IFRS at a Glance
BDO provide a very useful resource called IFRS at a glance. It contains a summary overview (typically 1 or 2 pages) of each IAS/IFRS and can be a very useful study resource when you are studying the relevant standards.
Financial Statements Preparation (Q1)
This screencast covers January 2018 Question 1
Key areas include;
- Statement of Profit & Loss & Other Comprehensive Income (SPLOCI);
- Statement of Financial Position (SOFP); and
- Statement of Changes in Equity (SOCE).
Consolidations
This screencast covers September 2019 Q2
Key areas include;
- Goodwill calculation;
- Intra group trading adjustments – unrealised profit; and
- Consolidated SOFP
This screencast covers September 2017 Q2
Key areas include;
- Columnar approach to consolidation;
- Goodwill;
- Intra group trading adjustments – unrealised profit & cash in transit; and
- Consolidated SOFP
This screencast covers September 2016 Q2
Key areas include;
- Columnar approach to consolidation;
- Goodwill;
- Intra group trading adjustments – unrealised profit & intra group balances;
- Group Revaluation Reserve; and
- Consolidated SOFP
Journals + Standards
This screencast covers January 2019 Question 3
Key areas include;
- IAS 10 – Events after the reporting period; and
- Journal entries.
This screencast covers September 2018 Question 3
Key areas include;
- Trade Receivables;
- Bad debts and bad debts provisions; and
- Journal entries.
This screencast covers January 2017 Question 3
Key areas include;
- Bank Reconciliations; and
- Journal entries.
This screencast covers May 2016 Question 2
Key areas include;
- IAS 7 Statement of Cashflows; and
- Journal Entries.
This screencast covers January 2016 Question 2
Key areas include;
- Journal Entries;
- Correcting errors; and
- Supsense account