PAS AND PFRS

Question 1

PAS 1

Answer 1

Presentation of Financial Statements

Question 2

PAS 2

Answer 2

Inventories

Question 3

PAS 7

Answer 3

Statement of Cash Flows

Question 4

PAS 8

Answer 4

Accounting Policies, Changes in Accounting Estimate and Errors

Question 5

PAS 10

Answer 5

Events after the reporting period

Question 6

PAS 12

Answer 6

Income Taxes

Question 7

PAS 16

Answer 7

PPE

Question 8

PAS 19

Answer 8

Employee Benefits

Question 9

PAS 20

Answer 9

Accounting for Gov. Grants and Disclosures for Gov. Assistance

Question 10

PAS 21

Answer 10

The Effects of Changes in Foreign Exchange Rates

Question 11

PAS 23

Answer 11

Borrowing Cost

Question 12

PAS 24

Answer 12

Related Party Disclosures

Question 13

PAS 26

Answer 13

Accounting and Reporting by Retirement Benefit Plans

Question 14

PAS 27

Answer 14

Separate Financial Statements

Question 15

PAS 28

Answer 15

Investment in Associates and Joint Ventures

Question 16

PAS 29

Answer 16

Financial Reporting in Hyperinflationary Economies

Question 17

PAS 32

Answer 17

Financial Instruments: Presentation

Question 18

PAS 33

Answer 18

Earnings per share

Question 19

PAS 34

Answer 19

Interim Financial Reporting

Question 20

PAS 36

Answer 20

Impairment of Assets

Question 21

PAS 37

Answer 21

Provisions, Contingent Liabilities and Contingent Assets

Question 22

PAS 38

Answer 22

Intangible Assets

Question 23

PAS 40

Answer 23

Investment Property

Question 24

PAS 41

Answer 24

Agriculture

Question 25

PFRS 1

Answer 25

First Time Adoption of Philippine Financial Reporting Standards

Question 26

PFRS 2

Answer 26

Share-based Payments

Question 27

PFRS 3

Answer 27

Business Combination

Question 28

PFRS 5

Answer 28

Non-current Assets held for sale and discontinued operations

Question 29

PFRS 6

Answer 29

Exploration for and Evaluation of Mineral Resources

Question 30

PRFS 7

Answer 30

Financial Instruments: Disclosures

Question 31

PFRS 8

Answer 31

Operating Segments

Question 32

PFRS 9

Answer 32

Financial Instruments

Question 33

PFRS 10

Answer 33

Consolidated F.S

Question 34

PFRS 11

Answer 34

Joint Arrangements

Question 35

PFRS 12

Answer 35

Disclosure of Interest in Other Entities

Question 36

PFRS 13

Answer 36

Fair Value Measurement

Question 37

PFRS 14

Answer 37

Regulatory Deferral Accounts

Question 38

PFRS 15

Answer 38

Revenue from contract with customers

Question 39

PFRS 16

Answer 39

Leases

Question 40

PFRS 17

Answer 40

Insurance contracts