Basic Groups

Question 1

Prep dates and rules

Answer 1

Question 2

Accounting treatment of the investor

Answer 2

Question 3

Exemptions from preparing consolidated statements

Answer 3

Question 4

Subsidary

Control

Power

Answer 4

Question 5

Control aspects

Answer 5

Question 6

Reasons directors may not want to consolidate with a sub

Answer 6

Question 7

Investment entities

Answer 7

Question 8

IFRS 19 - reduced disclosures

Answer 8

Question 9

IFRS 19 - Eligibility

Answer 9

Question 10

Application of IFRS 19

Answer 10

Question 11

To qualify as a business

Answer 11

Question 12

Identifying the acquirer

Answer 12

Question 13

The two methods of measuring NCI

Answer 13

Question 14

Overview of the rules of consolidation

Answer 14

Question 15

Associates

Answer 15

Question 16

Significant influence

Answer 16

Question 17

Intragroup transactions

Answer 17

Question 18

Gain on goodwill

Answer 18

Question 19

Measurement period

Answer 19

Question 20

Exceptions to the normal recognition/measurement rules

Answer 20