ACCA论坛,ACCA考友论坛-全球ACCA中文论坛|中国ACCA学习网

 找回密码
 立即注册
查看: 1554|回复: 1

ACCA考试科目P7 A change in accounting policy – risk question

[复制链接]

314

主题

479

帖子

2252

积分

准会员

Rank: 5Rank: 5Rank: 5Rank: 5Rank: 5

积分
2252
Gale 发表于 2012-5-28 08:56:54 | 显示全部楼层 |阅读模式
ACCA考试科目P7 A change in accounting policy (Reval to cost model) – risk question


what is the financialstatement risk that arises when the question mentions that the

management wishto change the accounting policy from revaluation model to cost model under

IAS16?
Any past year questionthat test on this before?

95

主题

133

帖子

1133

积分

版主

Rank: 5Rank: 5Rank: 5Rank: 5Rank: 5

积分
1133
高顿ACCA 发表于 2012-5-28 13:12:01 | 显示全部楼层
Following risk can be arised:
1. Risk relating to revaluation reserve , reversing of all the revaluation reserve.
2. The depreciation charged while using revaluation model.
3. The cost on which the asset was actually bought.
4. The corresponding figures need to be adjusted.
5. Why management is shifting the policy from revaluation model to cost model is their too

much decline in the values of company’s fixed asset.
6. The risk of impairment losses.
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

小黑屋|ACCA论坛,ACCA考友论坛-全球ACCA中文论坛|中国ACCA学习网

GMT+8, 2024-11-23 23:19 , Processed in 0.084247 second(s), 24 queries .

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表