Ias ifrs Guides d'étude, Notes de cours & Résumés

IAS & IFRS Exam Solved 100% Correct

>>>>>> FRAMEWORKS What if not followed IAS or IFRS? correct answer: Not True and Fair = UNETHICAL Why PRINCIPLES not RULES? correct answer: Principles harder to circumvent Why have a FRAMEWORK? correct answer: Provides guidances for standards setters Gives guidance where no standards exist Helps all parties with intrerpretation 2 x Useful qualities of financial information correct answer: RELEVANCE = Influences Decisions FAITHFUL REPRESENTATION = Complete, Ne...

International Accounting Standards (IAS, IFRS,) Exam with Complete Solutions

IAS 27 (Separate Financial Statements) Exam Questions & Answers 2024/2025 False - ANSWERSThe objective of this Standard is to prescribe the accounting and disclosure requirements for investments in subsidiaries, joint ventures but not associates when an entity prepares separate financial statements. par. 1 True - ANSWERSThis Standard shall be applied in accounting for investments in subsidiaries, joint ventures and associates when an entity elects, or is required by local regulations,...

IFRS Exam 1 | 100% Correct Answers | Verified | Latest 2024 Version 1. What does IFRS stand for? a. International Financial Reporting Structure b. International Financial Reporting Standards c. Intercontinental Financial Reporting Standards d. Intercontinental Finance Reporting Structure - b 2. What is the goal of IFRS? - The goal of IFRS is to achieve a single set of high-quality, common accounting standards used around the world. 3. Identify the correct statement about IFRS us...

IAS & IFRS Exam Solved 100% Correct

How is revenue treated that is receivable 2 years after the goods are delivered? correct answer: The amount of revenue initially recognised is the amount receivable discounted to present value. Interst is then applied to the receivable as interest income over 2 years IFRS 9 requires investments in equity instruments to be measured and accounted for ( in the absence of any election at initial recognition)? correct answer: Fair value with changes going through profit or loss What are acce...

CONCEPTUAL AND PRACTICAL APPROACHES TO THE ASSESSMENT OF ACCOUNTING PRACTICES ACCOUNTING DOCTORAL SCHOOL DOCTORATE THESIS CONTENTS INTRODUCTION 9 Motivation and the importance of research 10 The purpose and objectives of the research 11 Current state of knowledge 12 Research Methodology 14 CHAPTER 1. THEORETICAL APPROACHES OF VALUE AND EVALUATION 19 1.1. Discussions for development of accounting as a science 20 1.1.1. Early Periods ...

FAC3703 ASSIGNMENT 1 SEMESTER 1 2024 Specific Financial Reporting 1 INTRODUCTION Dear Student, We are pleased to welcome you to FAC3703 – Specific Financial Reporting and trust that you will find it both interesting and rewarding. The lecturers wish you success in your studies. You will be well on your way to success if you work hard and start studying early in the semester. This module is a blended module, and therefore it is available on myUnisa, however, in order to support you in ...