NO.PZ201812100100000406
问题如下:
Based on Exhibit 1 and Note 1 in Exhibit 2, the amount that Ambleu should include in its 31 December 2017 revenue from Cendaró is closest to:
选项:
A.
NVK10.60 million.
B.
NVK13.25 million.
C.
NVK19.73 million.
解释:
A is correct.
Crenland experienced hyperinflation from 31 December 2015 to 31 December 2017, as shown by the General Price Index, with cumulative inflation of 128.2% during this period. According to IFRS, Cendaró’s financial statements must be restated for local inflation, then translated into Norvoltian kroner using the current exchange rate. The 2017 revenue from Cendaró that should be included in Ambleu’s income statement is calculated as follows:
Revenue in CRG × (GPI 31 December 2017/GPI average 2017) = Inflation-adjusted revenue in CRG
CRG125.23 million × (228.2/186.2) = CRG153.48 million
Inflation-adjusted revenue in CRG/31 December 2017 exchange rate (CRG/NVK) = Revenue in Norvoltian kroner
CRG153.48 million/14.4810 = NVK10.60 million
解析:考点是hyperinflation情况下translate方法。母公司遵循IFRS,因此在转换C公司报表之前需要先restate,然后再使用current exchange rate转换(注意不是current rate method)。C公司当年的revenue是125.23,restate要基于平均值:125.23*(228.2/186.2)=153.48CRG,当前汇率是14.4810CRG/NVK,转换后的revenue是153.48/14.4810=10.6NVK
1:题目中同时有inflation rate 和cpi应该用哪个?
2:我看了一个老师的回答,说是因为题目中cpi的数据比较完整(有average的cpi)是因为这个原因吗?那average的cpi 不能手算吗?何老师上课的时候都是手算的average,期初+期末,再除以2。考试中碰到了应该怎么做?