Standard Codes & Titles

Question 1

PFRS 1

Answer 1

First-time Adoption of Philippine Financial Reporting Standards

Question 2

PFRS 2

Answer 2

Share-based Payment

Question 3

PFRS 3

Answer 3

Business Combinations

Question 4

PFRS 4

Answer 4

Insurance Contracts

Question 5

PFRS 5

Answer 5

Non-current Assets Held for Sale and Discontinued Operations

Question 6

PFRS 6

Answer 6

Exploration for and Evaluation of Mineral Resources

Question 7

PFRS 7

Answer 7

Financial Instruments: Disclosures

Question 8

PFRS 8

Answer 8

Operating Segments

Question 9

PFRS 9

Answer 9

Financial Instruments

*effective 2018

Question 10

PFRS 10

Answer 10

Consolidated Financial Statements

Question 11

PFRS 11

Answer 11

Joint Arrangements

Question 12

PFRS 12

Answer 12

Disclosure of Interests in Other Entities

Question 13

PFRS 13

Answer 13

Fair Value Measurement

Question 14

PFRS 14

Answer 14

Regulatory Deferral Accounts

Question 15

PFRS 15

Answer 15

Revenue from Contracts with Customers

*effective 2018

Question 16

PFRS 16

Answer 16

Leases

*effective 2019

Question 17

PAS 1

Answer 17

Presentation of Financial Statements

Question 18

PAS 2

Answer 18

Inventories

Question 19

PAS 7

Answer 19

Statement of Cash Flows

Question 20

PAS 8

Answer 20

Accounting Policies, Changes in Accounting Estimates and Errors

Question 21

PAS 10

Answer 21

Events After the Reporting Period

Question 22

PAS 11

Answer 22

Construction Contracts

Question 23

PAS 12

Answer 23

Income Taxes

Question 24

PAS 16

Answer 24

Property, Plant, and Equipment

Question 25

PAS 17

Answer 25

Leases (old)

Question 26

PAS 18

Answer 26

Revenue

Question 27

PAS 19

Answer 27

Employee Benefits

Question 28

PAS 20

Answer 28

Accounting for Government Grants and Disclosure of Government Assistance

Question 29

PAS 21

Answer 29

The Effects of Changes in Foreign Exchange Rates

Question 30

PAS 23

Answer 30

Borrowing Costs

Question 31

PAS 24

Answer 31

Related Party Disclosures

Question 32

PAS 26

Answer 32

Accounting and Reporting by Retirement Benefit Plans

Question 33

PAS 27

Answer 33

Separate Financial Statements

Question 34

PAS 28

Answer 34

Investments in Associates and Joint Ventures

Question 35

PAS 29

Answer 35

Financial Reporting in Hyperinflationary Economies

Question 36

PAS 32

Answer 36

Financial Instruments: Presentation

Question 37

PAS 33

Answer 37

Earnings per Share

Question 38

PAS 34

Answer 38

Interim Financial Reporting

Question 39

PAS 36

Answer 39

Impairment of Assets

Question 40

PAS 37

Answer 40

Provisions, Contingent Liabilities and Contingent Assets

Question 41

PAS 38

Answer 41

Intangible Assets

Question 42

PAS 39

Answer 42

Financial Instruments: Recognition and Measurement (old)

Question 43

PAS 40

Answer 43

Investment Property

Question 44

PAS 41

Answer 44

Agriculture