Industry Task Force

Submission of issue
Consensus reached

 
         
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