Aziz Ki Mayele
JF-Expert Member
- Aug 24, 2015
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Ewaa umeweka vizuri naomba niquote kabisaSoma para .010 kwa utulivu wamezungumzia fs inahusu nini hasa.
Para .011 wamezungumzia general meaning ya element of f/s i.e types or classes of items that are reported in f/s it include notes.
Para .012 anachanganua, hiyo element inajumuisha nini, ndo hapo akasema "may" encampass i.e include assets and the stuffs
Para 011 Elements of financial statements: Refers to the types or classes of items that are reported in the financial statements includes note thereto and related schedules. that is the classes of items around which the financial statement are constructed
Sasa naomba tuifafanue hii definition kwa mfano hapo mwanzoni "Refers to the types or classes of items that are reported in the financial statements" .. Tuseme unavyodai wewe hiyo type of item mojawapo iwe ni SOFP that is reported on Financial Statement
Yaani maana yake ni Statement of financial position (SOFP) that is reported on FS ambayo ndo hiyo pia SOFP
So SOFP is reported on SOFP .. How can this be possible
Pia hapo mwisho aliposema "that is the classes of items around which the financial statement are constructed"
Financial statements (SOFP, SPOL nk ) haziwezi kua classes of items ( items zinapatikana kwenye hizi expenses, assests nk ( kuna assets items nk na hilo unalijua) sasa hizi items ndo zinakua kwenye classes ambazo ni expnse, assets nk ambazo ndo zinaconstruct FS