2012 S1 115 financial reporting答疑讨论帖

xiaoxi8413

好久没来了。快考试了，大家复习的怎样？
我生完宝宝都20天了，还没出月。也没时间和大家同步学习了。考完给点考试心得啊，下个semester我也要继续读了。呵呵。。。

cani123456

it is sth mentioned in the IFRS, the tax base of this is 0. Capitalised development cost - means an asset. I just memorise it as a rule/common sense for FR purpose - whatever about development cost - always as an asset in all the circumtances I met in exercises.

[ 本帖最后由 cani123456 于 2012-4-30 13:50 编辑 ]

cani123456

You should see answer on P6.15, in the middle, there is a sentence clearly explained this - should use the depreciation method of the member of the group who are using the plant.

ycnang

大家在讨论下半年的考试吗？

cani123456

后天的考试。。

cathyruining83

Thanks dear, thats fair enough tho. will keep it in mind!~ add oil~~

cathyruining83

another question here: in WORKSHOP M4, Q4, the journal entries are relating to taxable profit and warranty obligations, while in SAT M4 Q14, very similar question, but the journal entries are relating to accounting profit/loss before income tax, and Liability for product warranties.
I am not sure what journal entries should I go with the questions like above in the exam....

cani123456

They are the same, all about reconciliations from accounting profit before tax to taxable profit, warranty obligations = liability for product warranties.

ahqin

请问这是什么意思 the component of other comprehensive of income maybe presented in the statement of comprehensive income before tax with an aggregate amount of tax for all components

cani123456

就是像module5 workshop的case study 1 present的那样，所有item都是before tax的，只有一行income tax包含所有items的tax的和

ahqin

那这个问什么是错的？
a reclassification adjustment is made to other comprehensive income when a revalued item of plant and equipment sold

cani123456

错在revalued item of plant and equipment, reclassification adjustment is for other items - refer to P2.25

wjchen18

那个减掉的share of unrealised profit after tax$1400怎么来的啊？
高手赶紧救火！多谢多谢！

cani123456

5000 unrealised profit of sale of inventory *0.7(net of tax)*0.4(NCI %)

ahqin

那个是你的unrealised profit 嘛~ 5,000 x 0.7 = 3,500    然后你有40% 的share 就
40%x 3,500 = 1,400

ahqin

可是如果我卖了一个revalued item之前recognized的都不可以reverse
吗？

ahqin

还有就是 which of the following items must be separately presented in the statement of financial position?
a) net assets
b. issued capital and reserve
c. non financial assets
d assets revaluation surplus

为什么答案是b ?不可以是其他的呢？

georgetf

P2.32, IAS 1, para 54

The list includes cash and cash equivalents, inventories, provisions and issued capital and reserves.

不管你信不信, IAS就是這樣寫.

louis140

115是open book 考试的？ 神马都可以带入考场？

ahqin

请问这一题， even if an asset generates cash flows independent of other assets, the recoverable amount of the CGU to which the assets belongs must still be estimated

我有点不明白他为什么是错的

NeoLife

在计算Goodwill 时候， 如果有contingent liability, 应该不算在内吧，since it is just disclosed in notes, not disclosed in B/S.

cani123456

要reverse什么？是说没有reclassification adjustment

cani123456

因为是规定。。

cani123456

RA是在individual asset的基础上estimated的了

cani123456

不明白你在问哪里的知识点。。goodwill怎么跟contingent liability有关系啦？

NeoLife

http://www.oursteps.com.au/bbs/v ... B%E8%80%83%E9%A2%98

好心人 考题回顾
short3:
calculate bargin purchase or goodwill
1200K for 400K shares,40% interest,fair value of sub. asset 300K
fair value of shares 1200K,sub. have 100K contingent liable, fair value of net identifiable asset 60K......others forgot====3 marks

cani123456

contingent liability是算在的·~when business combination

NeoLife

谢谢，找到了 书上Exceptions to recognition or measurement principles.

cani123456

在哪页？我就记得point,  哪页懒得找了。。上午刚弄完一科。。精疲力尽。。

cathyruining83

我知道你说的意思，但是这两个题都是让记journal entry的，答案里一个是根据taxable profit和provision记的，另一个好像是根据accounting profit记的，所以我不太明白究竟该根据哪个来记journal。