来源：中博 | 更新：2017/9/4 0:00:00 | 关键词：ACCA考试重点
W1 group structure(shareholding%,date of acquisition)
W2 net assets of subsidiary at date of acquisition and date of
W3 purchase consideration and goodwill
W4 non-controlling interest at date of consolidation
W5 group retained earing
W6 investment in associate
?intra-group transfer of non-current assets
?Revaluation of Assets at Acquisition
?Inter Company Debt(Cash/inventory in transit)
?cash paid to acquire non-current assets
?Capital repayment of finance lease
?ROCE：Profit before interest and taxation/Total assets less current liabilities(Equity+long term liability)
?Assets turnover：Sales/Capital employed
?Gross profit margin：PBIT/Sales
?Current ratio：Current ratio=Current assets/Current liabilities
?Quick ratio：Current assets less inventory/Current liabilities
?Inventory days：Inventory/Cost of sales×365 days
A lengthening inventory turnover period from one year to the next indicates a slowdown in trading or the investment in inventories is becoming excessive.
?Receivable days：Trade receivables/Sales×365 days
Increasing collection period indicates a poorly managed credit control function.
if we add together the inventory turnover period and receivables collection period,this should give us an indication of how soon inventory is converted into cash
?Payable days：Trade accounts payable/Purchases（cost of sale）×365 days
The cash cycle=Inventory turnover period+Accounts receivable collection period-Accounts payable payment period:
gearing is an attempt to quantify the degree of risk involved in holding equity shares in a company
Interest cover=Profit before interest and tax/Interest charges
The interest cover ratio shows whether a company is earning enough profits before interest and tax to pay its interest costs comfortably.
Earnings per share
Dividend cover:Earnings per share/Dividend per(ordinary)share
P/E ratio:A high P/E ratio indicates strong shareholder confidence in the company and its future
?IAS 16 Non-current assets（Property,plant and equipment）
?Cost model VS Revaluation model
?IAS 12 Taxation（Income taxes）
?Estimated income tax on taxable profis
?Add:underprovision for tax charges in the previous year
?Less:overprovision for tax charge in the previous year
?Adjustment for the deferred tax
?IFRS 9 Financial instruments
?through profit or loss
?through other comprehensive income
?All leases will be brought on to the statement of financial position,except the lease term of 12 months or less and the underlying asset has a low value.
?A combined contract where part of the payment is for the lease of the asset and part of the payment is for the provision of additional services by the lessor then the lessee needs to spit the rental into a lease component and non-lease component.The payment by the lessee is to be allocated based on the stand-alone prices of the components.
?At the start of the lease the lessee initially recognises a right-of-use asset and a lease liability.
?Initially the right-of-use asset will be measured at the amount of the lease liability plus any initial direct costs incurred by the lessee.And the lease liability will be measured at the present value of the lease payments payable over the lease term,discounted at the rate implicit in the lease.
?Subsequently,the right-of-use asset will be measured at cost less accumulated depreciation and the financial liability will be measured at amortised cost
?IAS 37 Provisions,contingent liabilities and contingent assets
?There is a present obligation as a result of a past event.
?Probable a transfer of economic benefits will be required to settle the obligation.
?A reliable estimate can be made of the obligation.
?IAS 36 Impairment loss
Recoverable amount will be the HIGER of
(a)Fair value less costs to sell
(b)Value In Use
?IFRS 15 Revenue
?Where a contract contains more than one distinct performance obligation,a company allocates the transaction price to all separate performance obligations in proportion to the stand-alone selling price.
?Long-term contract:profitable?The percentage of completion
?Contract asset or contract liability
?Costs incurred to date
?+Total recognized profits
?-Progress billings received
?IAS 38 Intangible Assets
?Capitalization of development cost
?Probable future economic benefits
?Intention to complete and use asset
?Resources exist to complete development
?Ability to use/sell asset
?Expenditure attributable to the asset can be measured reliably
?IAS 40 Investment Property
?Fair Value Model
?IAS 33 Earnings Per Share(EPS)
?Issue at full market price&Buy-back of shares
?Share number weighted on a time basis
?No time weighting,adjust previous year EPS
?Rule=calculate the"Theoretical Ex Rights Price"
?Weight shares on a time basis using the“Bonus factor”
(CUM RIGHT PRICE/T.E.R.P)
?Adjust previous years EPS
?IAS 21 The Effects of Changes in Foreign Exchange Rates
?Record the transaction at the exchange rate in place on the date the transaction occurs.
?Monetary items at closing rate
?Non monetary items at historic rate of transaction
?Non monetary items at fair value at exchange rate when fair value is determined