CONTABILIDAD DE SECTORES ESPECÍFICOS / CONTABILIDAD OFICIAL

NAMES AND SURNAMES:___Viviana Andrea Muñoz Muñoz 

______________________________________
ID: 1037625779 DATE: 
 
WORKSHOP ON THE DEFINITIONS OF THE STANDARDS. 
 
 
IPSAS 1 Presentation of Financial Statements and IPSAS 3 Accounting Policies, 
Changes in Accounting Estimates and Errors.   

Find in the soup of letters the answers to the following questions, are words that you 
should illuminate with a color. Words can be in horizontal, vertical, up or down 
orientation. 
 
QUESTIONS: 
 
1. Are the interests and other expenses incurred by an entity in relation to debt 
operations.  
2. It is the power to direct the financial and operating policies of another entity, 
in such a way that benefits are obtained from its activities. 
3. They are the activities of the entity that can not be classified as investment 
or financing. 
4. Are the assets and rights controlled by the entity as a result of past events 
and from which it is expected that future economic benefits or a service 
potential will flow to the entity. 
5. It is the accounting method by which transactions and other events are 
recognized when they occur 
6. Are the principles, bases, conventions, rules and specific procedures adopted 
by the entity in the preparation and presentation of its financial statements. 
7. It is an adjustment in the carrying amount of an asset or a liability, or in the 
amount of periodic consumption of an asset, which occurs after the evaluation 
of the current situation of the item, as well as of the expected future 
benefits and of the obligations associated with the corresponding assets and 
liabilities 
8. Are the omissions and inaccuracies in the financial statements of an entity, for 
one or more previous periods, resulting from a failure to use or an error when 
using reliable information. 
9. It consists of applying a new accounting policy to transactions, other events 
and conditions, as if that had always been applied. 
10. It consists of correcting the recognition, measurement and disclosures of the 
amounts of the elements of the financial statements, as if the error 
committed in previous periods had never been committed 
 
 
 
 
 
 
CONTABILIDAD DE SECTORES ESPECÍFICOS / CONTABILIDAD OFICIAL

 
 
 
A C C O U N T I N G P O L I C I E S
W H B O R R O W A C T I V I T I L O
T A E Q U I T Y Q R O S E R U A L B
N N X I A P G O P U C E S E R E I U
E G C P B R O W I S O O T T E C A S
M E H S O I V N A E N P I R N O B S
E I A A R O E E P D T E M O U N I I
T N N E R R R R S G R R A S E O L N
A A G N O P N S A P I A T P V M I E
T C E T W E M O S R B T E E E I T S
S C D I I R E F Ñ I U I X C J C I E
E O O P N R N T I O T N C T I R E T
R U F T G I T L O R I G L I M N S E
E N E I C O H E V P O A A V O T I R
V T R E O D O X S E N C S E N I S P
I I E A S S E T S R S T E A E T A R
T N N S T Y U E L I F I L P Y Y B I
C G C X S A S X I O R V B P N I L S
E E E C O N O M I D O I A L O T A E
P S A C C U N T I E M T C I T E U O
S T L N I C S P X R O I I C E A R N
O I C O N T R O L R W E T A S M C L
R M F I N A N C I O N S C T T S C Y
T A I N S T R U M R E N A I H U A P
E T C O N T R O R S R T R O E D X S
R E A C C O O N T I N G P N C I E S
CONTABILIDAD DE SECTORES ESPECÍFICOS / CONTABILIDAD OFICIAL

1. Borrowing cost
2. Control
3. Operating activities
4. Assets
5. Accrual basis

6. Accounting policies

7. change in accounting estimate

8. Prior period errors

9.Rectroespective application

10. retroactive restatement