UNIT II Short Answer Type Question
Write short note on 1) Revaluation model of PPE (IAS 16) 2) Cost of PPE (IAS 16) 3) De recognition of PPE (IAS 16) 4) Intangible Assets (IAS 38) 5) Internally generated Intangible Assets (IAS 38) 6) Construction contract (IAS 11) 7) Grouping and Segmenting construction contracts (IAS 11) 8) Cost of contract (IAS 11) 9) Held-To-Maturity Investments (IAS 32) 10) Available-For-Sale Financial Assets (IAS 32) 11) Loan Commitments (IAS 32) 12) Financial Guarantee (IAS 32) 13) Impairment and Uncollectibility of Financial Assets (IAS 32) 14) Contingent Assets (IAS 37) 15) Contingent Liabilities (IAS 37) 16) Onerous contracts (IAS 37) 17) Provision for Expected Losses (IAS 37) 18) Defined Contribution Plans (IAS 19) 19) Defined Benefit Plans (IAS 19) 20) Income Tax base (IAS 12) 21) Temporary Differences (IAS 12) 22) Deferred Tax Assets (IAS 12) 23) Vesting (IFRS 2) 24) Share based Payments (IFRS 2)
Long Answer Type Question
1) Describe the recognition and measurement of PP&Es under IFRS. (IAS 16) 2) Describe the recognition and measurement of Intangible Assets under IFRS. (IAS 38) 3) What are the various methods/ways by which Intangible asset can be acquired. Give the measurement and recognition criteria under each method (IAS 38) 4) Give the measurement and recognition criteria for Internally generated Intangible Assets. (IAS 38) 5) Give the recognition and measurement of costs and revenue under different types of contracts (IAS 11) 6) Discuss the classification of financial assets and financial liabilities. (IAS 32) 7) Describe in detail fair value measurement in case of financial instruments. (IAS 32) 8) Write a detailed note on hedge accounting under IFRS. (IAS 32) 9) Write a description of recognition and measurement principles of financial instruments. (IAS 32) 10) Describe the recognition and measurement of provisions, Contingent Assets and Contingent Liabilities under IFRS. (IAS 37) 11) Write in detail the recognition and measurement of employee benefit plans under IFRS. (IAS 19) 12) Discuss the recognition and measurement of post employment benefit plans under IFRS. (IAS 19) 13) Describe the recognition and measurement of current and deferred tax assets and liabilities under IFRS. (IAS 12) 14) Describe the recognition and measurement of biological asset or agricultural produce, agricultural costs and gains and Govt. grants under IFRS. (IAS 41) 15) Discuss the various aspects of share based payments under IFRS. (IFRS 2) 16) Disclosure to be made under all the standards
UNIT III Short Answer Type Question
Write short note on
1) Events after reporting period (IAS 10) 2) Earnings per share (IAS 33) 3) Diluted earnings per share (IAS 33) 4) Antidilutiion 5) Related party transactions(IAS 24) 6) Substance over form in related party disclosures (IAS 24) 7) Interim financial reports (IAS 34) 8) Interim income statement (IAS 34) 9) Selected Explanatory Notes (IAS 34) 10) Foreign currency translation (IAS 21) 11) Operating segments (IAS 8) 12) Reportable segments (IAS 8) 13) CODM (IAS 8)
Long Answer Type Question
1) Discuss the adjusting and non-adjusting events after the reporting period under IFRS. (IAS 10) 2) Describe the accounting aspects of dividends under IFRS. (IAS 10) 3) Discuss in detail the computation of basic and diluted earnings per share under IFRS. (IAS 33) 4) Discuss in detail the meaning of related party and the type of transactions which should be a part of disclosures under IFRS. (IAS 24) 5) Describe the currency translation effects of various assets and liabilities under IFRS. (IAS 21) 6) Discuss the operating and reportable segments under IFRS. Which type of segment related information should be a part of disclosures? (IFRS 8)
