From a book account to a bank robbery to the scourge of revaluation
The Great Moses Original in Conversation with Iran is an economistRegarding the recording and reporting of tangible and intangible assets in financial statements, he said: The process and principles of reporting standards in the audit of tangible and intangible assets of Iranian companies As Completely compliant with accounting and auditing standards International (IFRS) and at the same time the main basis for reporting assets in the financial statements is cost.
He continued: This is while in the discussion Rate Assets, both tangible and intangible, all over the world, including Iran, data are always discounted and recorded at the daily rate based on the sale price of the asset and after deducting depreciation in the company’s balance sheet. From this side Substantial differences between reporting in financial statements based on auditing standards and valuation procedures Rate Assets are based on their sale price in the financial statements, which are ranked according to standards by companies and authorities, or Valuation presented.
ا Intangible assets for startups
The head of the Audit Organization of the whole country stated that Rate assets As All over the world is based on the present value of the future benefits of the firm or company, he added Rate Start companies آپی Or having intangible assets because the company’s assets will be profitable in the future, the process Rate The company’s future earnings are discounted and recorded at current value.
According to him, the current value of assets as one of the foundations Rate Companies are important while many assets, although they do not have an active market, but by assessing the future cash flow of the company, the current value of assets can be achieved. Found Example Rate The project introduced for the production of urea and ammonia is facing a jump in the price of urea in different time periods.
Great principle refers to the experience of real estate appraisal in Rate I see“Despite the aristocracy of well-known official experts on data, we see that real estate appraisals are sometimes Rate I see It faces noticeable differences and even strange and thought-provoking figures.
The importance of the discount rate for the future value of assets
However, in the field of intangible assets, the process of assessing and discounting the future value of assets is currently faced with much more difficult conditions and difficult forecasts, in which the discount rate is very important. Because with a two or three percent change in the discount rate, the present value of the asset is subject to error and a very high change in the estimated numbers, so one cannot expect a start-up to evaluate the intangible assets of a company. آپی Always report accurate and absolute estimates.
How the auditor of Bank Melli faced the incident of theft of the safe deposit box
Head of the Audit Organization of the whole country about How to record events such as the theft of the National Bank of Iran safe deposit box in the financial statements and the auditor’s view, he said: “The most important issue for the auditor in this regard is to examine the costs and debts that he will incur to the National Bank of Iran.”
He continued: “Of course, most of the stolen property will be fortunately discovered and returned to the people. But in general, the possible damages to the National Bank in this regard should be evaluated.”
Abuse of revaluation is the biggest blow to market confidence
Referring to the use of the issue of tax exemption due to revaluation of assets by most listed companies, the official said: Entered the stock market.
Asset revaluation is merely a numerical and accounting change in corporate financial statements and does not introduce cash flows into the company.
According to him, some publishers and their major shareholders are using the asset revaluation program, while watching گر It was the astronomical growth of their stock prices that, in the face of this situation, a large number of stock market fraudsters ate a small number of shares and suffered heavy losses.
Official experts are responsible for the measurements
Emphasizing the need for maximum accuracy in the process of asset revaluation and selection of qualified persons in the committees of expertise and asset valuation, Bozorg Asl said: Although the transparency of assets is one of the advantages of revaluation of assets, but the ability Reliance Reduces financial information and information asymmetry for the general public using financial statements.
According to him, there should be a guarantee mechanism and regulations Avar Develop and explain that official judicial experts are also responsible for the measurement های Self in reporting I see And valuing assets to the public ذینفعان And be regulatory and legal authorities, because their comments and assessments can affect the fate of some people in the community or ذینفعان Companies inflict irreparable damage.
The business of the super-debtors from the revaluation and the disaster that befell the bank securities
The great principle stated in conclusion: Rate Imaginary or impossible Reliance Some official experts about وثایق Received by banks from the facilities of recipients who today to Super debtors Transformed Banking اندHas caused problems for banks that are unable to liquidate this today وثایق They are not because of the numbering on وثایق The property receiving the facility from the bank has been determined by some official experts and then by revaluing these assets, it has made changes in the debt account and assets of the banks. اند That’s when the bank to collect their claims وثایق The creature is gone, suddenly confronted with a desert or a property that with Rate های The previous one is a long way off.