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By:
Ming Bi
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Decks in this class (22)
Group Accounts - the concept of control
What defines control of an entity 1,
What is power in the context of a...,
What are variable returns to the ...
11
cards
Group Accounts- Disposals
When do disposals in group situat...,
Can disposal occur when a sub or ...,
When control is lost through sell...
7
cards
Group Accounts - Piecemeal (Step) Acquisition
Which ifrs standard relates to th...,
What is the approach ifrs 3 adopt...,
Investment to subsidiary 3
11
cards
Group Accounts - Complex groups
What is effective interest used f...,
If company a owns 70 of b and b o...,
If company a owns 70 of b and b o...
6
cards
Group Accounts - Joint Arrangements & DIsclosure of interest in other entities
What is joint control 1,
What are the criteria s when look...,
What are the 2 classifications of...
8
cards
Group Accounts -> FIRS 12- Disclosure of Interest in other entities
What is ifrs 12 used for 1,
Why is ifrs 12 designed 2,
What is a structured entity 3
4
cards
Sustainability Reporting
The emergence of sustainability r...,
What is the view of traditional r...,
What is the problem with the trad...
18
cards
Critique of Sustainability Reporting
Why should entities publish susta...,
Why should entities publish susta...,
Why should entities publish susta...
14
cards
Conceptual Framework - basic substances of financial statement
Economic resource 1,
Asset 2,
Liability 3
8
cards
Conceptual Framework
Purpose of iasb conceptual framew...,
What should we apply when standar...,
Benefits of conceptual framework 3
22
cards
Income Taxes - IAS 12
Current tax ias 12 1,
How is corporation tax treated in...,
Why do we need deferred tax 3
17
cards
Revenue
Definition of revenue 1,
However ifrs 15 does not include ...,
What are the 5 recognition steps ...
25
cards
Employee Benefits - (Pensions)
Ias 19 short term employee benefi...,
Ias 19 termination benefit meaning 2,
Ias 19 post employment benefit me...
35
cards
Share-Based payment (IFRS 2)
What is the agency problem 1,
How did companies try to tackle t...,
What are the 2 main forms of solu...
13
cards
Earnings per share EPS (IAS 33)
What is earnings per share 1,
What else does eps calculation in...,
What does a high price earnings r...
18
cards
foreign Currency IAS 21
What is the currency that an enti...,
Accounting for foreign transactio...,
Accounting for foreign transactio...
9
cards
Agriculture (IAS 41)
What is agriculture activity 1,
Where does agriculture ias 41 not...,
Agricultural activity pick grapes...
7
cards
Recognition and Derecognition of Financial Instruments (IFRS 9)
When are financial instruments re...,
What are the exemptions to the ru...,
When should financial assets be d...
8
cards
Financial Instruments Part 1 (IAS 32, IFRS 9)
Classification of financial instr...,
When is the point of recognition ...,
Financial assets are any assets t...
12
cards
Cryptocurrency (Financial Instruments)
What is cryptocurrency 1,
Who owns these tokens 2,
Does bitcoin meet definitions of ...
11
cards
Compound financial instrument (IAS 32, IFRS 9)
What is a compound instrument 1,
These components needs to be clas...,
Legally compound financial instru...
6
cards
Impairment of Financial Assets (IFRS 9)
Where must ifrs 9 applye 1,
How is impairment ifrs 9 measured 2,
Accounting for trade receivables ...
14
cards
More about
AFR
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