[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-156211-en":3,"doc-seo-156211-105":31,"detail-sidebar-cat-0-en-105":95},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},156211,2336464648746,"Skyler","https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",4,"Exam","Financial Reporting Notes by Zubair Saleem - Study Notes","Financial Reporting study notes by Zubair Saleem for SKANS School of Accountancy Lahore, covering core IFRS requirements and related accounting topics. The material explains IAS 1 requirements for structuring general-purpose financial statements, including going concern, accrual basis, and current/non-current distinction. It details scope, purpose, and required prominent disclosures such as reporting entity name, reporting period, presentation currency, and rounding level. Additional chapters address investment property, financial instruments, leases, revenue, taxes, consolidation, asset impairment, and ratio analysis.","Financial Reporting  \nNotes by Zubair Saleem  \nSKANS School of Accountancy Lahore  \nTable of Content  \nContents  \nIAS-1 Presentation of Financial Statements ..................................................................................... 2  \nChapter-3 Investment property ....................................................................................................... 15  \nChapter-4 IFRS-9 Financial instruments ........................................................................................... 19  \nChapter 5-IAS-32 Presentation of Financial Instruments............................................................... 24  \nChapter-6 IFRS-16 Leases ................................................................................................................ 27  \nChapter-7 IFRS-15 Revenue from Contracts with Customers .........................................................35  \nChapter-8 IAS-12 Tax ........................................................................................................................ 42  \nChapter-9 Final accounts..................................................................................................................46  \nChapter-10 Intangible assets ...........................................................................................................47  \nChapter-11 IAS-37 Provision contingent liability and contingent assets ......................................51  \nChapter 12 IAS-36 Impairment of Non-current assets.................................................................... 53  \nChapter-13 “CONSOLIDATION”....................................................................................................... 56  \nChapter-14 IAS-28 Investment in associate .................................................................................... 72  \nChapter-15 Consolidated Statement of Comprehensive Income ...................................................74  \nChapter-16 IAS-8 Change in accounting policy, Estimates and Errors...........................................82  \nChapter-17 IFRS 5 Asset held for sale & Discontinued operations..................................................84  \nChapter 18 IAS-10 Events After Reporting period............................................................................. 1  \nChapter 19 IAS-21 Translation of foreign currency Transactions ..................................................... 3  \nChapter 20-IAS – 33 “EARNING PER SHARE”.....................................................................................4  \nChapter 21-IAS-41 Agriculture ........................................................................................................... 9  \nChapter 22 IFRS-13 Fair Value Measurement ................................................................................. 12  \nChapter-23 Interpretation of financial statements-Ratio analysis................................................ 14  \nChapter 24 IAS-12 Deferred Tax ...................................................................................................... 17  \nChapter 25 IAS-7 Statement of Cashflows....................................................................................... 22  \nChapter 26 IASB Framework .............................................................................................................. 1  \nChapter 27 IAS-23 Borrowing cost ..................................................................................................... 4  \nChapter 28 Government Grants......................................................................................................... 5  \nIAS-1 Presentation of Financial Statements  \nIAS-1 sets out the overall requirements for financial statements,  \nincluding how they should be structured, the minimum requirements for their content and  \noverriding concepts such as going concern, the accrual basis of accounting and the current/noncurrent distinction.  \n1.Scope  \nIAS 1 applies to all gener","cbCaijjaqR6SYqrE","https://ap.wps.com/l/cbCaijjaqR6SYqrE","pdf",85466464,3,1,119,"English","en",105,"# IAS-1 Presentation of Financial Statements\n## Scope\n## Structure of Financial Statements\n# Chapter-3 Investment property\n# Chapter-4 IFRS-9 Financial instruments\n# Chapter-5 IAS-32 Presentation of Financial Instruments\n# Chapter-6 IFRS-16 Leases\n# Chapter-7 IFRS-15 Revenue from Contracts with Customers\n# Chapter-8 IAS-12 Tax\n# Chapter-9 Final accounts\n# Chapter-10 Intangible assets\n# Chapter-11 IAS-37 Provision contingent liability and contingent assets\n# Chapter-12 IAS-36 Impairment of Non-current assets\n# Chapter-13 CONSOlidation\n# Chapter-14 IAS-28 Investment in associate\n# Chapter-15 Consolidated Statement of Comprehensive Income\n# Chapter-16 IAS-8 Change in accounting policy, Estimates and Errors\n# Chapter-17 IFRS 5 Asset held for sale & Discontinued operations\n# Chapter-18 IAS-10 Events After Reporting period\n# Chapter-19 IAS-21 Translation of foreign currency Transactions\n# Chapter-20 IAS-33 EARNING PER SHARE\n# Chapter-21 IAS-41 Agriculture\n# Chapter-22 IFRS-13 Fair Value Measurement\n# Chapter-23 Interpretation of financial statements - Ratio analysis\n# Chapter-24 IAS-12 Deferred Tax\n# Chapter-25 IAS-7 Statement of Cashflows\n# Chapter-26 IASB Framework\n# Chapter-27 IAS-23 Borrowing cost\n# Chapter-28 Government Grants","[{\"question\":\"What does IAS 1 require for the structure of financial statements?\",\"answer\":\"IAS 1 requires entities to clearly identify each financial statement and distinguish them from other information in a published document, and to display key items such as reporting entity name, reporting period, presentation currency, and rounding level as needed.\"},{\"question\":\"Does the notes material allow the term “extraordinary items” in financial statements?\",\"answer\":\"No. The notes state that the word “Extra ordinary item” is specifically disallowed to be used in financial statements.\"},{\"question\":\"What chapters are included beyond IAS 1 in this study notes document?\",\"answer\":\"The document includes chapters on investment property, IFRS 9 financial instruments, IAS 32, IFRS 16 leases, IFRS 15 revenue, IAS 12 tax, consolidation, impairment, earnings per share, fair value measurement, and ratio analysis, among others.\"}]","Financial Reporting Notes by Zubair Saleem - Study Notes | 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