Podcast
Questions and Answers
Which financial reporting standards are applicable to Agriculture?
Which financial reporting standards are applicable to Agriculture?
- IFRS 6
- IAS 41 (correct)
- IFRS 17
- IFRS 9
Which standard is related to the Exploration or Evaluation of Mineral Resources?
Which standard is related to the Exploration or Evaluation of Mineral Resources?
- IFRS 7
- IFRS 9
- PFRS 6
- IFRS 6 (correct)
Which standard is related to Financial Instruments and Financial Instruments Disclosures?
Which standard is related to Financial Instruments and Financial Instruments Disclosures?
- IFRS 9 and 7 (correct)
- IFRS 6
- PFRS 9
- IFRS 17
Which industry has distinct accounting policies developed for specialized transactions and balances?
Which industry has distinct accounting policies developed for specialized transactions and balances?
Which standard is applicable to Insurance Contracts?
Which standard is applicable to Insurance Contracts?
Which industry is likely to have specific financial reporting standards applicable to them?
Which industry is likely to have specific financial reporting standards applicable to them?
Which standard is related to the Exploration or Evaluation of Mineral Resources?
Which standard is related to the Exploration or Evaluation of Mineral Resources?
Which industry has distinct accounting policies developed for specialized transactions and balances?
Which industry has distinct accounting policies developed for specialized transactions and balances?
Which standard is applicable to Insurance Contracts?
Which standard is applicable to Insurance Contracts?
Which standard is related to Financial Instruments and Financial Instruments Disclosures?
Which standard is related to Financial Instruments and Financial Instruments Disclosures?
Flashcards
IAS 41
IAS 41
IAS 41 provides the accounting treatment for biological assets and agricultural produce.
IFRS 6
IFRS 6
IFRS 6 specifies the financial reporting for exploration and evaluation of mineral resources.
IFRS 9 and 7
IFRS 9 and 7
IFRS 9 provides guidance on recognition and measurement of financial assets and liabilities; IFRS 7 deals with disclosures.
Specialized Industries
Specialized Industries
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IFRS/PFRS 17
IFRS/PFRS 17
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