Q. How should long-term trade receivables be sub-classified?

View solution

Q. What information should be disclosed regarding current investments?

View solution

Q. How are current investments classified?

View solution

Q. How should inventories be classified?

View solution

Q. How should goods-in-transit be disclosed in inventories?

View solution

Q. What should be stated regarding the mode of valuation of inventories?

View solution

Q. How should trade receivables be classified?

View solution

Q. What should be separately stated regarding cash and cash equivalents?

View solution

Q. How are short-term loans and advances classified?

View solution

Q. What should be disclosed regarding other current assets?

View solution

Q. How are contingent liabilities classified?

View solution

Q. What should be disclosed regarding dividends?

View solution

Q. In the notes to the financial statements, how should revenue from operations be disclosed for a company other than a finance company?

View solution

Q. How should revenue from operations be disclosed for a finance company in the notes to the financial statements?

View solution

Q. How should finance costs be disclosed in the statement of profit and loss?

View solution

Q. How is other income classified in the statement of profit and loss?

View solution

Q. How should net gain or loss on foreign currency transaction and translation be treated in the financial statements?

View solution

Q. What should be disclosed regarding payments to auditors in the financial statements?

View solution

Q. How should details of items of exceptional and extraordinary nature be disclosed?

View solution

Q. How are amounts set aside or proposed to be set aside to reserves treated in the financial statements?

View solution