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Quote: Mrs Barista "Sweet baby Jesus and the orphans.
That’s not completely correct though is it Mrs Barista?!

There are instances within IFRS when the revaluation gain / loss goes directly through the Income Statement. For instance if a revaluation increase is reversing a previous impairment that went through the P&L.

Since the treatment of including players valuations on the balance sheet is not correct treatment in the accounts – who are we to say what is happening to any revaluation surplus or deficit anyway? That equally could be treated in a way that would best suit the ‘look’ of the accounts.

All I would say is while the clubs accounts are being qualified by the auditors it is best to take the profit figure with a pinch of salt, unless of course you get hold of a copy and can scrutinise the figures behind the profit.

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[quote="Philip Larkin":2lhqd089] There ain’t no music East side of this city That’s mellow like mine is, That’s mellow like mine. [/quote:2lhqd089]:d7dc4b20b2c2dd7b76ac6eac29d5604e_32444.jpg



Quote: Gordon Gekko "It can also help boost a company's credit rating
Sheesh, Michael! Is that so?

Rovers'd better start employing this mighty quick then!

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The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg



Quote: UllFC "the difference between Hulls profit and Rovers loss is 293k...!'"


Are you sure about that?

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Quote: WormInHand "Sheesh, Michael! Is that so?

Rovers'd better start employing this mighty quick then!'"


That would take a collossal breach of standard accounting practice icon_lol.gif

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Quote: Gordon Gekko "That would take a collossal breach of standard accounting practice
They don't know what you mean! icon_lol.gif

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Quote: UllFC "

the way the SL teams accounts are going it'll be a 2 horse championship between us and Leeds in a couple of years!'"


That would be interesting being a hull fan played 27 lost 27 icon_lol.gif

88 posts in 7 pages 
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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover
88 posts in 7 pages 
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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover



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