Originalfassungen des IAS 10 der Verordnung (EG) Nr. . IFRS 3 Business Combinations . . After the SFP date = Between period end and date authorised for issue. The event provides evidence of conditions that existed at the period end, (This is evidence that debtor was bad at SFP date also), Stock is sold at a loss 2 weeks after SFP date, Property gets impaired 3 weeks after SFP date, (This implies that the property was impaired at the SFP date also), The result of a court case confirming the company did have a present obligation at the year end, The settling of a purchase price for an asset that was bought before the year end but the price was not finalised, The discovery of fraud or error in the year, These are events (after the SFP date) that occurred which do not give evidence of conditions at the year end, rather they are indicative of conditions AFTER the SFP date, Stock is sold at a loss because they were damaged post year-end, (This is evidence that they were fine at the year-end - so no adjustment), Property impaired due to a fall in market values generally post year end. We use cookies to help make our website better. ACCA Audit and Assurance Notes SBR BPP practice & revision kit june 19 5 6079969933444251819 IFRS IN Practice screen SBR-INT- Syllabus FA2018 BPP Taxation (TX) PR Kit 2019-2020 (accajukebox. Events after the reporting period (IAS 10) Impairment of assets (IAS 36) Exploration for and exploration of mineral resources (IFRS 6) IFRIC rejections ; IFRS SME . ACCA F3 IAS 10 Events after the Reporting Period. FR F7 Blog Textbook Tests Test Centre Exams Exam Centre. Why is the answer to providing for the. IAS 38 - Intangible Non Current Assets (66:09) Start; 13. It might take a little while to load so be patient. (This is evidence that the property value was fine at the year end - so no adjustment required). by … Download all ACCA course notes, track your progress, option to buy premium content and subscribe to eNewsletters and recaps. The aim of ACCA Financial Reporting (FR) (F7) is to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyse and interpret those financial statements ACCA Diploma in IFRS (DipIFR) is an international qualification in IFRS developed by the leading professional accounting organisation Association of Chartered Certified Accountants (ACCA). Free IFRS Quizzes IAS 10 – Events After the Reporting Period Quiz ) , () ) Previous Lesson. So kann ein Unternehmen beispielsweise die Bezeichnung „Gesamtergebnisrechnung“ anstatt „Darstellung von Gewinn oder … Latest ACCA DipIFR Book and Exam Kit 2019 At the end of this post, you will find the download link of Latest ACCA DipIFR Book and Exam Kit 2019 in the pdf format. Acowtancy. IAS 10 requires the entity to disclose the following: 1. Reader Interactions. Group accounting – part 2. IFRS 11 Joint Arrangements. FREE Courses Blog. IAS 10 events after the reporting period should be applied • In accounting for events after reporting period. Free ACCA and CIMA on line courses | Free ACCA, CIMA, FIA Notes, Lectures, Tests and Forums Date of Authorization for Issue. This site uses cookies. IAS 16 - Tangible Non-Current Assets (79:42) Start; 11. Comments. The Standard also requires that an entity should not prepare its financial statements on a going concern basis if events after the reporting period indicate that the going concern assumption is not appropriate. 4. For Non-adjusting events the entity should disclose 3. These, ACCA DipIFR Book and Exam Kit 2019 will help you to prepare for your upcoming exams. Acowtancy. Hello Sir, First question is about having a legal obligation. Donate. IAS 10 Events After The Reporting Period from past papers in ACCA FR (F7). The date of authorization of financial statements and related authority. ACCA CIMA CAT DipIFR Search. The objective of this standard is to prescribe: 1. when an entity should adjust its financial statements for events after the reporting period; and 2. the disclosures that an entity should give about the date when the financial statements were authorised for issue and about events after the reporting period. View ACCA F3 / FIA FFA lectures Download F3 notes. his course is based on ACCA FR (F7) syllabus as prescribed by the ACCA. Reporting (FR) Tests Acca questions and answers on ias 16. Why is the answer to providing for the. This e-learning course is part of an e-learning series designed by PwC Academy Hungary which aims to provide a comprehensive overview of the application of IFRS (IAS) standards to finance and accounting experts who are already familiar with fundamental (local) accounting and reporting processes. Students must know that these . Summaries of IAS and IFRS. The conceptual and regulatory framework for financial reporting. IAS 36 - Impairment of Assets (52:44) Start; 15. Please visit our global website instead, Can't find your location listed? • Kayte’s vessels constitute a material part of its total assets. IFRS 12 Disclosure of Interests in Other Entities . However, it may be that more information ABOUT the conditions at the SFP date have come about afterwards and so we should adjust the accounts. Der International Financial Reporting Standard 10 (IAS 10) ist eine Rechnungslegungsvorschrift des International Accounting Standards Board (IASB), der die Bilanzierung und Anhangsangaben von Ereignissen nach dem Bilanzstichtag behandelt.. Diese Seite wurde zuletzt am 14. All of this is explained in IAS 10. Well it may well be that many of the figures in the accounts are estimates at the period end. Its financial impact Worked Example: AB Ltd engaged in manufacturing facility and has year end of 31 December 2012. FR F7. ACCA BT F1 MA F2 FA F3 LW F4 Eng PM F5 TX F6 UK FR F7 AA F8 FM F9 SBL SBR INT SBR UK AFM P4 APM P5 ATX P6 UK AAA P7 INT AAA P7 UK. The course includes practical examples and interim tests to enhance understanding. Login; Select Page. ACCA Financial Reporting (FR) - Non-current assets IAS16 - Practice Questions - Chapter 5 Free ACCA Financial Reporting (FR) Tests Acca questions and answers on ias 16. 10. 1126/2008, es beschreibt den Umgang mit Sachverhalten, die nach Bilanzstichtag bekannt werden, aber noch in die zu berichtende Periode gehören. By Admin ACCA, ACCA F7 Financial Reporting, ACCA … The following events occurred as follows: (a… So we are trying to show what the situation at the SFP date was. Read More . The global body for professional accountants, Can't find your location/region listed? International Accounting Standard 10: Events After the Reporting Period clarifies the accounting treatment for events that occurred after balance sheet date but before financial statements are published. IFRS 10 outlines the requirements for the preparation and presentation of consolidated financial statements, requiring entities to consolidate entities it controls. Contact information for your local office, Virtual classroom support for learning partners, define whether an event is in the scope of IAS 10, define whether an event after the reporting period is an adjusting event, define whether an event after the reporting period is a non-adjusting event, distinguish adjusting and non-adjusting events, identify proper accounting treatment or disclosures for adjusting and non-adjusting events, understand the concept of going concern and its relation to IAS 10. review IAS 10 standard's disclosure requirements. It would not be practicable for preparers to finalise financial statements without a period of time elapsing between the end of the reporting period and the date on which the financial statements are authorised for issue. The most important thing to remember is that the accounts are prepared to the SFP date. IAS 10 Events after the Reporting Period provides guidance as to which events should lead to adjustments in the financial statements and which events shall be disclosed in the notes to financial statements. ACCA BT F1 MA F2 FA F3 LW F4 Eng PM F5 TX F6 UK FR F7 AA F8 FM F9 SBL SBR INT SBR UK AFM P4 APM P5 ATX P6 UK AAA P7 INT AAA P7 UK. If you have found OpenTuition useful, please donate. Cert. ACCA FR Chapter 5 IAS16 Questions. … ACCA Bursary ; Unemployed Graduates Bursary Fund ; ACCA Campus navigational links at the of... Location/Region listed days after you enroll 14 Standard vorgesehenen Begriffe verwenden 31 December 2012 word more. 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