Table AI.

Disclosure index of Murabaha and Murabaha to the purchase orderer financing

StandardParagraphBrief descriptionScoring possibilities
FAS22/1Use of historical in measuring asset value at acquisitionYes, No, NA
FAS22/2/1Valuation after acquisition: case 1Yes, No, NA
FAS22/2/2Valuation after acquisition: case 2Yes, No, NA
FAS22/2/3Treatment of discount after acquisitionYes, No, NA
FAS22/3Murabaha receivables recorded at cash equivalentYes, No, NA
FAS22/3Murabaha receivables shown in the balance sheetYes, No, NA
FAS22/4/1Profit recognition: short-term MurabahaYes, No, NA
FAS22/4/2Profit recognition: long-term MurabahaYes, No, NA
FAS22/5Deferred profitsYes, No, NA
FAS22/6/1Early settlement, deduction of part profit possibility 1Yes, No, NA
FAS22/6/2Early settlement, deduction of part profit possibility 2Yes, No, NA
FAS22/8Failure to fulfil promiseYes, No, NA
FAS22/8/1Failure to fulfil promise when the promise is bindingYes, No, NA
FAS22/8/2Treatment when the promise is non-bindingYes, No, NA
FAS22/9Disclosure as to whether the promise is bindingYes, No, NA
FAS22/9/2PresentationYes, No, NA

Note:

Number of items in this category: 16

Source: Adopted from Vinnicombe (2012) with modifications

or Create an Account

Close Modal
Close Modal