10/15/24, 9:38 Kieso IFRS2e SM Ch05 - Solution Manual for book exercise
AM intermediate a…
CHAPTER 5
Statement of Financial Position and Statement of Cash
Flows
1.1.1.1 ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
1.1. Brief Concepts
2
Topics Questions Exercises Exercises Problems for Analysis
1. Disclosure 1, 2, 3, 4, 4, 5
principles, 5,
uses of the 6, 7, 10,
statement 18,
of financial position, 21, 29, 30
financial flexibility.
2. Classification of 11, 12, 13, 1, 2, 3, 4, 1, 2, 3, 8, 1, 2, 3
items 5,
in the statement of 14, 15, 16, 6, 7, 8, 9, 9, 10
financial position 18, 19 10, 11
and
other
financial
statements.
3. Preparation of 4, 7, 8, 9, 4, 5, 6, 7, 1, 2, 3, 4, 3, 4, 5
statement of 16, 17, 20 11, 12, 17 5, 6, 7
financial
position; issues
of format,
terminology, and
valuation.
4. Statement of cash 21, 22, 23, 12, 13, 14, 13, 14, 15, 6, 7 6
flows. 24, 25, 26, 15, 16 16, 17, 18
27, 28
5. Convergence. 31, 32, 33
1.1.2.1
Copyright © 2014 John Wiley & Sons, Inc. Kieso, IFRS, 2/e, Solutions Manual (For Instructor Use Only) 5-1
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,10/15/24, 9:38 Kieso IFRS2e SM Ch05 - Solution Manual for book exercise
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1.1.2.2 ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
3
Learning 1.1.4 Brief 1.1.
Objectives 1.1.5 6 Problems
Exercises Exercises
1. Explain the uses and limitations of a 7
statement of financial position.
2. Identify the major classifications
of the statement of financial 1, 2, 3, 4, 1, 2, 3,
position. 5, 4, 7, 8, 9, 10
6, 7, 8, 9,
10, 11
3. Prepare a classified statement of 1, 2, 3, 4, 1, 2, 3, 4,
financial position using the report 5, 5, 6, 7
and account formats. 6, 7, 9,
10,
11, 12, 17
4. Indicate the purpose of the
statement of cash flows.
5. Identify the content of the statement 13
of cash flows.
6. Prepare a basic statement of cash flows. 12, 13, 14, 15 14, 15,
16, 6, 7
17, 18
7. Understand the usefulness of the
statement of cash flows. 16 15, 16, 18 6, 7
8. Determine additional information
requiring note disclosure.
9. Describe the major disclosure
techniques for financial statements.
1.2
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1.3 ASSIGNMENT CHARACTERISTICS TABLE
1.4 1.6 1.7 Level of 1.8 Time
Item Descriptio Difficulty (minutes)
n
1.9 E5-1.10 1.11 Statement of financial position classifications. 1.12 Simple 15–
20
1.13 E5-12.141.15 Classification of statement of financial position accounts. 1.17 15–20
1.16 Simple 1.22 15–20
1.18 E5-13.191.20 Classification of statement of financial position accounts. 1.27 30–35
1.21 Simple 1.32 30–35
1.23 E5-14.241.25 Preparation of a classified statement of financial
position.1.26 Simple
1.28 E5-15.291.30 Preparation of a corrected statement of financial
position.1.31 Simple
1.33 E5-16.34 1.35 Corrections of a statement of financial position. 1.36 Complex 1.37 30–
35
1.38 E5-17.319.40 Current assets section of the statement of financial positi1o.n4.1 Moderate
1.42 15–20
1.43 E5-18.44 Current vs. non-current liabilities. 1.45 Moderate 1.46 10–15
1.47 E5-19.48 Current assets and current liabilities. 1.49 Complex 1.50 30–35
1.51 E5- 10.52 1.53 Current liabilities. 1.54 Moderate 1.55 15–20
1.56 E5- 11.57 1.58 Statement of financial position preparation. 1.59 Moderate 1.60
25–30
1.61 E5- 12.62 Preparation of a statement of financial position. 1.63 Moderate 1.64 30–35
1.65 E5- 13.66 Statement of cash flows—classifications. 1.67 Moderate 1.68 15–20
1.69 E5- 14.70 Preparation of a statement of cash flows. 1.71 Moderate 1.72 25–35
1.73 E5- 15.74 Preparation of a statement of cash flows. 1.75 Moderate 1.76 25–35
1.77 E5- 16.78 Preparation of a statement of cash flows. 1.79 Moderate 1.80 25–35
1.81 E5- 17.82 Preparation of a statement of cash flows 1.83 Moderate 1.84 30–35
and a statement of financial position.
1.85 E5- 18.86 Preparation of a statement of cash flows, analysis. 1.87 Moderate
1.88 25–35 1.89 1.90 1.91 1.92
1.93
1.94 P5-1.95 Preparation of a classified statement of financial position, 1.96 Moderate
1.97 30–35 periodic inventory.
1.98 P5-12.99 1.100 Statement of financial position preparation 1.101 Moderate
1.102 35–40
1.103 P5-13.10.4105 Statement of financial position adjustment and preparatio1n 106 Moderate
1.107 40–45
1.108 P5-14.1019.110 Preparation of a corrected statement of financial position1 111 Complex
1.112 40–45
1.113 P5-15.11.4115 Statement of financial position adjustment and preparatio1n 116 Complex
1.117 40–50
1.118 P5-16.119 1.120 Preparation of a statement of cash 1.121 Complex 1.12235–45
flows and
a statement of financial position. 1.126 Complex 1.12740–50
1.123 P5-17.124 1.125 Preparation of a statement of cash
flows and
a statement of financial position.
1.128 1.129 1.130 1.131 1.132
1.133 CA51-1.1341.135 Reporting the financial effects of varied transactions. 1.136 Moderate
1.137 20–25
1.138 CA51-2.139 1.140 Current asset and liability classification. 1.141 Moderate 1.142 25–30
1.143 CA51-3.1441.145 Identifying statement of financial position deficiencies. 1.146 Moderate
1.147 30–35
1.148 CA51-4.149 1.150 Critique of statement of financial 1.151 1.15220–25
position format and Simple
content.
1.153 CA51-5.154 1.155 Presentation of property, plant, and equipment.
1.156 Simple 1.157 20–25 1.158 CA51-6.159
1.160 Cash flow analysis. 1.161 Complex
1.162 40–50
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1.164
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