Control RFEI International Accounting Standards 6 back

JOB N 1
Answer the questions below. Write their answers on the following pages.
1. It is known that each country has the right to develop their national accounting standards and reporting. In our country, such standards referred to Russian Accounting Standards (RSBO). What (public documents) add up these standards?
2. What do you understand by the term "international standards of accounting and financial reporting"?
3. Which organizations in the territory of the Russian Federation should be required to apply international accounting standards and financial reporting?
4. Imagine that you are the legislators. With international standards of accounting and financial reporting would you borrowed for improving Russian accounting?
5. What is the main problem of the impossibility of implementation of IFRS throughout, t. E. In all countries as national standards?
6. Do you consider it necessary to RSBO convergence with IFRS?
7. Which of the methods of preparation of international standards, in your opinion, is the most appropriate and practical?
8. Explain why it is important to reflect the IFRS business transactions based on their economic substance, not legal form. What negative consequences in financial reporting are possible in the case of ignoring this principle?

REFERENCE of N 2
As you know, the most important regulations governing accounting in Russia is the Law "On Accounting". It was adopted in 1996 and was the first document that connected all accounting concepts into a single system. Today, this law is a kind of alphabet Russian accountant, the most important accounting document. They are hundreds of thousands of donors.
This task, which we offer you to perform entirely based on accounting law. The text of the law is presented on pages 14 - 29. You are required to answer the questions listed in the table (see. Below), with the help of the law. His answers you should write down in column 3 of the table. In addition, the reliability of each of your answer, you need to confirm the link in the accounting law.
For example, to write in column 4 of the table: Article 6, paragraph 1, or abbreviated article. 6 para. 1.

JOB N 3
Determine which of the following financial report contains this information: .............

JOB N 4
Determine whether the following features are assumptions of the financial statements which - qualitative characteristics: .......

JOB N 5
Select from the options one or more correct answers. Enter your answers in the table, placed on the next page.
1. Basis of preparation of the financial statements and are as follows:
a) one of the International Financial Reporting Standards;
b) documents forming the conceptual framework of international financial reporting standards;
c) the interpretation of the Financial Reporting Standard.

2. Because of these conditions, select the ones under which the item is recognized in the statements of assets. The element must:
a) control the company;
b) ensure that the company´s economic benefits in the future;
c) the use of one year or more than one operating cycle.

3. Inventories IFRS - assets:
a) held for sale in the ordinary course of business;
b) created in the process of production for such sale (finished goods, work in process, raw materials);
b) presented in the form of raw materials intended for use in the production process or the provision of services ..

4. The inventory includes:
a) finished products;
b) incomplete products to be further processed;
c) is not completed in the course of construction work contracts.

5. How is the activity that leads to a change in the amount and composition of the equity capital and borrowed funds?
a) operating activities;
b) investment activities;
in) financing activities.