开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

早早 · 2022年11月13日

老师,官网这道题,在说什么?不是很懂

In 2015, a company undertook the following two transactions:

  1. Borrowed money from an insurance company and pledged some of its production facilities as collateral for the loan.
  2. Entered into an agreement with a local construction company to build a new research facility at a fixed price. Construction is to begin by 1 January 2016 and be completed by 31 December 2018.

With respect to required disclosures in the company’s financial statements, which of the following is most accurate? If the company reports under:

  1. US GAAP, only the pledged borrowing must be disclosed.
  2. International Financial Reporting Standards (IFRS), neither transaction must be disclosed.
  3. US GAAP, neither transaction must be disclosed.

Solution


Solution

C is correct. Under US GAAP, neither transaction must be disclosed, but disclosure of both transactions is required under IFRS.

A is incorrect. US GAAP does not require disclosure of either transaction, but IFRS requires that both be disclosed.

B is incorrect. Only IFRS requires that both transactions must be disclosed.

Long-Lived Assets Learning Outcome

  1. Describe the financial statement presentation of and disclosures relating to property, plant, and equipment and intangible assets


1 个答案

lynn_品职助教 · 2022年11月13日

嗨,从没放弃的小努力你好:


同学之所以会觉得这两道官网题不知道在说什么,是因为都出得很不好,要不就是没有及时把过时考纲的题目扯下来,要不就是书上都没有提到。这道题我们教研组找了好久,原版书上是没有相关内容的,同学可以就做简单了解就好,这不是考试的考点,题目是想区分GAAP和IFRS下,1、找保险公司抵押贷款2、签一个固定价格建设施的合同这两项业务是否需要公布。我们直接记住答案,C选项GAAP都不要,IFRS都要。

----------------------------------------------
就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

  • 1

    回答
  • 0

    关注
  • 498

    浏览
相关问题