This is our old Accountancy Forum which is now closed and is only available for reference purposes.
Visit the NEW ACCOUNTANCY FORUM at which is open for registration and discussions.

Accountancy Forum Forum Links » Home | Profile | Active Topics | Members | Search | FAQ
Save Password
Forgot your Password?

 All Forums
 The Profession
 Accounting and Audit
 Classification of Bank Charges
 New Topic  Topic Locked
 Printer Friendly
Author Previous Topic Topic Next Topic  

Unregistered Trainee

3 Posts

Posted - Apr 21 2006 :  12:33:42 PM  Show Profile

I hope all u r fine.Without wasting ur time i will like to highlight my problem that is classification of Bank Charges in FINANCIAL STATMENTS under the roof of income tax rules & Accounting Standards .

Experts opinion is require from Accounting Engneers & Experts.

Muhammad Adnan Arshad

660 Posts

Posted - Apr 21 2006 :  2:04:18 PM  Show Profile  Visit Muhammad Adnan Arshad's Homepage
"BANK CHARGES" are generally treated as "Financial Expenses", so they are classified under the title head of "Financial Expenses" in the note to the accounts (or financial statements), according to the "International Financial Reporting Standards (IFRS)" (formerly called International Accounting Standards (IAS))
Go to Top of Page
  Previous Topic Topic Next Topic  

Follow Accountancy on TwitterFollow Accountancy on Facebook

 New Topic  Topic Locked
 Printer Friendly
Jump To:
Accountancy Forum © 2002 - 2010 Accountancy Go To Top Of Page
This page was generated in 0.05 seconds. Snitz Forums 2000