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Grace Overy
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Decks in this class (31)
Chapter 1 - Conceptual and regulatory framework
What are the attributes that make...,
What is the relevance of informat...,
What principle is implied by the ...
34
cards
Chapter 2: Format of Financial Statements
What is the layout for the statem...,
What is total comprehensive income,
What is other comprehensive income
48
cards
Chapter 3: PPE
What are directly attributable costs,
What are excluded costs,
Can incidental income be deducted...
34
cards
Chapter 4 - Financial Instruments
Give the financial instruments in...,
What is substance over form in re...,
How do you treat redeemable and i...
13
cards
Chapter 5 - Foreign Currency
What are the different types of e...,
What is a monetary item,
What is a non monetary item
14
cards
Chapter 6 - Revenue and Inventories
What is the definition of revenue,
What are the steps to revenue rec...,
What criteria must a contract ful...
31
cards
Chapter 7 - Reporting Financial Performance
Within a question if management s...,
What is retrospective application,
What is a change in presentation ...
23
cards
Chapter 8 - Government Grants
How do you account for revenue gr...,
How do you present a revenue grant,
How do you account for capital gr...
8
cards
Chapter 9 - Intangible Assets
What is an intangible assets,
What are some examples of intangi...,
What does identifiable mean in re...
26
cards
Chapter 10: Provisions and Contingencies
What does ias 37 say about the ke...,
What does ias 37 say about the ke...,
What never leads to a provision
31
cards
Chapter 11: Earnings per share and distributable profits
What is eps used for,
How does ias 33 say earnings per ...,
What is compliance ias 33 earning...
21
cards
Chapter 12: Leases
When does a contract contain a lease,
When does a customer not have the...,
What should you recognise at the ...
29
cards
Chapter 13: Group Accounts: Basic Principles
What happens when one company p l...,
When does p have power and theref...,
What is the key principle underly...
9
cards
Chapter 14: Group accounts: consolidated statement of financial position
How do you calculate goodwill in ...,
How do you calculate nci of a sub...,
How do you calculate the investme...
13
cards
Chapter 15: Group Accounts- consolidated statements of financial performance
What is the form of the cspl,
How do you calculate ownership,
How do you approach w2 consolidat...
22
cards
Chapter 16: Group Accounts: associates and joint arrangements
When is significant influence ass...,
What is joint control,
What is an associate
18
cards
Chapter 17: Disposal of Subsidiaries
How do you calculate the gain los...,
Where is the gain loss on a subsi...,
How is the disposal of a subsidia...
9
cards
Chapter 18: Group Accounts: Consolidated statement of cash flows
How are leases accounted for,
How are lease payments treated in...,
If right of use assets are includ...
11
cards
Chapter 19: UK GAAP
What are the differences between ...,
Does the conceptual framework ide...,
What does the conceptual framewor...
27
cards
Tricky Tutorials: Groups, Financial Instruments, Provisions, Warranties
How does ias 32 determine an obli...,
What are the accounting entries f...,
How do you figure out the liabili...
35
cards
Summary Notes
What are the qualitative characte...,
What are the 4 enhancing characte...,
What is an asset
54
cards
Shorter Questions at the end of the Single Entity Questions
What are the journal entries for ...,
The iasb s conceptual framework i...,
The iasb s conceptual framework i...
25
cards
Summary Notes 2
What are the double entries for c...,
What are the double entries for d...,
What are the double entries for c...
15
cards
Short Questions in Consolidated
Set out the journal entries that ...,
Ifrs 11 joint arrangements requir...,
Explain the single entity concept...
20
cards
Explain Questions 45-49
Frogmette plc purchased 75 of the...,
The fair value of the identifiabl...,
On 1 july 2009 frogmette plc issu...
26
cards
Single Entity Adjustments 1-5
Shortly after the year end a ware...,
On 3 april 2009 a claim was made ...,
Research and development expendit...
44
cards
Single Entity Adjustments 6-10
Tipperary plc measures its proper...,
On 1 january 2013 tipperary plc a...,
During the year tipperary plc dec...
36
cards
Consolidated Statement Adjustments
The intangible asset in watling l...,
Groveway ltd is a joint venture s...,
At 31 march 2012 tongwell plc s t...
6
cards
Explain 50-54
On 1 january 2013 limerick plc en...,
On 1 january 2013 limerick plc ha...,
Limerick plc s building division ...
23
cards
Single Entity Adjustments 11-14
On 1 september 2015 kwano ltd sta...,
The income tax charge for the yea...,
Land and buildings are measured u...
5
cards
Explain 55-59
On 1 january 2016 barbadine ltd p...,
Barbadine ltd s draft individual ...,
Barbadine ltd s individual statem...
20
cards
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FAR
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