1. What are the goaals of IFRS? How is the correct application of IFRS enforced?

2. How are Financial Statements being presented using IFRS? Use the terms
"minimum requirement" and "Elements of a full set of IFRS Financial Statement".
3. Pls explain in detail the differences between the "Statement of Income" and the
"Statement of Comprehensive Income"
4. What is the function of the "Notes to the Financial Statements"?
5. Inventory - average cost
6. Inventory - FIFO
7. Are there different categories of fixed assets and if yes, do they have to be
accounted for differently under IFRS?
8. Which methods can be used to account for production building under IAS 16.
Explain the differences
9. Impairment case
10. What can be the reasons for a negative Goodwill and how do you account for
the different situation
11. What are the two different categgories used under the current Leasing Standard
to account for leases? Pls explain in general the different accounting for a lessor and
a lessee
12. Pls explain the different steps an accountant has to follow in order to categorize
a lease contract
13. Pls explain the different steps an accountant has to consider to account for a
self-developed patent.
14. Explain the concept of a CGU? Why are for what purpose is it used
15. How are provisions measured? single obligation, a group of items and a range of
values
16. provision: specific case
17. Pls name the differeent categories of financial assets and explain the accounting
treatment
18. Explain the concept of deferred taxes. Could you envision a situation when there
are no deferred taxes to be accounted for
19. Calculation of deferred taxes

20. What is the difference between "Basic earnings per share" and "diluted earnings
per share"
21. Calculation of Earnings per share.