Recognition: Difference between revisions
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imported>Doug Williamson (Create the page to align with qualifications material.) |
imported>Doug Williamson (Link with Derecognition page.) |
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*[[Balance sheet]] | *[[Balance sheet]] | ||
*[[Derecognition]] | |||
*[[IAS 39]] | *[[IAS 39]] | ||
*[[Income statement]] | *[[Income statement]] | ||
Revision as of 11:16, 18 July 2015
Financial reporting.
Recognition is the identification and inclusion of an item in one or more of a (i) balance sheet, (ii) income statement, (iii) statement of changes in equity or (iv) cash-flow statement.
Certain items which are not recognised and incorporated into any of these four statements may still be disclosed in the accompanying notes to the financial statements.
