Can hoc thuoc de viet luc lam bai

Question 1

Goodwill defi

Answer 1

Goodwill should be calculated by COMPARING the fair value of the consideration with the FAIR VALUE of identifiable net asset AT ACQUISITION

Question 2

Database trong tinh Goodwill

Answer 2

Intangible asset should be recognised on a biz combination IF THEY ARISE FROM LEGAL OR CONTRACTUAL RIGHTS OR ARE SEPARABLE

It is unlikely that database arises from legal or contractual rights, however a database of customer contacts is Separable because it may be sold to another party.

The database is subsequently amortised over its remaining useful life as a consolidation adjustment (Ý này ko hiểu, nếu lúc thi ko hiểu thì ko viết)

Question 3

Defi Business under IFRS3 “Biz combination”

Answer 3

A business is:
-An integrated set of activities and assets
-That is capable of being conducted and managed for the purpose of providing goods or services to customers, generating income or generating other income from ordinary activities.
-A biz has inputs and processes, which are applied to create outputs

Question 4

Analysis of biz defi under IFRS 3 (sử dụng khi cty có sử dụng outsourced)

Answer 4

-To meet the IFRS3 defi of biz, the acquired set of activities and assets must have inputs (Which Melon does) and substantive processes that can significantly contribute to the creation of outputs.
-To be considered substantive, the acquired process must be:
+Essential to convert an acquired input into outputs
+And the inputs acquired must include an organized workforce capable or performing the process on other acquired inputs to produce outputs.

Question 5

Derecognise financial asset under IFRS9

Answer 5

IFRS9 Financial Instruments requires that a financial asset only qualifies for derecognition once:
-Entity has transferred the contractual rights to receive the cash flows from the asset
-Or entity has retained the contractual rights but has an unavoidable obli to pass on the cash flows to a third party

The substance of the disposal of the bonds needs to be assessed by a consideration of the risks and rewards of ownership

Question 6

Recognition of asset

Answer 6

-Defi of an asset is “an present economic resource controlled by an entity as a result of a past event”
-Recognition must provide relevant information and faithful representation of the asset
-Recognition might not provide relevant information or faithful representation if it is subject to significant uncertainty over its existence and/or its measurement.