1
Q
Benefits of PM
A
- Internal Measures- help investors see what managers think is important
- Better comparisons of other entities in the same sector.
- Strip out items not relevant to current or future operating performance
2
Q
Limitations of Measures
A
- Overly optimistic
- Disguise weak performance
- No standards- comparability harder
- No reconcilliation to FS
- Could be misleading if prominently displayed.
3
Q
A
ACCA SBR Exam Qs
flashcards
Decks in class (31)
# Cards
-
Standards in Brief45
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Ethics7
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IFRS 3- Business Combinations0
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IFRS 13 - Fair Value Measurement2
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IFRS 15- Revenue from Contracts with Customers1
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IAS 1- Presentation of Financial Statements2
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IAS 8- Change in Accting or Errors2
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IAS 10 Events after the reporting period1
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IAS 12- Deferred Tax2
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IAS 16- Non Current Assets3
-
IAS 19 - Employee Benefits5
-
IAS 21- The Effects of Changes in Foreign Exchange Rates3
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IAS 27- Seperate Financial DIsclosures1
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IAS 28- Investments in Associates and Joint Venture2
-
IAS 37- Provisions, Contingent Liabilites & Assets1
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IAS 38- Intangible Assets1
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Changes and developments in financial reporting8
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Summary-Hedges11
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Summary- Materiality0
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Summary-Practice Statements0
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Summary-Leases4
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Summary-Foreign Currency1
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Summary- Pensions2
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Summary Share based payments3
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Summary-CF Statements1
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Summary - IFRS 151
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Summary-Groups2
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Summary-related parties1
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Performance Measures3
-
Summary-Disclosures2
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Summary- Climate CHage1
