توازن - تحقیقات حسابداری و حسابرسی
وب سایت شخصی جواد پورغفار - ثبت شده در ستاد ساماندهی پایگاههای اینترنتی ایران

مرتبه
تاریخ : دوشنبه 18 بهمن 1395

1) What are the items of balance sheet?

2) What are the requirements of recognition of assets at balance sheet?

 (a) The firm owns or controls the right to use the item.

(b) It is probable that the future economic benefits embodied in the asset will eventuate; and

(c) The asset possesses a cost or other value that can be measured reliably.

3) If there is no accounting standard for a certain transaction or event, how do we must account for it?

We must search the answer of this question in the same accounting standards and other standards and if there is no answer, use other companies accounting standards. If it did not exist, we have to practice in the industry, in the oil industry, for example, what a way to take into account, for example, to explore; we should adopt relevant financial accounting procedures. Otherwise, the theoretical concepts of financial reporting should be adopted by the relevant accounting practices.

4) What is the difference between systematic and unsystematic risk?

Systematic risk is also known as market risk. This type of risk cannot be eliminated by diversifying assets.

Unsystematic risk is also known as specific risk. This type of risk can be eliminated by including this risk in a diversified portfolio of assets.

5) How do we must account for noncurrent assets held for sale?

1 ) we must discontinue calculating depreciation for this asset

2) we must reclassify the asset and transfer this asset from noncurrent assets classify to current assets classify

3)we must measure this asset at the lower of book value and net selling price

6) What is the basic classification of cash flow statement?

In US and international standards:
class A(  operating activities


Class B
(investment activities


class C
( Financing activities


*But in Iran standards:


class A
( operating activities


Class B
( investment returns and interest payments for financing


C
( Taxes on  Income


D
( investment activities


E
( Financing Activities

7) What are the differences between a change in accounting policy and a change in accounting estimate?

While change accounting policy is accounted for retrospectively, you need to account for change in accounting estimate prospectively.

8) How do we must determine the impairment of noncurrent assets?

        Where the carrying amount of an asset exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present value using a discount rate that reflects current market conditions of the time value of money and the risk specific to the asset. Impairment losses of continuing operations are recognised in the consolidated statements of profit and loss in those expense categories consistent with the function of the impaired asset.

        Where no comparable market information is available, management bases its view on recoverability primarily on cash flow forecasts. In addition to the evaluation of possible impairment to the assets carrying value, the foregoing analysis also evaluates the appropriateness of the expected useful lives of the assets.

9) Explain the methods of measuring fixed assets after initial recognition?

1 ) Cost model: the asset is carried at cost less accumulated depreciation and impairment.

2) Revaluaton model: the asset is carried at a revalued amount, being it's fair value at the date of revaluation less subsequent depreciation and impairment, provided that fair value can be measured reliably.




طبقه بندی: با دانشجویان،  زبان تخصصی، 
ارسال توسط جواد پورغفار
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