100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
logo-home
Complete summary International Accounting (2023/2024) (17/20) €5,99   In winkelwagen

Samenvatting

Complete summary International Accounting (2023/2024) (17/20)

 102 keer bekeken  6 keer verkocht

This is a complete summary that I used for the open book exam of the course “D0R50a: International Accounting” given in the year 2023/2024. This is a summary based on: all the slides (including notes), book, online multiple choice questions & open questions from the book. This course is g...

[Meer zien]

Voorbeeld 4 van de 208  pagina's

  • Ja
  • 10 februari 2024
  • 208
  • 2023/2024
  • Samenvatting
book image

Titel boek:

Auteur(s):

  • Uitgave:
  • ISBN:
  • Druk:
Alle documenten voor dit vak (1)
avatar-seller
hehoqmfe
International Accounting

,Course 1: framework, presentation & accounting policies .............................................................. 7
0. Introduction ...................................................................................................................... 7
0.1. Usefulness of accounting ..................................................................................................... 7
0.2. Financial Analysis ................................................................................................................. 7
0.3. Conclusion ......................................................................................................................... 10
1. Chapter 1: The regulatory framework............................................................................... 11
1.1. The need for regulation ..................................................................................................... 11
1.2. Sources of legislation ......................................................................................................... 11
1.3. Generally accepted accounting practice (GAAP) ............................................................... 11
1.4. The International Accounting Standards Board................................................................. 11
1.5. The standard-setting process ............................................................................................ 12
1.6. The purpose of accounting standards ............................................................................... 12
1.7. First-time adoption of international standards (IFRS1) ..................................................... 12
1.8. Chapter 1 Exercises ............................................................................................................ 14
2. Chapter 2: The IASB conceptual framework ...................................................................... 21
2.1. Definition ........................................................................................................................... 21
2.2. Purpose and status of the IASB Conceptual Framework ................................................... 21
2.3. Chapter 2 Exercises ............................................................................................................ 24
3. Chapter 3: Presentation of financial statements (IAS 1) ..................................................... 32
3.1. General features of financial statements .......................................................................... 32
3.2. The Statement of financial position .................................................................................. 32
3.3. Statement of comprehensive income ............................................................................... 34
3.4. Statement of changes in equity ......................................................................................... 34
3.5. The notes to the financial statements ............................................................................... 36
3.6. Chapter 3 Exercises ............................................................................................................ 36
4. Chapter 4: Accounting policies, accounting estimates and errors (IAS 8) ............................ 45
4.1. Accounting policies ............................................................................................................ 45
4.2. Accounting estimates ........................................................................................................ 47
4.3. Prior period errors ............................................................................................................. 48
4.4. Chapter 4 Exercises ............................................................................................................ 49
Course 2: Cash Flows, EPS, segment reporting ............................................................................. 56
5. Chapter 16: statement of cash flows ( IAS 7) ..................................................................... 56
5.1. Cash and cash equivalents................................................................................................. 56
5.2. Classification of cash flows by activity ............................................................................... 56
5.3. Interest, dividends and taxes ............................................................................................. 57
5.4. Reporting cash flows from operating activities ................................................................. 58


2

, 5.5. Disclosure requirements of IAS7 ....................................................................................... 61
5.6. Chapter 16 Exercises.......................................................................................................... 62
6. Chapter 23: Earnings per share (IAS 33) ............................................................................ 67
6.1. Introduction of EPS ............................................................................................................ 67
6.2. Shares issued during the accounting period ..................................................................... 68
6.3. Calculation of Diluted EPS ................................................................................................. 69
6.4. Chapter 23 Exercises.......................................................................................................... 71
7. Chapter 24: Segment Information (IFRS 8) ........................................................................ 73
7.1. Operating segments .......................................................................................................... 73
7.2. Reportable segments......................................................................................................... 73
7.3. Disclosures required by IFRS8............................................................................................ 74
7.4. Chapter 24 Exercises.......................................................................................................... 76
Course 3: PPE, impairment, non-current assets held for sale ........................................................ 78
8. Chapter 8: Property, plant & equipment (IAS 16, IAS 23, IAS 20, IAS 40) ............................ 78
8.1. Property, plant and equipment (IAS 16, IFRS 13) .............................................................. 78
8.2. Main disclosure requirements of IAS 16............................................................................ 84
8.3. Borrowing costs (IAS 23) ................................................................................................... 84
8.4. Government grants (IAS 20) .............................................................................................. 85
8.5. Investment property (IAS 40) ............................................................................................ 87
8.6. Chapter 5 Exercises ............................................................................................................ 88
9. Chapter 6: intangible assets (IAS 38 & IFRS 3) ................................................................... 95
9.1. Intangible assets ................................................................................................................ 95
9.2. Goodwill............................................................................................................................. 97
9.3. IFRS 3: Business Combinations .......................................................................................... 97
9.4. Chapter 6 Exercises ............................................................................................................ 98
10. Chapter 7: Impairment of assets (IAS 36) .........................................................................102
10.1. External and internal indications of impairment ......................................................... 102
10.2. Recoverable amount.................................................................................................... 104
10.3. Recognition and measurement of an impairment loss ............................................... 105
10.4. Cash-generating units (CGUs) ...................................................................................... 106
10.5. Reversal of impairment losses ..................................................................................... 108
10.6. Chapter 7 Exercises ...................................................................................................... 109
11. Chapter 8: Non-current assets held for sale and discontinued operations (IFRS 5) ............111
11.1. Non-current assets held for sale: ................................................................................ 111
11.2. Discontinued operations ............................................................................................. 114
11.3. Chapter 8 Exercises ...................................................................................................... 115


3

, Course 4: Leases ........................................................................................................................117
12. Chapter 9: leases (IFRS 16) ..............................................................................................117
12.1. Definition of a lease ..................................................................................................... 117
12.2. Lease accounting by lessees ........................................................................................ 120
12.3. Lease accounting by lessors......................................................................................... 122
12.4. Sale and leaseback transactions .................................................................................. 124
12.5. Chapter 9 Exercises ...................................................................................................... 125
Course 5: Income taxes ..............................................................................................................129
13. Chapter 15: Taxation in financial statements (IAS 12) .......................................................129
13.1. Current tax ................................................................................................................... 129
13.2. Deferred tax ................................................................................................................. 131
13.3. The tax base concept ....................................................................................................... 135
13.4. Future of tax reporting – towards greater transparency ............................................. 139
13.5. Chapter 15 Exercises.................................................................................................... 140
Course 6: Provisions, subsequent events, employee benefits ......................................................143
14. Chapter 12: Provisions (IAS 37) .......................................................................................143
14.1. Recognition of a provision ........................................................................................... 143
14.2. Measurement .............................................................................................................. 144
14.3. Application of the recognition and measurement rules.............................................. 145
14.4. Contingent liabilities and contingent assets ................................................................ 146
14.5. Events after the reporting period (IAS 10) .................................................................. 147
14.6. Chapter 12 Exercises.................................................................................................... 148
15. Chapter 14: Employee Benefits (IAS19) ...........................................................................151
15.1. Short-term employee benefits .................................................................................... 151
15.2. Post-employment benefits .......................................................................................... 152
15.3. Other Long-Term Employee Benefits........................................................................... 155
15.4. Termination Benefits ....................................................................................................... 156
15.5. Chapter 14 Exercises.................................................................................................... 156
Course 7: Related parties, foreign exchange rates, share based payments ...................................157
16. Chapter 21 – 1:Related party disclosures (IAS 24) ............................................................157
16.1. Related parties............................................................................................................. 157
16.2. Definition of related party and related party transaction ........................................... 157
16.3. Disclosure Requirements of IAS24............................................................................... 158
17. Chapter 21-2: The effect of changes in foreign exchange rates (IAS 21) .............................159
17.1. Foreign exchange accounting ...................................................................................... 159
17.2. Reporting foreign currency transactions ..................................................................... 159


4

Voordelen van het kopen van samenvattingen bij Stuvia op een rij:

√  	Verzekerd van kwaliteit door reviews

√ Verzekerd van kwaliteit door reviews

Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!

Snel en makkelijk kopen

Snel en makkelijk kopen

Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.

Focus op de essentie

Focus op de essentie

Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper hehoqmfe. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €5,99. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 73918 samenvattingen verkocht

Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen

Start met verkopen
€5,99  6x  verkocht
  • (0)
  Kopen