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IAS & IFRS Standards Overview > Consoldiation and Single Full List of Adjustments > Flashcards

Consoldiation and Single Full List of Adjustments Flashcards

1
Q

Adding to share capital?

A

Credit

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2
Q

Adding to share premium?

A

Credit

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3
Q

Dividend paid treatment?

A

Deducted from retained earnings

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4
Q

Depreciation and amortisation treatment?

A

Debit to COS or administrative expense

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5
Q

Gain on revaluation treatment?

A

Credit OCI

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6
Q

Loss on revaluation treatment?

A

Debit OCI
Debit excess in SPL

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7
Q

Annual transfer of retained earnings treatment?

A

Debit RE
Credit Revaluation reserve

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8
Q

Disposal treatment?

A

Proceeds - carrying amount = gain/ loss

Debit loss (to other income)

Credit gain (to other income)

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9
Q

Final amount for investment entry? (IAS 40)

A

Debit SFP

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10
Q

Gain on investment property entry (IAS 40)?

A

Credit gain on sale in investment property

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11
Q

Recoverable amount?

A

Carrying amount - recoverable amount (SFP) = impairment (SPL)1

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12
Q

Lease liability interest cost?

A

Debit finance cost

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13
Q

Lease liability non-current?

A

Credit SFP

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14
Q

Lease liability current? (arrears)

A

Credit SFP (Next year - previous year)

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15
Q

Production costs of inventory?

A

Debit COS

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16
Q

Opening inventory?

A

Debit COS

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17
Q

Closing inventory?

A

Credit COS

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18
Q

Impairment loss accounting treatment?

A

Debit COS

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19
Q

Convertible loan note (equity component)?

A

Credit OCE
Debit Loan notes SFP

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20
Q

Convertible loan note (finance costs (interest - cash coupon)?

A

Debit: Finance cost
Credit Loan notes

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21
Q

IFRS 9 (Loan note not covnertible)

A

Debit finance cost

Proceeds + interest = Balance (SFP)

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22
Q

IFRS 9 FVTPL

A

Initial:
Debit Investment
Credit Bank

Debit Transaction costs
Credit Bank

Subsequent:
Initial investment - amount at FV
Debit Expense
Credit Investment

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23
Q

IFRS 9 FVTOCI

A

Initial:
Debit Investment
Credit Bank

Subsequent:
(FV - initial investment)
Debit Investment
Credit OCI (if gain)

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24
Q

IFRS 9 amortised cost (financial assets)

A

Initial:
Debit Investment
Credit Bank

Subsequent:
Interest received (SPL)
c/f (SFP)

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25
Q

IFRS 9 amortised cost (financial liabilities)

A

Initial: Get net proceeds
Debit Bank
Credit Financial liability

Subsequent:
Finance cost (SPL)
c/f (SFP)

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26
Q

Government grant (Initial)

A

Debit Bank
Credit Deferred income

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27
Q

Government grant depreciation?

A

Debit deferred income
Credit other income

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28
Q

What is deferred income?

A

A credit account

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29
Q

What if grant becomes repayable?

A

Credit Bank
Debit Deferred income
Debit Expense

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30
Q

Dismantling cost?

A

Debit PPE
Credit Provision

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31
Q

Unwinding discount IAS 37?

A

Debit Finance cost
Creidt Provision

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32
Q

Virtually certain contingent asset?

A

Recognised in financial statements

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33
Q

Removal of goodwill from a single entity?

A

Debit revenue
Credit goodwill

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34
Q

Unrealised profit (when parent is seller to subsidiary)?

A

Debit retained earnings (parent)

Credit group inventories

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35
Q

Unrealised profit (when parent is seller to associate)?

A

Debit: Retained earnings

Credit: Investment in associate

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36
Q

Goodwill impairment

A

Debit RE & expense account

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37
Q

Share of profit for associate?

A

Credit retained earnings

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38
Q

PURP if it’s for an associate?

A

Debit: PURP * associate %

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39
Q

Impairment loss if at FV in GRE (% of impairment)

A

Fv % of impairment

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40
Q

Impairment loss if at proportionate in GRE

A

Full impairment

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41
Q

Revaluation surplus?

A

Included in net assets (addition)

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42
Q

Unwinding of discount?

A

Debit retained earnings and finance costs

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43
Q

What is an example of a component of equity?

A

Revaluation

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44
Q

Pre-acquisition profit?

A

Included in retained earnings and recorded at acquisition date (profit earned before acquisition)

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45
Q

Post-acquisition profit?

A

Included in group profit for the year (profit earned after acquisition)

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46
Q

On 1 April 20X7, acquired 116 million of subsidiary’s shares and issued at par one 10% $100 loan note for every 200 shares acquired ?

A

116 * (100/200) = 58

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47
Q

Associate sells goods to parent?

A

Debit Group share of profit to associate * %
Credit: Group inventory * %

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48
Q

Parent sells goods to an associate?

A

Debit: Group inventory * %
Credit: Investment in associate * %

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49
Q

Retained earnings at 1 October 20X2: 35000

Profit for year 30 Sep 20X3: 6200

RE to be included at acquisition if at 1 January 20X3?

A

35000 + (6200 * 3/12) = 36550

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50
Q

Retained earnings at 30 November 20X7: 69000

Profit for the year 30 November 20X7: 9000

RE to be included at acquisition if acquisition at 1 May 20X7?

A

69000 - (9000 * 7/12 post-acq) = 63750

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51
Q

Loss in retained earnings and deduction in carrying value?

A

Deduction from NGVA. Above carrying value and increase in RE are added

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52
Q

What is included in net assets

A

Share capital
Retained earnings (adjustments for PFY)
FVA

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53
Q

Unwinding of interest time apportioned?

A

Yes

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54
Q

Calculate a bonus issue?

A

Equity share capital * (bonus issue, e.g. 1/5)

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55
Q

What happens to gain on disposal?

A

Credit to other income

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56
Q

What happens to other income?

A

Added to operating profit / PBIT

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57
Q

Share of profit for associate?

A

Credit

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58
Q

Investment in associate/

A

Debit

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59
Q

Credit in cash and cash equivalents in TB?

A

Represents a bank overdraft, which is a current liability

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60
Q

Where is a provision in TB?

A

NCL

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61
Q

If a question contains a onerous contract?

A

A provision is entered for both NCL and CL

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62
Q

Bank loan treatment in SFP?

A

Recorded as NCL

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63
Q

A provision put in notes for current tax?

A

Put immediately as current tax in SFP. No further adjustments

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64
Q

Where is NCI in CSFP?

A

Put in equity

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65
Q

PFY figure used for? (PFY and equity shares same reporting date)

A

For adjusting the retained earnings figure in workings

In NVA: Deduct post-acq amount

This gets post-acq RE

In GRE: Add back pre-acq amount

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66
Q

Share of profit of associate?

A

Credit entry

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67
Q

Goodwill impairment?

A

Deducted from group retained earnings

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68
Q

What does charged to SPL mean?

A

Credit

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69
Q

Held for sale impairment?

A

Debit

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70
Q

Agency transaction double entry?

A

Debit Revenue
Credit COS
Credit other income

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71
Q

Profit to date with contract satisfied over time?

A

Work certified revenue (credit revenue) - costs incurred (debit COS) - profit

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72
Q

Contract asset working section C?

A

Revenue recognised - amonuts invoiced = Contract asset ( NCA SFP)

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73
Q

Trade receivable working?

A

Amonuts invoiced to date - amounts received from customers

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74
Q

Intangible asset with indefinite life?

A

Credit SPL

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75
Q

Investment property gain?

A

Credit investment income

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76
Q

Get total number of shares when equity share capital in notes is 75c and share capital in TB is 50c and

A

Amount in TB / 75c = 18m

Share capital: 18m * 50c

Share premium: 18m * 25c

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77
Q

Caddy Co acquired 240000 of 800000 shares of Paddy Co. What is the %?

A

240000 / 800000 = 30%

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78
Q

Parent despatched goods to subsidiary, haven’t been included in the above inventory?

Parent => Sub

A

Debit Inventory
Credit Liability

Also take PURP as it’s inventory
Debit RE
Credit inventory

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79
Q

Parent is due a receivable from subsidiary, this is equivalent to payable in subsidiary records due to goods in transit?

Sub => Parent

A

Debit Payables
Credit Receivable

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80
Q

Investment in associate calculation?

A

Cost of investment + profit in associate - loss in associate - impairment loss - dividend received

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81
Q

Where is a decomissioning provision included in consolidation?

A

Total adjustment is deducted in adjusting and reporting

Interest deducted in reporting

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82
Q

Where is unrecorded share of associate recorded?

A

In RE

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83
Q

Where is outstanding loan interest recorded?

A

In RE

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84
Q

First line in RE?

A

Parent’s 100%

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85
Q

Contract asset?

A

Presented as current asset

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86
Q

How is a grant initially recorded?

A

As deferred income (a credit)

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87
Q

How is depreciation recognised in a grant?

A

Debit deferred income
Credit other income

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88
Q

Increase in provision?

A

Debit operating expenses

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89
Q

ALWAYS DONE BEFORE A FUCKING REVALUATION IN A FUCKING YEAR?

A

DEPRECIATION!!!!!

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90
Q

Lease liability in advance amortisation columns?

A

Balance b/f
Payment
Subtotal
Finance cost
Balance c/f

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91
Q

Lease liability in arrears amortisation columns?

A

Balance b/f
Finance cost
Payment
Balance c/f

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92
Q

Lease liability for the 20X2? (Arrears)

A

Calculate for 20X3

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93
Q

Calculate NRV?

A

(Selling price per unit - cost price per unit) * total number of units

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94
Q

IS A PURP FUCKING TIME APPORTIONED?

A

NO

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95
Q

FVA increase full debits and credits?

A

Debit RE
Debit NCi
Debit PPE
Credit Goodwill

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96
Q

What does net assets represent?

A

From the subsidiary which is consolidated into the company

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97
Q

What to look for in a FVA adjustment?

A

The difference between acquisition and reporting date. As it’s depreciation, it’s always time apportioned

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98
Q

Where is share of profit of associate recorded in CSPL?

A

Added to operating profit

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99
Q

Dividend paid treatment in consolidation?

A

Deducted from investment income * %

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100
Q

Right-of-use asset?

A

Lease liability + direct costs + amounts paid on commencement on date - incentives received

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101
Q

When are transaction costs included? IFRS 9

A

In FVTOCI

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102
Q

Release of grant?

A

Credit in SPL

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103
Q

Bill and hold arrangement double entry?

A

Debit cost of sales
Credit group of inventory

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104
Q

Bargain purchase?

A

Credited to SPL

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105
Q

WHEN ENTERING A SHITTING DEFERRED INCOME SPLIT INTO SFP?

A

Do current liability for a full year

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106
Q

Professional fees incurred during acquisition?

A

Debit to retained earnings

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107
Q

Revaluation surplus in NVA?

A

Positive amount in Acq and reporting date

108
Q

Gain/(loss) on equity investments?

A

Subsidiary is included in NVA
Parent is included in GRE

Loss is debit (decrease)
Gain is credit (increase)

109
Q

Is depreciation charged after asset is classified as held for sale?

A

No

110
Q

Gain on disposal?

A

Credit other income

111
Q

FVTPL entries

A

Debit: Investment
Credit Bank
Debit: Transaction costs (SPL)
Credit: Bank

Subsequent measurement:
Debit: SPL (if loss)
Credit: Investment (if loss)

112
Q

FVTOCI entries

A

(INCLUDES TRANSACTIONS COSTS)
Debit: Investment
Credit Bank

Subsequent measurement:
Debit: Investment (if gain)
Credit: OCI (if gain)

113
Q

Lease liability initial measurement?

A

PV, discoutned at rate implicit to lease

114
Q

Right of use asset initial measurement?

A

Lease liability + other direct costs + payment at commencement date - incentives received

115
Q

Are payments made annually in arrears included in right-of-use asset?

A

No

116
Q

Rights transferred calculation?

A

FV-CV * (PV/FV)

117
Q

Rights retained calculation?

A

Gain - transferred

118
Q

Right of use asset in sale and leaseback calculation?

A

(Rights retained / Proceeds) * Carrying value

119
Q

I buy a new i-Pat (!) for 600 and depreciate it over 4 years. The government likes the idea so gives me 50% towards the cost - udderly amazing I know.

How do I account for the i-Pat and its grant? (Approaches)

A

Deferred income or net off

120
Q

(Discard)

A

(PV/FV) * CV

121
Q

IFRS 5 NCA if FVLCTS < CA?

A

Credit PPE (e.g. 73000)
Debit NCA-HFS (e.g. 68000)
Debit Impairment (e.g. 5000)

122
Q

Is residual value included in depreciation working?

A

Yes if straight line, but not in the original cost entry

123
Q

Tax on a revaluation gain?

A

A debit entry (reduces OCI)

124
Q

Is deferred tax liability a debit or credit?

A

Credit

125
Q

Payments made in advance or arrears in RoU asset?

A

Not included in the initial measurement of RoU asset

126
Q

P buys goods for 100 and sells them to S for 150. S has sold 2/5 of this stock? What is unrealised profit

A

150 - 100 = 50

50 * 3/5 = 30

127
Q

If P buys goods for 100 and sells them to S for 150. S sells 4/5 of them to 3rd parties?
What is unrealised profit

A

150 - 100 = 50

50 * 1/5 = 10

128
Q

WHEN DOES FUCKING IMPAIRMENT OCCUR?

A

CARRYING AMOUNT > RECOVERABLE AMOUNT

129
Q

An example of contingent consideration?

A

A possible future payment of 1,000 if S’s profits increase by 10% each year (FV of this is 400)

FV recorded in the consideration

130
Q

Cash treatment according to IAS 32?

A

Financial asset

131
Q

Examples of an equity instrument of another entity?

A

Shares
Share options
Share warrants

132
Q

Treatment of equity instrument of another entity IAS 32?

A

Financial asset

133
Q

Example of a contractual right to receive cash or another financial asset from another entity?

A

Trade receivable

134
Q

Treatment of contractual right to receive cash or another financial asset from another entity IAS 32?

A

Financial asset

135
Q

Treatment of a derivative instrument standing at a gains?

A

Financial asset

136
Q

What asset is most liquid?

A

Cash

137
Q

What distinguishes equity from a liability?

A

There is no obligation to pay back investment

138
Q

What is a financial instrument?

A

A contract that gives to both a financial asset of one asset and liability/equity of another

139
Q

Financial asset to another entity examples?

A

Trade payable
Debenture loan
Redeemable preference shares

140
Q

Treatment of a contractual obligation to deliver cash?

A

Financial liability

141
Q

Treatment of financial asset to another entity?

A

Financial liability

142
Q

Treatment of a derivative instrument standing at a loss?

A

Financial liability

143
Q

Short-term lease expense double entry?

A

Debit: Lease expense (FS)
Credit: Accruals
Credit: Bank

144
Q

Research costs

A

Debit SPL expense

145
Q

Cash paid for an asset with an indefinite life?

A

Debit SPL expense

146
Q

Asset with indefinite life?

A

Recognised in FSs but not amortised. If carrying amount > recoverable, it is impaired

147
Q

Accrued expenses debit or credit?

A

Credit

148
Q

What is expensed development?

A

Costs after research but before capitalisation

149
Q

WHAT IS FUCKNIG IMPAIRMENT LOSS IN IAS 36?

A

Carrying amount - recoverable amount

150
Q

What represents a change in accounting policy?

A

Where depreciation charges are included
Whether cost model or revaluation model is used
Change in inventory valuation method

151
Q

What represents a change in accounting estimate?

A

Changes in depreciation estimates
Provision for warranty obligations
NRV of inventory
FV of assets or liabilities

152
Q

Is impairment and depreciation the same treatment (e.g. debit or credit)

A

Debit

153
Q

What is meant by relevance?

A

Relevant information capable of making difference in decisions made by users

154
Q

What is meant by faithful representation?

A

Reflects economic substance faithfully and is therefore complete, neutral and free from error

155
Q

What is meant by comparabiltiy?

A

Enables users to identify similarities and differences amongst items (e.g. change in accounting policy)

156
Q

How can information be verified?

A

Model, formula or direct observation

157
Q

What represents timeliness?

A

Balance between timeliness and provision of reliable information

158
Q

What represents understandability?

A

Users who have a reasonable knowledge of business and economic activities

159
Q

If income and expenses arise through change in current value?

A

It can be recognised through OCI

160
Q

Bargain purchase treatment?

A

Credited to SPL

161
Q

Impairment loss if impairment is at FV for group retained earnings?

A

% of impairment. Debit in GRE

162
Q

Impairment loss if impairment is proportionate for group retained earnings?

A

Full impairment. Debit in GRE

163
Q

Profit/loss from discontinued operation?

A

Proceeds - carrying amonut - selling costs

164
Q

How is discontinued operations IFRS 5 shown in SPL?

A

Loss/profit from the operation deducted from continuing operations

165
Q

Inventories purchased from suppliers (relevant ratio)

A

Payables

166
Q

Dividend paid (CSPL)?

A

Deducted from investment income

167
Q

FVA adjustment depreciation represents?

A

Movement negative under FVA both positive rep & acq

168
Q

What always happens with PURP for sub?

A

Credit inventory

169
Q

Goodwill impairment treatment in SPL/

A

Debit in SPL

170
Q

What represents PURP?

A

What is left in inventory

171
Q

Income tax refund credit and debit?

A

Credit SPL
Debit tax asset (current asset SFP)

172
Q

Deferred tax liability double entry?

A

Debit: Income tax expense
Credit: DTL

173
Q

When there are two loans for weighted average (IAS 23)?

A

Get weighted average % and then multiply by amount of loans time apportioned

174
Q

Specific borrowing calculation (IAS 23)?

A

Expenditure (capitalised SFP) - investment income (credit SPL)

175
Q

When are borrowing costs capitalised? (specific borrowing)

A

When they are capitalised

176
Q

When is investment income recognised? (specific borrowing)

A

Before capitalisation

177
Q

Does initial measurement of IP include transaction costs?

A

Yes

178
Q

Calculate value in use with cost of capital of 8% year 1 and 2?

A

Cash flow * 1/1.08
Cash flow * 1/1.08^2

179
Q

Cost of inventory manufacturing overheads based on?

A

Normal

180
Q

Original cost (IAS 2)

A

Purchase price + costs bringing inventory into its present condition *e.g. (labour, materials, manufacturing overheads)

181
Q

NRV (IAS 2)

A

Selling price - costs we might incur in the future (e.g. modifications, selling costs (e.g. advertisement))

182
Q

How to record closing inventory (IAS 2)

A

Debit: inventory
Credit: COS

183
Q

Provision for deferred tax (e.g. deferred tax liability)? (plus potential revaluation)

A

It is added to the current tax

(revaluation is deducted from this figure)

184
Q

Provision for income tax?

A

Added to current tax

185
Q

If cost > NRV?

A

There is a loss. NRV should always be higher

186
Q

Inventory write down calculation?

A

NRV - cost
Debit: COS
Credit: inventory

187
Q

Costs to complete?

A

Deducted from NRV

188
Q

Settlement discounts and NRV?

A

Not deducted

189
Q

Trade receivable balance?

A

Amounts invoiced - amounts received from customers

190
Q

IAS 33 golden rule for rights issue

A

Market price/theoretical price

191
Q

Cost in IAS 2 (before or after)

A

Before year end

192
Q

NRV in IAS 2 (before or after)

A

After year end

193
Q

Consolidated profit to single entity profit debits and credits?

A

Credits deducted and debits added

194
Q

Is share for share exchange included in deferred consideration?

A

No

195
Q

Net asset turnover?

A

Revenue / (Equity + Debt)

196
Q

Goodwill impaired at reporting date?

A

Debit entry

197
Q

Overstatement in opening inventory?

A

Increases COS and reduces gross profit

198
Q

Do qualify as an associate?

A

20 to 50% and significant influence

199
Q

If 50 cents share cpaital?

A

Convert in the NVA working

200
Q

On acquisition the retained earnings of Weston showed a deficit of $10,000 (For NVA)

A

Sub RE at reporting date + 10000

201
Q

A parent sold goods to its wholly owned subsidiary for $1,800 representing cost plus 20%. At the year-end two-thirds of the goods were still in inventory?

A

Selling price: 120%
Markup: (20%)
Cost: 100%

202
Q

Is residual value included in revised amount (e.g. revaluation)?

A

Yes

203
Q

What happens when management intend to use asset for more than a year?

A

There is no provision

204
Q

Only underlying assumption for FSs?

A

Going concern

205
Q

When should a provision only be made (for a contract?

A

It is onerous

206
Q

Provision for trading losses? (Consolidation)

A

Excluded from consolidation

207
Q

Provision for reorganisation costs

A

Included in consolidation

208
Q

What is an onerous contract?

A

Recognised as a provision

209
Q

Is warranty a legal obligation?

A

Yes

210
Q

Intangible asset in net assets?

A

Positive amount, contingent liability is negative

211
Q

Future operating losses?

A

No provision

212
Q

Present value of decomissioning cost?

A

Added to purchase cost of equipment to get the total cost

213
Q

What represents finance income?

A

Effective rate of interest

214
Q

An equity share which is not redeemable and has no restrictions on receiving dividends

A

Equity

215
Q

A preference share that is redeemable for cash at a 10% premium in five years’ time

A

Non-current liability

216
Q

A loan note that is redeemable at par in seven years’ time

A

Non-current liability

217
Q

An irredeemable loan note that pays interest at 7% a year

A

Non-current liability

218
Q

Is deferred tax always a provision?

A

Yes

219
Q

If question asks for balance on the deferred tax account

A

Opening balance is not relevant

220
Q

Taxable temporary difference charge or credit?

A

Charge

221
Q

Allocating the transaction price the same process as allocating goodwill?

A

Yes

222
Q

Providing support services cost for more than a year?

A

Calculate two years for one year

223
Q

Five equal annual payments (in a lease)

A

Payments in advance

224
Q

Can goodwill be an intangible asset?

A

Yes

225
Q

Assets held for research and development?

A

Are tangible non-current assets

226
Q

What are treasury shares?

A

Equity

227
Q

Subsequent measurement for FVTOCI?

A

Shares * FV price

Not including transaction costs

228
Q

When calculating equity dividend?

A

if TB states 20c, always calculate to the $1.This is dividend paid, so debit in RE

229
Q

Included in OCI for FVTOCI?

A

Gain on disposal
Increase in FV

230
Q

Bill and hold arrangement double entry?

A

Debit cost of sales
Credit inventory

231
Q

Prior period adjustment?

A

Debit RE (prior period)
Debit SPL (current year(

232
Q

Is preference dividend deducted to get PFY?

A

Yes

233
Q

Loss on inventory?

A

Deducted from closing inventory

234
Q

Faulty goods returned to suppleir?

A

Treated same as revenue in an inventory calculation

235
Q

If it states (work certified)?

A

This represents the revenue, not total contract

236
Q

If investment property amonut needs correcting in TB?

A

Debit: Accumualted depreciation
Credit: depreciation

237
Q

Provision reversal double entry?

A

Credit SPL
Debit Provision

238
Q

Profit in contract?

A

Work certified revenue - costs to date

239
Q

Sales of $7.8 million were made at a mark-up on cost of 30%

What is the markup cost?

A

7.8 / 1.3 = 6

240
Q

An example of a present obligation?

A

Probable outflow

241
Q

A provision for 100000 for year ended 20X4 was settled for 120000 during 20X5. Accounting entry for 20X5?

A

Debit provision 100000
Debit SPL 20000
Credit cash 120000

242
Q

Investment gain (in consolidation)

A

Credit RE

243
Q

Full impairment of goodwill?

A

Debit RE

244
Q

Cash -in-transit adjusted for the parent?

A

Has no affect on current assets

245
Q

If liabilities are overstated in consolidation?

A

net assets are understated and therefore goodwill is overstated

246
Q

Depreciation an overhead for inventory?

A

Yes

247
Q

Can goodwill be revalued?

A

No

248
Q

Does historical cost overstate gearing?

A

Yes

249
Q

Where is IFRS 5 asset put in FS?

A

In financial statements

250
Q

IFRS 5 calculation

A

Lower of FVLCOD and carrying value - Depreciate to date of reclassification (this is lower of FVLCOD and carrying value)

251
Q

Provision double entry?

A

Debit: SPL
Credit: Provision

252
Q

Fully subscribed rights issue of 1 for 4 (fraction used)?

A

1/4+1

1/5

253
Q

Cumulative gain for FVTOCI treatment?

A

Don’t reclassify to SPL

254
Q

What is a deposit?

A

A current liability

255
Q

How to determine a capital expense?

A

It is separately identified as a component part

256
Q

Correct overstatement of inventory?

A

Debit RE
Credit COS

257
Q

Is discounting time-apportioned?

A

No

258
Q

When calculating using reducing balance method?

A

Always do one year at a time

259
Q

NCI in CSPL?

A

Included at the bottom

260
Q

Profit attributable to owners of the parent CSPL?

A

Total profit - NCI

261
Q

SHARE OF PROFIT OF ASSOCIATE TIME APPORTIONED?

A

NO

262
Q

Where is goodwill impairment included?

A

Included in reporting column for NVA

263
Q

Is tax charge included for associate in CSPL?

A

No

264
Q

Dividend received debit or credit?

A

Credit

265
Q

Goodwill impairment in CSPL?

A

Debit administrative expenses

IAS & IFRS Standards Overview (73 decks)

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