PFRS 1-9 Flashcards
What is the full title of the Philippine Financial Reporting Standards (PFRS) 1?
“First-time Adoption of Philippine Financial Reporting Standards”
What number is the accounting standards of “First-time Adoption of Philippine Financial Reporting Standards”?
PFRS 1
What is the full title of the Philippine Financial Reporting Standards (PFRS) 2?
“Share-based payment”
What number is the accounting standards of “Share-based payment”?
PFRS 2
What is the full title of the Philippine Financial Reporting Standards (PFRS) 3?
“Business Combinations”
What number is the accounting standards of “Business Combinations”?
PFRS 3
What is the full title of the Philippine Financial Reporting Standards (PFRS) 4?
“Insurance Contracts”
What number is the accounting standards of “Insurance Contracts”?
PFRS 4
What is the full title of the Philippine Financial Reporting Standards (PFRS) 5?
“Non-current Assets held for Sales and Discontinued Operations”
What number is the accounting standards of “Non-current Assets held for Sales and Discontinued Operations”?
PFRS 5
What is the full title of the Philippine Financial Reporting Standards (PFRS) 6?
“Exploration for and Evaluation of Mineral Resources”
What number is the accounting standards of “Exploration for and Evaluation of Mineral Resources”?
PFRS 6
What is the full title of the Philippine Financial Reporting Standards (PFRS) 7?
“Financial Instruments: Disclosures”
What number is the accounting standards of “Financial Instruments: Disclosures”?
PFRS 7
What is the full title of the Philippine Financial Reporting Standards (PFRS) 8?
“Operating Segments”
