I will try, but those are very theoretical standards full of listing the disclosures. I have done highlights here: www.cpdbox.com/ifrs-s1-sustainability-general-requirements/ and here: www.cpdbox.com/ifrs-s2-climate-related-disclosures/
It depends on the specific entity, but just as an example - go through chart of accounts and make sure that there is a sufficient structure there to map all the accounts accordingly to the line items in profit or loss, especially foreign exchange differences, interest expenses, etc.
One question: Here you have shown loss from discontinued operation after the profit from the continuing operations. Why that is not considered while calculating the tax expense. Should we assume you have considered that while calculating the tax expenses. Just for the presentation's sake tax expense is shown above discontinued operations.
Great question. Actually, in line with IFRS 5.33, you should always recognize the profit or loss from discontinued operations post-tax, so yes, that single line already contains the tax component. The income tax line then contains just the income tax related to continuing operations. I hope this helps!
Hi, I am interested in buying an IFRS kit. Before purchasing the course, may I know if the course is up to date with the recent changes, such as IFRS 18
Well summarised Silvia. Keep it up
Thank you, will try :)
Thank you Silvia
Thank you my dear 💓
Thank you Silvia, can you also do a summary of IFRS S1 and S2
I will try, but those are very theoretical standards full of listing the disclosures. I have done highlights here: www.cpdbox.com/ifrs-s1-sustainability-general-requirements/ and here: www.cpdbox.com/ifrs-s2-climate-related-disclosures/
Love your accent 🙏
The Slavic accent :)
Hi silvia, can you please do ifrs 17 in detail
What are the additional work expected from entities to structure the income statement that way?
It depends on the specific entity, but just as an example - go through chart of accounts and make sure that there is a sufficient structure there to map all the accounts accordingly to the line items in profit or loss, especially foreign exchange differences, interest expenses, etc.
Güzel teşekkürler ❤
One question: Here you have shown loss from discontinued operation after the profit from the continuing operations. Why that is not considered while calculating the tax expense. Should we assume you have considered that while calculating the tax expenses. Just for the presentation's sake tax expense is shown above discontinued operations.
Great question. Actually, in line with IFRS 5.33, you should always recognize the profit or loss from discontinued operations post-tax, so yes, that single line already contains the tax component. The income tax line then contains just the income tax related to continuing operations. I hope this helps!
Hi, I am interested in buying an IFRS kit. Before purchasing the course, may I know if the course is up to date with the recent changes, such as IFRS 18
Hello, yes, of course. The course includes videos on IFRS 18, although more of them are coming soon.
@@CPDbox Thank you .
Always good to know that you exist and break down about 200 pages per IRFS into something understanable 🥳
Also a comment for the algorithm.
Thank you, glad to save your time :)