advanced financial accounting 7th edition 19 pptx
advanced financial accounting 7th edition_4 pptx
... (revised 199 3)
● FRED 28 Inventories and Construction and Service Contracts (2002)
● IAS 18 Revenue (revised 199 3)
● SSAP 13 Accounting for Research and Development (revised 198 9)
● SSAP 4 Accounting ... subject of SSAP
12, which was issued in 197 7, amended in 198 1 and revised in 198 7. The 197 7 version was
firmly rooted in the historical cost tradition while the 198 7 revis...
advanced financial accounting 7th edition_10 pptx
... Analysis of turnover for the year by geographical segment
UK US Rest of Europe Total
199 7 199 6 199 7 199 6 199 7 199 6 199 7 199 6
£000 £000 £000 £000 £000 £000 £000 £000
Total sales 15000 20000 10000 8 000 ... profit before tax for the year by geographical segment
UK US Rest of Europe Total
199 7 199 6 199 7 199 6 199 7 199 6 199 7 199 6
£000 £000 £000 £000 £000 £000 £000 £...
advanced financial accounting 7th edition_19 pptx
... Chambers, Accounting, Evaluation and Economic Behaviour, Prentice-Hall, Englewood Cliffs, N.J., 196 6;
R.J. Chambers, ‘Second Thoughts on Continuously Contemporary Accounting , Abacus, September 197 0; ... Contemporary Accounting (CoCoA).
7
Making Corporate Reports Valuable, Kogan Page, London, 198 8.
8
J.C. Bonbright, The Valuation of Property, Michie, Charlottesville, Va., 193 7 (re...
advanced financial accounting 7th edition_20 pptx
... Current Cost Accounting, 622, 623
ED 19 Accounting for Deferred Taxation, 348
ED 21 Accounting for Foreign Currency
Transactions, 477, 488
ED 24 Current Cost Accounting, 622, 623
ED 27 Accounting ... liquidity and financial structure. (10 marks)
ACCA, Advanced Financial Accounting, December 199 1 (20 marks)
21.6 ‘The recognition and correct treatment of holding gains in comp...
advanced financial accounting 7th edition_3 pdf
... historical cost accounting by current cost accounting as the main
basis of accounting have failed, the debate has had a considerable impact on financial
accounting practice. During the 197 0s and 198 0s, ... coterminous accounting period declares a dividend after the end
of the holding company’s year end. (10 marks)
ACCA, Advanced Financial Accounting, December 199 2 (20 m...
advanced financial accounting 7th edition_6 ppt
... of Transactions (199 4, amended 199 8)
● SSAP 21 Accounting for Leases and Hire Purchase Contracts (198 4, amended 199 7)
● IAS 17 Leases (revised 199 7)
● G4+1 Discussion Paper Accounting for Leases: ... 4 Capital Instruments (199 3)
● FRED 23 Financial Instruments: Hedge Accounting (2002)
● FRS 13 Derivatives and other Financial Instruments: Disclosure (199 8)
● FRED 30 Financ...
advanced financial accounting 7th edition_7 pdf
... latest edition is the
7th, published 2001. See Chapters 18 and 19.
Questions
9.1 The objective of FRS 5 – Reporting the substance of transactions, is to ensure that a reporting
entity’s financial ... marks)
CIMA, Financial Reporting – UK Accounting Standards, November 2001 (20 marks)
9.3 Financial Reporting Standard 5 Reporting the Substance of Transactions requires an entity’s...
advanced financial accounting 7th edition_9 doc
... · Financial reporting in practice
Table 11.1 Illustration of profit and loss account format under FRS 3
Continuing operations Discontinued Total Total
Acquisitions operations
199 3 199 3 199 3 199 3 ... complies with both standards.
19
Part B Extending the financial reporting envelope
Accounting for post balance sheet events
One of the desirable characteristics of accounting rep...
advanced financial accounting 7th edition_11 doc
... securities
199 1 506 10 434 7 278 3 034 121
199 2 432 5 941 3 772 2 122 47
199 3 526 7 063 5 690 1 162 211
199 4 674 8 269 5 302 2 823 144
199 5 505 32 600 25 524 6 617 459
199 6 584 30 742 19 551 10 ... Assets (199 7)
● FRS 11 Impairment of Fixed Assets and Goodwill (199 8)
● IAS 22 Business Combinations (revised 199 8)
● IAS 36 Impairment of Assets (199 8)
● IAS 38 Intangible Asse...
advanced financial accounting 7th edition_15 docx
... 199 0 10 2.4
30 September 199 2 9.5 2.0
30 September 199 3 9 1.7
30 September 199 7 10 1.6
31 March 199 8 10.5 1.7
31 August 199 8 11 1.8
30 September 199 8 12 1.8
Requirements
(a) Explain how the financial ... follows:
Kroner to £1
1 January 198 5 10
30 June 199 1 10.5
30 September 199 1 10
31 December 199 1 9.5
Average for 199 2 8
30 June 199 2 8
30 September 199 2 7.5
31 De...