备考复习阶段fr串讲提分专场二

ASSProvidedby IASIASForeignIASEventsafterreportingIASProvisions,contingentliabilitiesandcontingentIASernment𝑬=𝑬=𝐩𝐫𝐩𝐬𝐩−𝐍𝐞𝐍𝐚𝐞𝐭𝐫CorrespondingpreviousEPS=previousEPS*𝒔𝒉𝒆𝒔𝒉𝒉WANS=sharesbeforeissue* +sharesafterIAS33EPS(2‘-𝐍𝐩𝐍BasicWANS=sharesbeforeissue*WANS=sharesbeforeissue*𝟏+sharesafter 前后作时间权重WANS=sharesafterWANS=sharesafter前后，企业运用的是同一批资本RightsTERP=𝒔𝒉𝒆𝒔∗𝒉𝒉𝒓+TERP=𝒔𝒉𝒆𝒔∗𝒉𝒉𝒓+CorrespondingpreviousEPS=previousEPS𝒔𝒉𝒉CorrespondingpreviousEPS=previousEPS𝒔𝒉𝒉IAS33EPS(2‘-DilutedEPS:研究未来Equity的变化对EarningsConvertibleloannote:

𝑊𝐴+𝑁.ℎ𝑛𝑁𝑛interestexpenseOption:DEPS=𝑊𝐴+𝑁.ℎ𝑛𝑛

𝑁.ℎ𝑛𝑛𝑁No.ofsharesissued =No.ofsharesunder IAS33EPS(2‘-At1January20X8,VernonCohad30million$1equitysharesinissue.On1April20X8,VernonCoissuedanadditional5million$1equitysharesatfullmarketvalue.On1July20X8,VernonCoperformeda2for5rightsissue,at$2·40pershare.ThemarketvalueofaVernonCoshareat1July20X8was$3·10pershare. Issuenewshares

Right

30m 35m 49mStep1:2@$2.40=For5@$3.10= TERP=$20.3/7=$2.9perStep2:WAAC=30000shares*3∗$3.1+35000ℎ𝑛∗3∗$3.1+49000ℎ𝑛∗6= Step3IAS33EPS(2‘-IAS21Foreigncurrency(i.e.₤— Initial

Usingexchangerateatthedateoftransaction 𝑎

UsingaveragerateMonetary(TP;TP;Loan

Translateusingtheclosingexchange

Non-monetaryitems(InvestmentpropertInventory;Revenue

CostFairvalueRevaluation

NOeaTranslateusingtheeaExchangegainor

RecognisedinprofitorIAS21Foreigncurrency(i.e.₤— Steeplechasesoldamachinetoa whichitagreed in€.Thesalewasmadeon120X6for€250,000.€125,000wasreceivedon1November20X6andthebalanceisdueon1January20X7.Theexchangeratemovedasfollows:1October20X6–€0.91to1November20X6–€0.95to$131December20X6–€0.85to$1Atwhatamountwillthereceivablebeshowninthefinancialstatementsat31December IAS10Eventsafterreporting

20x2IAS10EventsafterreportingAdjusting Non-adjusting

Adjust20x1

Ifmaterial,discloseinthe①Saleofinventoryafterthereportingperiodforlessthanitscarryingvalueattheyearend②Insolvencyofacustomerwithabalanceowingatyear③Amountsreceivedorpaidinrespectoflegalorinsuranceclaimswhichwereinnegotiationattheyearend④Erroror⑤Goingconcern

①Acquisitionof,ordisposalof,asubsidiaryaftertheyear②Announcementofa ntodiscontinueafteryear ③Destructionofinventorybynaturaldisastersafteryear④Litigationcommencedafteryear⑤Declareandpaymentof⑥Changeinexchange⑦ChangeintaxIAS10Eventsafterreporting IAS37 Definition:uncertaintiming&;Probable;(probability>;

Legalobligation:fromlegislation/law/ Constructiveobligation:from /CSRreport…Best

Singleevents:makethefullinthemostlikely;Largepopulation:expectedvalue;Reimbursement:recognizedonlywhenitisvirtuallycertain(probability>95%)thatreimbursementwillbeDrReceivablesfromthirdpartyCrOthere FutureoperatingMajor

NOprovision

:DrExpenseCrOnerous(Lossmaking)DrExpenseCrRemoving&Dismantling DrInterest CrSaleanoperation:recognizeafterabindingsaleClosureorreorganization:recognizewhere① n;②announcementDrDrCr presentpresentCr

Includedirectcosts;(i.e.redundancypay;paidrent;penalty…)Excludeongoingcosts;(i.e.retraining/remarketingcosts…)IAS37 ernmentGrants(2‘-ernmentgrants:cash/assetsprovided

ernmentgrantsrelatedtoassets(Capitalgrants);—— 给资产orernmentgrantrelatedtoe(Revenuegrants); 给钱让干“好事ernmentassistance ernmentgrants):NOThaveareasonableCapital Revenue

将grants确认为

DrCrDeferredDrCrDeferredDr CrCr

Dr DrCr CrDeferred CrDrDeferredCrOthere(资产怎么折旧，DI就怎么摊销Repayment(atfullamounts全部还)DrDeferrede ①冲销还未摊DIDrExpense ②多余记费用CrCash(钱已还)/Liability（钱未还

CrPPEDrPPE DrPPE Cr Cr

DrDeferred CrOther Repayment(atfullamounts全部还)DrDeferrede ①冲销还未摊DIDrExpense ②多余记费用CrCash(钱已还)/Liability（钱未还 ernment IASIntangibleIASInvestmentIASBorrowingIASIASIASChangeinaccountingpolicies,estimatesandIAS38Intangible Definition:Identifiable;Controlledbyentity;Futurecash

①Separateacquisition(i.e.license,patent,copyright, rand②Businesscombination(i.e.rand①Customerlist;relationship ;②Researchand

Costmodel=Cost-Accumulatedamortisation-impairmentloss①Finiteusefullife:uStraight-linebasis=Cost/UsefullifeuStarttoamortise:availableforuse/Completefor(两个时间都出现选availablefor②Indefiniteusefullife:NOamortization;MustbeimpairedunderIAS38Intangibleassets(2‘-IAS40InvestmentpropertyDefinition:heldforearnrentalsorcapital Initialmeasuredatcost(Purchaseprice+TransactionCostmodel=Cost-Accumulateddepreciation–Impairmentloss

①NOTFV

②Onlycomparethefair③GainorlosschargedtoDrCrInvestmentpropertyCrDrCrInvestmentpropertyCrCarryingRe-classification(changein

IPatfairvalue—:：PPE—IPatfair:：

CrPPE CrOCIIAS40InvestmentpropertyIAS23Borrowingcosts

①Generally,CrBorrowings②Relatedto“qualifyingassets”:CrBorrowingsDurationfor

Work Borrow/DrawnActivitiesareinterrupted,capitalizationActivitiesarecomplete,capitalizationIAS23BorrowingcostsFundsInterestsonqualifyingDrCr

Temporaryeonunusedborrowings暂时未使用的会产生短期收益DrCashCrInvestmentCapitalisedamounts=Interestsonqualifyingassets–Temporaryinvestmenteonused FundsCapitalisedamounts=Borrowings*weightedaverageinterest $200m $300m Interestrate=$500*8%+$500∗IAS23Borrowing IAS23Borrowing2018/9&12BPPQ25;Q26;一般借款vsIAS2InventoryDefinition:heldforsaleintheordinarycourseofty:ContinuousCount&PeriodicCost=Price

Price:①Beforecomplete;②ProductionMeasurement

Valueofinventory:FIFO;AVCO;(LIFOisnot SOFP:ClosingP/L:Costofsales=Openinginventory+Purchase–Closing

①Rawmaterials: cement②Finishedgoods:NRV=Sellingprice-Selling③WIP=FG’sSellingprice-FG’sSellingexpenses-Costof

Cost<NRV,①Notwrite-downinventory;②InventoryinDrExpenseCrCost>NRV,①write-downinventory;②InventoryinDrExpenseCrDrInventoryCrExpenseCost>NRV,之后NRV回升。则冲销之前的减值，DrInventoryCrExpenseIAS41AgricultureBiologicalassets:livinganimals Agriculturalproduce：harvestedanimals Biologicaltransformation:growth,degeneration,productionandprocreation(Harvest

Biologicalassetsduringbiologicaltransformation;Agriculturalproduceatthepointofharvest;IAS2:Agriculturalproduceafter

iologicalassets

Fairvaluemodel;Costmodel;

Presented Agricultural

Atthedateofharvest:IAS41—Fairvalue-CosttoAfterharvest:IAS2—LowerofcostandIAS2Inventory&IAS41IAS8Changesin ,estimates&errorsNOTconstitutetoIfchanges,NOTconstitutetoIfchanges,Recognitioncriteria;erest(“expensed”—IAS23

Exampleof

Measurementbasis;i.e.PPE(costmodel—revaluationPresentationways;i.e.Depreciation(operatingexpense—costofAdjustopeningretained

Exampleof

Usefullifeofnon-currentResidualvaluefornon-currentDepreciation/amortizationmethods(straight-line—reducingTaxestimatedfortheAllowancefortradeIfchanges,recognized

Prioryear Recognized AdjustopeningretainedCurrentyear

Recognized AdjustcurrentfinancialIAS8Changesin ,estimates&InSeptember20X5,thedirectorsofTriageCodiscoveredafraud.Intotal,$700,000whichhadbeenincludedasreceivablesintheabovetrialbalancehadbeenstolenbyanemployee.$450,000ofthisrelatedtotheyearended31March20X5,theresttothecurrentyear.Thedirectorsarehopefulthat50%ofthelossescanberecoveredfromthe ’sinsurers.DrOpeningretainedDrCrTradeAdditionally,thereimbursementshouldberecognisedonlywhenitisAdditionally,thereimbursementshouldberecognisedonlywhenitisvirtuallycertainthatreimbursementwillbereceivedfromthethirdparty.therefore,thepossibleinsuranceclaimisacontingentassetandshouldbeignored.IAS13FairvalueInputstoLevel1 Quotedpriceofidenticalassets(指定资产)