17. Derecognition — When to Remove Items from Financial Statements | M

Autoplay
Autocomplete

Previous Lesson Complete and Continue

Mastering Financial Reporting (FREP)

Private group links

1. Whatsapp Group

1. The Conceptual Framework for Financial Reporting

1. What is the Conceptual Framework?
2. Why It Matters — Purpose and Status of the Framework
3. Who Uses Financial Reports & Why?
4. The Limitations of General Purpose Reporting
5. Overview of the Conceptual Framework’s Structure
6. Economic Resources & Claims — The Foundation of Financial Position
7. Accrual Accounting vs. Cash Flows
8. Understanding Financial Performance
9. Non-Performance Changes in Economic Resources
10. Stewardship — How Well Is Management Doing?
11. Relevance — Making Financial Information Useful
12. Faithful Representation — Reflecting Reality Accurately
13. Enhancing Qualitative Characteristics — Making Good Info Even Better
14. Cost Constraint — Balancing Benefit and Burden
15. Elements of Financial Statements — An Introduction
16. Recognition — When to Include Items in the Financial Statements
17. Derecognition — When to Remove Items from Financial Statements
18. Measurement Bases — How to Value Items in the Financial Statements
19. Measurement Uncertainty and the Role of Estimates
20. What Is a Reporting Entity?
21. Presentation — How Financial Information is Organized
22. Disclosure — Telling the Full Story
23. Capital & Capital Maintenance — Understanding Profit
24. Review & Key Takeaways from the Conceptual Framework
25. Practical Tips for Applying the Framework as a Student or Future Accountant
26. Mindmaps

13. IFRS 16 Leases

1. Welcome & How to Use This Course
2. The Evolution of Lease Accounting
3. Objective of IFRS 16
4. Scope of IFRS 16
5. Recognition Exemptions: Short-Term Leases
6. Recognition Exemptions: Low-Value Assets
7. Identifying a Lease – Part 1
8. Identifying a Lease – Part 2
9. The Lease Assessment Flowchart
10. Separating Lease & Non-Lease Components
11. The Practical Expedient for Lessees
12. Determining the Lease Term – Part 1
13. Determining the Lease Term – Part 2
14. Lessee Initial Recognition
15. Right-of-Use Asset: Initial Measurement
16. Right of Use Asset - Initial Measurement
17. Lease Liability: Initial Measurement – Part 2
18. Worked Example – Initial Measurement of a Lease
19. Subsequent Measurement of Right-of-Use Asset
20. Subsequent Measurement of Lease Liability
21. Remeasurement of Lease Liability – Part 1
22. Remeasurement of Lease Liability – Part 2
23. Lease Modifications for Lessees – Part 1
24. Lease Modifications for Lessees – Part 2
25. Lessee Presentation & Disclosure – Part 1
26. Lessee Presentation & Disclosure – Part 2
27. Lessor Classification of Leases
28. Finance Leases – Initial Recognition & Measurement
29. Finance Leases – Subsequent Measurement & Income Allocation
30. Operating Leases – Recognition, Measurement & Depreciation
31. Lessor Lease Modifications
32. Lessor Presentation & Disclosure Requirements
33. Sale and Leaseback – Part 1
34. Sale and Leaseback – Part 2
35. Sale and Leaseback – Part 3

Teach online with

17. Derecognition — When to Remove Items from Financial Statements

Complete and Continue