Academic literature on the topic 'Liabilities classification'

New Zealand standard classification of financial assets and liabilities (interim). Statistics New Zealand, 1996.

Tettenborn, Andrew. "The liabilities of classification societies – more awkward than it looks?" In Liability Regimes in Contemporary Maritime Law. Informa Law from Routledge, 2020. http://dx.doi.org/10.4324/9781003122807-11.

Karl-Philipp, Wojcik, and Krauze Mateusz. "Part II Qualitative Capital Requirements, 3 The Use of EU Regulations to Establish Qualitative Requirements in the Fields of Banking Supervision and Resolution: Their impact on civil law and corporate relationships." In Capital and Liquidity Requirements for European Banks. Oxford University Press, 2022. http://dx.doi.org/10.1093/law/9780198867319.003.0003.

"THE POST 1947 PLAN ERA During the 1950s, the Higher Council of Accounting made the first revision of the 1947 Plan. The new Plan was approved in 1957. The Council mainly devoted its efforts to improving the various elements of the 1947 Plan while retaining its framework and giving the cost accounting section of the plan more flexibil­ ity. A 1962 decree required the 1957 Plan be used in the private economic sector. The 1957 Plan thus became legally binding in over eighty lines of business for which particular plans were developed. Further, in the 1960s, the 1957 Plan served as basis for the development of the Plan for the African, Madagascar and Mauritius Organization (grouping of former French colonies) by a group of experts from the National Council of Accounting and INSEE. With changing economic conditions in France, the passing of new laws, the rapid development of information processing tech­ niques and the internationalization of trade and capital markets, the Accounting Plan needed revision. The need to improve the possibilities for financial and economic analysis offered by the plan’s financial statements played an important role in drafting the revised plan’s conceptual framework; in fact, this consider­ ation dominated the first phase of the revision (1970 to 1975). The new proposed plan changed the classification criteria adopted in the 1947 and 1957 Plans, and introduced a number of innovations. The classification of balance sheet elements according to their de­ gree of liquidity/maturity was replaced by a classification of assets and liabilities according to their economic function in the firm. The impact of tax regulations on accounting income and on the balance sheet was to be shown separately in accounts such as regulated provisions. The presentation of a statement of changes in financial position was to be made mandatory as a result of banks’ and financial analysts’ requests for information about the impact of the firm’s transactions on its financial position. In the income statement, components of production were to be shown separately, and computation of value added was required to meet national accountants' information needs. These changes were ap­ proved by the National Council of Accounting (Conseil National de la Comptabilite) in 1975. Unfortunately, the 1975 Plan could not be adopted as such, since it had to be harmonized with the requirements of the Euro­ pean Economic Community (EEC) directive on company financial statements, which was approved in 1977. The EEC fourth direc­." In Accounting in France (RLE Accounting). Routledge, 2014. http://dx.doi.org/10.4324/9781315871042-54.

"tional breakdown of operations has been maintained in the struc­ ture of the 1982 income statement, which is now divided into four sections namely, operations results, financial results, exceptional results and income taxes. As far as the balance sheet is concerned, the 1947 liquidity/ maturity criterion was retained for the classification of elements, except for financial investments and for liabilities. These elements are shown globally, details of maturity using the one-year criterion being given in notes to the balance sheet. A noteworthy change in the balance sheet concerns the presentation of net income for the period: it has been made part of equity instead of being shown separately as the last element of either the left or right section of the statement. New importance has been granted to the supplementary in­ formation provided with the financial statements. In fact, notes are now regarded as being an integral part of the financial state­ ments, subjected to the concept of true and fair presentation of financial information. Also, supplementary schedules are more nu­ merous than in the 1947 Plan. A schedule presenting assets and liabilities maturities has been added and some summary statistics covering a five year period are requested, concerning such ele­ ments as capital, net income, wages and social security benefits. The three sets of financial statements (the basic set; the op­ tional, developed set; the abridged set, for small enterprises), all based on the basic framework, also represent a new feature of the 1982 Plan. As can be noted from the comparison of the 1982 and 1947 Plans, the successive French committees on normalization had a good basis to work upon and, even if many improvements have been made, several features of the 1947 Plan have been preserved. CONCLUSION Since the 1940s, the road to French accounting standardiza­ tion has been paved by a number of episodes, each building upon the previous stages. First, there was the unofficial 1942 Account­ ing Plan drafted during World War II under government’s initia­ tive. Then, in the 1942-1944 period, the Rational Plan was elabo­ rated under the aegis of the CNOF, a private organization. Follow­ ing the war, the 1947 Accounting Plan was the first plan officially approved by a governmental decree. Subsequently, revised edi­ tions of the 1947 Plan were approved in 1957 and in 1982, the latest version of the plan incorporating European considerations originating from the harmonization at that level." In Accounting in France (RLE Accounting). Routledge, 2014. http://dx.doi.org/10.4324/9781315871042-57.

Tusan, Radoslav. "THE IMPACT OF THE ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS ON THE FINANCIAL SITUATION AND PERFORMANCE OF THE COMPANY." In Sixth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2020. http://dx.doi.org/10.31410/limen.s.p.2020.37.

Agrawal, J. P. N., and S. P. Srivastava. "Methodology of Risk Management in Pipeline Projects." In ASME 2013 India Oil and Gas Pipeline Conference. American Society of Mechanical Engineers, 2013. http://dx.doi.org/10.1115/iogpc2013-9841.

Labor, Bea, and Staffan Lindskog. "On Evaluation of Assessments of Accruals of Future Dismantling Costs." In ASME 2013 15th International Conference on Environmental Remediation and Radioactive Waste Management. American Society of Mechanical Engineers, 2013. http://dx.doi.org/10.1115/icem2013-96100.