The present value of the lease liabilities is the remaining operating lease payments and discounted to present value to date of initial application. The discount rate, such as property, could be by reference to the property loan rate. In Singapore, the property loan rate ranging from 2.1% to 3% pa. The carrying amount of the right of use asset is the present value of the remaining lease liabilitie.
When apply discount on lack of marketability (DLOM) and lack of control (DLOC) on enterprise value (EV), it is a multiple of EV x (1-DLOM) x (1-DLOC). But apply the discount on Equity value would lowe
In accordance with SFRS109, investment in equity instruments must be subsequently measured at fair value. In limited circumstances, cost represents the best estimate when recent information not avail
In contract revenue to recognise using input method, one of the key audit procedures is to ascertain the budgeted cost of the project contract is reasonable. We need to test the underlining assumptio