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kirsty kemp
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Decks in this class (23)
What Should Already Know
What items go on the debit side o...,
What items go on the credit side ...,
Errors can fall into which 2 cate...
29
cards
Chapter 1 - Published Financial Statements
What is the sfp,
What is a non current asset,
What is a current asset
20
cards
Chapter 2 - Tangible Non-current Assets
What are asset items,
What are expense items,
Property plant and equipment shou...
15
cards
Chapter 3 - Intangible Assets
What is an intangible asset,
What are some examples of intangi...,
In order to be identifiable the a...
26
cards
Chapter 4 - Impairment of Individual Assets
When would an asset be impaired,
An assets recoverable amount what,
What is the carrying amount
22
cards
Chapter 5 - Non-current Assets held for sale and discontinued operations
What is an asset held for sale,
The conditions must be met for an...,
What is the double entry for non ...
11
cards
Chapter 6 - A conceptual and regulatory framework
Who is the international financia...,
Who are the international financi...,
Who is the ifrs interpretations c...
33
cards
Chapter 7 - Conceptual Framework: measurement
What are the 4 measurement basis,
What is historical cost,
How are assets record
13
cards
Chapter 8 - Other Standards
What is the definition of account...,
What are accounting estimates,
What is an example of an accounti...
33
cards
Chapter 9 - Financial Assets and Financial Liabilities
What is a financial instrument,
Give some examples of financial i...,
What is a financial asset
40
cards
Chapter 10 - Foreign Currency
What is ias 21,
What is functional currency,
When determining its functional c...
15
cards
Chapter 11 - Revenue
What is the five step process for...,
What is a contract,
What are performance obligations
33
cards
Chapter 12 - Leases
What is a lessee,
What is the lessor,
What payments would be included w...
25
cards
Chapter 13 - Taxation
The tax expense in the financial ...,
What is the current tax element,
What is the deferred tax element
31
cards
Chapter 14 - Earnings per share
What is the basic calculation of eps,
What are earnings,
What is number of shares
26
cards
Chapter 15 - IAS 37 and IAS 10
What is a provision,
What is a liability,
What does a legal obligation aris...
35
cards
Chapter 16 - Statement of cash flows
What are cash and cash equivalents,
What are cash flows from operatin...,
What are cash flows from investin...
17
cards
Chapter 17 - Principles of Consolidated Financial Statements
What is a parent,
What is a subsidiary,
What 3 elements does control comp...
8
cards
Chapter 18 - Consolidated Statement of Financial Position
When is control established,
How many workings are there when ...,
What is w1
54
cards
Chapter 19 - Consolidated Statement of Profit or Loss
What are the basic principles whe...,
What consolidated adjustments wil...,
What is the double entry for remo...
13
cards
Chapter 20 - Associates
What is an associate,
What is significant influence,
How much significant influence mu...
18
cards
Chapter 21 - Group Disposals
If a parent sells all its shares ...,
How do we calculate the gain or l...,
What is the gain or loss reported...
11
cards
Chapter 22 - Interpretation of Financial Statements
How do we calculate gross profit ...,
What are some reasons for the mov...,
3
cards
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fr - financial reporting
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