Financial Reporting 2 (ACC2012W)

This is a document that contains the breakdown of the 5 step Revenue recognition process and breaks down the relevant definitions of “Revenue” , “Performance obligations” , “ Variable considerations” and how to disclose Revenue in the notes to the financial statements of an entity . This summary contains detailed lecture examples with solutions and detailed explanations of principles applied as well as addresses common errors made in applying IFRS 15.

Summary of IAS 38 Intangible Assets In-depth notes on important concepts like amortisation and residual values

These are my own personal outline notes for FR2. They are in line with the learning objectives that were given per module. All abbreviations used are on the last page

Summary notes for week for assets in Financial Reporting

Summary for taxes in Accounting

Summary of how to best answer an asset definition question

Summary of important equity concepts

Summary of all that you must know for Financial Instruments

Great summary of the basics of group accounting