Insurance Contracts: Why IFRS 17?
By Irene Peter Atolo FCA, ACCA(DipIFRS) FCIIN. To aid understanding, the essay is broken into the following sub-topics: 1.
Provisions, contingent liabilities and contingent assets
By Irene Peter Atolo, FCA, FCIIN The topic is arranged in the following headings to ease understanding. 1 Introduction 2.
IFRS 5 Non-Current Assets held for Sale and Discontinued Operations
By Irene Peter Atolo, FCA, FCIIN In our earlier discussion, I made mentioned of classification of assets which included
Accounting policies and notes to accounts
By Irene Peter Atolo, FCA, FCIIN The financial statements of an entity as earlier mentioned comprise of Statement of Financial
On statement of changes in equity
By Irene Peter Atolo, FCA, FCIIN My grandpa was a farmer. The major products on his farm were yam, rice, and maize. In
New technology: Threat or opportunities
By Irene Peter Atolo “Good morning sir. I really want to appreciate you for your kind support. I am so grateful sir. “I have
The Statement of Profit or Loss
By Irene Peter Atolo My shareholder-activist friend always asks anyone he sees at the venue of an Annual General Meeting
On Structure of Statement of Financial Position
By Irene Peter Atolo When you visit a construction site of a civil engineer and ask him about the building, he will tell you
On the components of financial statements
By Irene Peter Atolo In my first piece in this column, I defined Financial Statements, their uses and the users, their
Financial Reporting: Expectations
By Irene Peter Atolo When Nigeria adopted the global accounting standards called IFRS (International Financial Reporting