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Ming Bi
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Decks in this class (22)
Group Accounts - the concept of control
What defines control of an entity...,
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 how to a...
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,
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
Ifrs 12 is a standard,
Why is ifrs 12 designed,
What is a structured entity
4
cards
Sustainability Reporting
Why is sustainability reporting i...,
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...,
How could an entity being unsusta...,
How could
14
cards
Conceptual Framework - basic substances of financial statement
Economic resource,
Asset,
Liability
8
cards
Conceptual Framework
Purpose of iasb conceptual framework,
What should we apply when standar...,
Benefits of conceptual framework
22
cards
Income Taxes - IAS 12
Current tax ias 12,
How is corporation tax treated in...,
Why do we need deferred tax
17
cards
Revenue
Definition of revenue,
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,
Ias 19 post employment benefit me...
35
cards
Share-Based payment (IFRS 2)
What is the agency problem,
How did companies,
What are the 2 main forms of solu...
13
cards
Earnings per share EPS (IAS 33)
What is earnings per share,
What else does eps calculation in...,
What does a high price earnings r...
18
cards
foreign Currency IAS 21
If an entity operates in,
Accounting for foreign transactio...,
Accounting for foreign transactio...
9
cards
Agriculture (IAS 41)
When does ias 41 agriculture apply,
Where does agriculture ias 41 not...,
Agricultural activity pick grapes...
7
cards
Recognition and Derecognition of Financial Instruments (IFRS 9)
Recognition and derecognition of ...,
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,
Who owns these tokens,
Does bitcoin meet definitions of ...
11
cards
Compound financial instrument (IAS 32, IFRS 9)
C,
These components needs to be clas...,
Legally compound financial instru...
6
cards
Impairment of Financial Assets (IFRS 9)
Where must ifrs 9 applye,
How is impairment ifrs 9 measured,
For many entities the only financ...
14
cards
More about
AFR
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