Examination №00 IFRS

Question 1. What are the objective benefits of international standards of financial accounting and reporting (IFRS) before the national standards in individual countries.

Question 2. What are international accounting standards?

Question 3. What are the main objectives of financial accounting.

Question 4. What information is in the balance sheet (balance sheet) or a statement of financial position?

Question 5. What is the balance sheet item of the American corporation, executed in the format of the account shows the amount of debt the company?

Question 6. Which of the funds can be divided company?

Question 7: What are the memorandum is a bank account?

Question 8: What are the groups (types) seems to receivables in the balance sheet?

Question 9. What term in Western accounting practices are designated "Fixed assets"?

Question 10. What are the types of short-term notes payable.