Advanced Financial Accounting 220741-D
Ćwiczenia (CW) Semestr letni 2021/22

Conventional accounting versus contemporary accounting as a financial information system with diversity of functions and methodology.

The measurement methods in an accounting and its reliability and relevance for accounting

information users (ex post and ex ante information)

The problems of tangible assets recognition

The problems of intangible assets recognition

The problems of tangible and intangible assets measurement

Non-current assets acquired by way of a government grant and non-current assets held for sale

Borrowing costs eligible for capitalisation

Impairment of assets. Carrying and recoverable amount of individual assets and cash-generating units

Reserves and provisions - the reasons for the recognition and their measurement

Financial instruments (equity instruments, debt instruments, compound instruments): recognition and measurement

The principles of recognition and measurement of investment property

Leases in accounting of lesee

Revenue from contracts with customers. Construction contracts and principles of their measurements

Income taxes in an accounting (current tax, income tax payable, deferred tax)

Transactions in a foreign currency - rules applying to foreign exchange revaluations