Chapter 3, Problem 3.8DMP

1. How much from the list od debt above? (items a to d, excluding accrued interests) should be presented as current as of December 31,2021? 2. How much from the list of debt above should be presented as non current assets as of December 31, 2021? 3. How much should be accrued, if there are any, as a result of the information in item E?

Identify and explain current business taxation requirements for this public company relating to the ATO, including reporting periods and taxation payment timings.

Identify the reports that accompany the financial statements of public entities and nonpublic entities.

5. Which statement is correct concerning interim financial reporting?I. An entity shall apply the same accounting policies in its interim financial statements as are applied in the annual financial statements. II. If an entity’s interim financial report is in compliance with PFRS, that fact shall be disclosed.

The following statements are based on PAS 34 – "Interim Financial Reporting": Interim financial report means a financial report containing either a complete set of financial statements or a set of condensed financial statements for an interim period Statement 1: If an entity publishes a complete set of financial statements in its interim financial report, the form and content of those statements shall conform to the requirements of PAS 1 for a complete set of financial statements. Statement 2: Statement 3: An entity shall apply different accounting policies in its interim financial statements and in its annual financial statements. A. Only statement 1 is true В. Only statement 2 is true С. Only statement 3 is false D. All of the statements are true

It is the date when an entity's management authorizes the financial statements for issue, regardless of whether such authorization is for final issuance or for further approval by other parties. * Date of authorization of financial statements for issue O Financial reporting date O Balance sheet date O Valentine's date

Under what circumstances might it be acceptable for a company preparing IFRS financial statements to follow an accounting treatment developed by the FASB?

Explain how earnings per share should be computed and how the information should be disclosed in the corporation's financial statements.

Which items are required by the SEC to be included in the Form 10-K? Question 14 options: Customer accounts, legal proceedings, financial statements. Executive compensation, properties, list of all shareholders by name. Financial statements and supplementary data, properties, risk factors. Legal proceedings, three-year summary of financial data, risk factors