Philippine Accounting Standards

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 Estimates 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

Property, Plant, and Equipment

Question 8

PAS 19

Answer 8

Employee Benefits

Question 9

PAS 20

Answer 9

Accounting for Government Grants and Disclosure of Government Assistance

Question 10

PAS 21

Answer 10

The Effects of Changes in Foreign Exchange Rates

Question 11

PAS 23

Answer 11

Borrowing Costs

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

Investments 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 39

Answer 23

Financial Instruments: Recognition and Measurements

Question 24

PAS 40

Answer 24

Investment Property

Question 25

PAS 41

Answer 25

Agriculture

Question 26

*PAS 11

Answer 26

Construction Contracts

Question 27

*PAS 18

Answer 27

Revenue

Question 28

*PAS 31

Answer 28

Interest in Joint Ventures