Buy custom Accounting Analysis Of Virgin Blue
Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
7 / 1712 |
Essay's paper body
No provision
Loyalty Program Accounting
Income: 3rd party rights to rewards Revenue is deferred and recognised when the points are redeemed. No loyalty program
Points earned to travel on Group airline service Revenue is deferred and recognised when the points are redeemed. No loyalty program
Government Grants
Recognised at fair value when there is reasonable assurance that the grant will be received? Yes Yes
Grants relating to costs are deferred and recognised over the period necessary to match them with the costs that they are intended to compensate? Yes Yes
Government grants relating to the purchase of property, plant and equipment recorded as deferred income? Yes Yes
Inventories
Cost – FIFO basis Yes
Yes, for majority of stock categories
Financial Instruments
Hedge accounting Effective portion of changes in fair value are recognised directly in equity and ineffective part is recognised in profit or loss...
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No loyalty program
Points earned to travel on Group airline service Revenue is deferred and recognised when the points are redeemed. No loyalty program
Government Grants
Recognised at fair value when there is reasonable assurance that the grant will be received? Yes Yes
Grants relating to costs are deferred and recognised over the period necessary to match them with the costs that they are intended to compensate? Yes Yes
Government grants relating to the purchase of property, plant and equipment recorded as deferred income? Yes Yes
Inventories
Cost – FIFO basis Yes
Yes, for majority of stock categories
Financial Instruments
Hedge accounting Effective portion of changes in fair value are recognised directly in equity and ineffective part is recognised in profit or loss...
Essay fragment
General points of the essay
Accounting Analysis Of Virgin Blue
accounting for income taxes
Marketing analysis of Jetstar and Virgin Blue airlines
discuss the role of the financial accounting and managerial accounting functions in organizations
The Differences Between Financial Accounting And Management Accounting
Lean Accounting and the Basics of Accounting
Managerial accounting vs Financial accounting
Accounting Analysis
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Virgin Blue
Kudler Customer Loyalty Program
Virgin Blue Airlines
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