소개글
[중급회계] 영진약품의 중급회계 사례(영문)에 대한 자료입니다.
목차
1. Company Description
2. Accounting Policies & Key Events
3. Impact of IFRS on the financial statements
4. Contents & Formats of the Financial Statements
5. Other Information
본문내용
External auditor: Samjong KPMG
Recent audit opinion:
Based on our audit report, the financial statements for 31 Dec 2009, 31 Dec 2008 and current financial status as of 1 Jan 2008 and FYE09, FYE08’s financial performance, cash flow contents of Yungjin Pharm Co. are qualified based on the principles of K-IFRS.
1. Revenue recognition
Revenue not recognized until the actual compensating obligations
are fulfilled
2. PP&E
Assets classified as planned for sale are not amortized
3. Intangibles
--> measured by cost
--> initially recognized cost less accumulated depreciation and
accumulated loss.
--> industrial property rights, facility usage rights, software and
intangibles under development.
4. Investment property
property owned for earning rent revenue & profit by appreciation as investment property
depreciation not applied on land
straight-line method
5. Capitalized interest
Interest expense applied only to the interest costs related to qualified assets after the adoption of IFRS