Financial Statements (Ratios) Flashcards on Untitled_2, created by Mike Webster on 15/08/2013.
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Created by Mike Webster
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2016-06-11T00:30:44Z
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IAS 2 - Inventory
Inventory is defined as...?
IAS 7 – Cash Flow Statements
What are the three headings required in a statement of cash flow?
IAS 10 – Events after the reporting period
What is an adjusting event?
IAS 10 – Events after the reporting period
What is a non-adjusting event?
IAS 10 – Events after the reporting period
What is an 'event after the reporting period'?
IAS 16 – Property Plant and Equipment
Define 'Property Plant and Equipment'
IAS 16 – Property Plant and Equipment
Define the term 'Depreciation'
IAS 16 – Property Plant and Equipment
Define the term 'Fair value'
IAS 16 – Property Plant and Equipment
Owned assets - how are they accounted for?
IAS 17 Leases
What are the two types of leases ?
