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International Financial Reporting StandardsWorkbook 2011
Terms of Use
By using this Excel workbook, you are agreeing to the following terms. If you do not agree to the following terms, then you are not allowed to use
this workbook and should immediately terminate such usage.
This workbook summarises the recognition, measurement, presentation and disclosure requirements set out in International Financial ReportingStandards (IFRSs) in issue as of 30 June 2011. IFRSs include Standards as issued by the International Accounting Standards Board (IASB) and the
former International Accounting Standards Committee and Interpretations as issued by the IFRS Interpretations Committee and the former
Standing Interpretations Committee. Although this workbook may be used to assist generally in considering compliance with the requirements of
the IFRSs, it is not a substitute for your understanding of such pronouncements and the exercise of your judgement.
You are presumed to have a thorough understanding of the IFRSs and should refer to their text, as necessary, in considering particular items in this
workbook. The items in this workbook are referenced to the applicable sections of the actual IFRSs.
This workbook is provided to you solely for your individual, non-commercial use, and should not be provided to any other person or entity.
This workbook is not a substitute for professional advice or services, nor should it be used as the basis for any decision or action that may affect
your business.
Please note that, while every effort has been made to ensure that this workbook is complete in terms of the IFRS recognition, measurement,
presentation and disclosure requirements, users will inevitably be required to exercise professional judgement based on specific circumstances
(e.g., the determination as to whether financial statements achieve a fair presentation of the financial position, financial performance and cash
flows of an entity). This workbook is merely an enabling tool that does not address such judgemental issues. Users of this workbook are advised to
consult IFRS specialists in that regard.
The detailed recognition, measurement, presentation and disclosure points generally require a "Yes", "No" or "N/A" response. Depending on the
response, you may need to take further action. A "Yes" response does not necessarily result in compliance with IFRSs.
IFRSs are constantly changing. It is your responsibility to maintain current knowledge of IFRSs which may impact the content of this workbook.
Disclaimer of Liability
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None of (1) the member firm that provides this workbook to clients, (2) Deloitte Touche Tohmatsu Limited, or (3) any other
member firm of Deloitte Touche Tohmatsu Limited or any of their respective subsidiaries, affiliates and related entities, is by means
of this workbook rendering accounting or other professional advice or services, and none of the foregoing shall be responsible inany way whatsoever for any loss sustained by any person or entity that relies on this workbook.
IMPORTANT INSTRUCTIONS FOR USING THIS WORKBOOK
Warning
While every effort has been made to ensure that this checklist is complete in terms of the requirements of International Financial
Reporting Standards (IFRSs), users will inevitably be required to exercise professional judgement based on specific circumstances
(e.g. the determination as to whether financial statements achieve a fair presentation of the financial position, financial performanceand cash flows of an entity). This checklist is an enabling tool that does not address such judgemental issues. Consult with a qualified
advisor where issues are identified.
Important Excel Macro Programming Warnings
Please do not add or delete any rows or columns in the worksheets. Changing or deleting the response to a Tailoring Question (TQ) or sub TQ will
result in losing the answers already entered in the detailed compliance questions associated with the TQ or sub TQ.
File Structure
The workbook includes several types of worksheets :
- READ ME FIRST
The "READ ME FIRST" worksheet contains terms of use and important instructions for using this workbook.
- Summary
The "Summary" worksheet contains questions that may be used to summarise the results of this checklist as to whether the recognition,
measurement, presentation and disclosure requirements of IFRS have been met.
- Index
The "Index" worksheet provides an overview of all IFRS in this checklist. In this index, the user should indicate which IFRSs are applicable to the
entity. Please note that the default answer has been set to yes and should be changed if the IFRS is not applicable. For all applicable IFRSs, the
"Index" worksheet contains links to the Accounting compliance questionnaires and Presentation and disclosure checklists by standard. If the
Accounting compliance questionnaires and Presentation and disclosure checklists by standard only contain 1 tailoring question, the default answer
in the Accounting compliance questionnaire and Presentation and disclosure checklist will be automatically answered with "yes".
- AccountingTQSummary and PresentationTQSummary
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The "AccountingTQSummary" and "PresentationTQSummary" provide an overview of the answers to the main tailoring questions per IFRSs.
-Accounting compliance questionnaires (IAS/IFRS [standard number]A) and Presentation and disclosure checklists (IAS/IFRS [standard
number]P) by standard
The "Accounting compliance questionnaires" and the "Presentation and disclosure checklists" by standard contain tailoring and detailed questions
that will assist in determining whether the recognition, measurement, presentation and disclosure requirements of applicable IFRSs have been met.
- Consequential Amendments
Certain Standards, Amendments and Interpretations may amend other standards (consequential amendments). Consequential amendments are
generally included in the applicable worksheet for the affected standard except for those consequential amendments associated with the early
adoption of IFRS 13 Fair Value Measurement. Consequential amendments associated with the early adoption of IFRS 13 are included in a separateworksheet (IFRS13 - Consq Amnd).
Colour Coding
All worksheets in this workbook follow a standard colour coding.
Certain Standards, Amendments and Interpretations are not effective for periods beginning on 1 January 2011. These are indicated in the checklist
by red colour coding. Earlier application of these requirements is generally permitted (see Standards/Amendments/Interpretations for specific
requirements). When such Standards, Amendments and Interpretations are applied for periods beginning before their effective dates, that fact is
generally required to be disclosed (see specific Standards/Amendments/Interpretations for details).
Dark blue : Main Tailoring Questions
Light violet : Sub-Tailoring questions
Light green : Guidance
Violet : Answer cell
Overall Questionnaire Structure
Every questionnaire includes five columns
- TQ : internal reference for a main tailoring question.
- Reference : where the reference to the related paragraph in the Standard, Amendment and Interpretation is indicated.
- Recognition/measurement requirement(Accounting questionnaire) or Presentation/disclosure requirement(Presentation and disclosure
checklist): Questions (tailoring, sub-tailoring and detailed compliance questions) and Guidance.
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- Yes/No/N/A : Answers. Exclusively Yes, No or N/A. In some cases, an option to select guidance is available.
- Comments : To be filled where a discrepancy with the Standard, Amendment or Interpretation is noted.
Process
Applicability
Starting from the Index page, the preparer selects by standard the applicability of the standard to the engagement by selecting "Yes" or "No" from
the dropdown box.
In case of a positive answer (by selecting "Yes" to the standard that is applicable), the questionnaire (Accounting and Presentation) relating to the
selected standard will appear in the workbook. The user will automatically be transferred, by clicking on the link, to the selected questionnaire.
Guidance
The user can decide whether he/she wants to show or hide the guidance in the questionnaire by selecting one of the options on the top of the
questionnaire. Guidance on individual questions will not automatically disappear if you answer "yes" or "no" to the question. The guidance on
individual questions can be hidden by selecting the "Hide" option at the top of the sheet.
Compliance
The questionnaire is to be filled in the suggested order, that corresponds to the logical flow of the standard.
An answer to a tailoring question may lead to sub-tailoring question(s) or to some detailed compliance questions.
By clicking on the answer cell, the user will be proposed a selection of options (Yes/No/N/A) and sometimes guidance. By selecting the guidance,
some additional content will be disclosed just below the question. The preparer then needs to go back to the initial question to answer Yes, No or
N/A.
The response in an answer cell can be deleted.
If the response to a tailoring question or sub-tailoring question is cleared, all the associated compliance questions will not be displayed on the
screen. The answer cell of the associated questions will be cleared automatically.
A negative answer to a detailed compliance question indicates, in the majority of the cases, non-compliance with the standard. A comment will
have to be inserted in the following column.
AccountingTQSummary and PresentationTQSummary
The answers (or the lack of an answer) to the main tailoring questions are automatically copied into the AccountingTQSummary /or
PresentationTQSummary worksheet (Hyperlink at the right top of the worksheet). The AccountingTQSummary and PresentationTQSummary
worksheets give an overview of the answers to the main tailoring questions. It does not provide an overview of non-compliance.
Deleted content of cell(s)
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In case the user works with an unprotected version and content is lost, the problem can be corrected as follows: (1) Unhide the rows with the
missing text. (2) Copy the missing text from a known good file and paste them in the worksheet where the content loss occurred and save the file.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network
of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed
description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world
collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients. These firms are
members of Deloitte Touche Tohmatsu Limited (DTTL), a UK private company limited by guarantee. Each member firm provides
services in a particular geographic area and is subject to the laws and professional regulations of the particular country orcountries in which it operates. DTTL does not itself provide services to clients. DTTL and each DTTL member firm are separate and
distinct legal entities, which cannot obligate each other. DTTL and each DTTL member firm are liable only for their own acts or
omissions and not those of each other. Each DTTL member firm is structured differently in accordance with national laws,
regulations, customary practice, and other factors, and may secure the provision of professional services in its territory through
subsidiaries, affiliates, and/or other entities.
2011 Deloitte Touche Tohmatsu Limited
http://www.deloitte.com/abouthttp://www.deloitte.com/abouthttp://www.deloitte.com/abouthttp://www.deloitte.com/abouthttp://www.deloitte.com/abouthttp://www.deloitte.com/abouthttp://www.deloitte.com/abouthttp://www.deloitte.com/abouthttp://www.deloitte.com/abouthttp://www.deloitte.com/about7/27/2019 International Financial Reporting Standard Checklist
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The following areas of noncompliance were noted:
The following areas were identified that need further attention:
The following areas were identified that changed as compared to prior year:
Areas of change in accounting and presentation and disclosure requirements as co
SUMMARY OF CHGeneralThis worksheet may be used to summarise the results of this checklist as to whether the reco
Areas of noncompliance
Areas requiring further attention
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B
Follow-up:
Follow-up:
Follow-up:
pared to prior year:
CKLIST RESULTS
nition, measurement, presentation and disclosure requirements of IFRS have been met:
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A B C G H J K
Standard Applicable Accounting Presentation
IFRS 1 -First-time Adoption of International Financial
Reporting StandardsYes IFRS1A IFRS1P
IFRS 2 -Share-based Payment Yes IFRS2A IFRS2P
IFRS 3 -Business Combinations Yes IFRS3A IFRS3P
IFRS 4 -Insurance Contracts Yes IFRS4A IFRS4P
IFRS 5 -Non-current Assets Held for Sale and Discontinued
Operations
Yes IFRS5A IFRS5P
IFRS 6 -Exploration for and Evaluation of Mineral Resources Yes IFRS6A IFRS6P
IFRS 7 -Financial Instruments: Disclosures
(entity has not yet adopted IFRS 9)Yes N/A IFRS7P
IFRS 7 -Financial Instruments: Disclosures
(entity has adopted IFRS 9) [effective 1 January 2013]Yes N/A IFRS7P(amended)
IFRS 8 -Operating Segments Yes N/A IFRS8P
IFRS Checklist Worksheet Index
This checklist addresses the measurement and recognition as well as the presentation and disclosure
requirements of IFRSs in issue at 30 June 2011. Those Standards, Amendments and Interpretations indicatedin the checklist by red colour codingare not yet mandatorily effective but can be early adopted.
Please note that this checklist does not explicitly address the Framework for the Preparation and Presentation
of Financial Statements.
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A B C G H J K
IFRS 9(2009) -Financial Instruments [effective 1 January
2013]
Note: If you select 'Yes', you must also select 'Yes' to IAS39 Financial Instruments: Recognition and Measurement
below
Yes IFRS9(2009)A IFRS9(2009)P
IFRS 9(2010) -Financial Instruments [effective 1 January
2013]Yes IFRS9(2010)A IFRS9(2010)P
IFRS 10 -Consolidated Financial Statements [effective 1
January 2013, in conjunction with: adoption of IFRS 11 and
IFRS 12 as well as amendments to IAS 27 and IAS 28]
Yes IFRS10A IFRS10P
IFRS 11 -Joint Arrangements [effective 1 January 2013, in
conjunction with adoption of: IFRS 10 and IFRS 12 as well
as amendments to IAS 27 and IAS 28]
Yes IFRS11A IFRS11P
IFRS 12 -Disclosures of Interests in Other Entities
[effective 1 January 2013]Yes N/A IFRS12P
IFRS 13 -Fair Value Measurement [effective 1 January
2013]: Consequential amendments must be early adopted
when early adopting IFRS 13
Yes IFRS13A IFRS13P
IAS 1 -Presentation of Financial Statements Yes N/A IAS1P
IAS 2 -Inventories Yes IAS2A IAS2P
IAS 7 -Statement of Cash Flows Yes N/A IAS7P
IAS 8 -Accounting Policies, Changes in Accounting
Estimates and ErrorsYes IAS8A IAS8P
IAS 10 -Events after the Reporting Period Yes IAS10A IAS10P
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A B C G H J K
IAS 11 -Construction Contracts Yes IAS11A IAS11P
IAS 12 -Income Taxes Yes IAS12A IAS12P
IAS 16 -Property, Plant and Equipment Yes IAS16A IAS16P
IAS 17 -Leases Yes IAS17A IAS17P
IAS 18 -Revenue Yes IAS18A IAS18P
IAS 19 -Employee Benefits Yes IAS19A IAS19P
IAS 19 -Employee Benefits [effective 1 January 2013] Yes IAS19(2011)A IAS19(2011)P
IAS 20 -Accounting for Government Grants and Disclosure
of Government AssistanceYes IAS20A IAS20P
IAS 21 -The Effects of Changes in Foreign Exchange Rates Yes IAS21A IAS21P
IAS 23 -Borrowing Costs Yes IAS23A IAS23P
IAS 24 -Related Party Disclosures Yes N/A IAS24P
IAS 26 -Accounting and Reporting by Retirement Benefit
PlansYes N/A IAS26P
IAS 27 -Consolidated and Separate Financial Statements Yes IAS27(2008)A IAS27(2008)P
IAS 27 -Consolidated and Separate Financial Statements
[effective 1 January 2013, in conjunction with: adoption of
IFRS 10, IFRS 11 and IFRS 12, as well as amendments toIAS 28]
Yes IAS27(2011)A IAS27(2011)P
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A B C G H J K
IAS 28 -Investments in Associates Yes IAS28(2008)A IAS28(2008)P
IAS 28 -Investments in Associates and Joint Ventures
[effective 1 January 2013, in conjunction with: adoption of
IFRS 10, IFRS 11 and IFRS 12, as well as amendments to
IAS 27]
Yes IAS28(2011)A IAS28(2011)P
IAS 29 -Financial Reporting in Hyperinflationary Economies Yes IAS29A IAS29P
IAS 31 -Interests in Joint Ventures Yes IAS31A IAS31P
IAS 32 -Financial Instruments: Presentation Yes N/A IAS32P
IAS 33 -Earnings per Share Yes IAS33A IAS33P
IAS 34 -Interim Financial Reporting Yes N/A IAS34P
IAS 36 -Impairment of Assets Yes IAS36A IAS36P
IAS 37 -Provisions, Contingent Liabilities and Contingent
AssetsYes IAS37A IAS37P
IAS 38 -Intangible Assets Yes IAS38A IAS38P
IAS 39 -Financial Instruments: Recognition and
MeasurementYes IAS39A IAS39P
IAS 40 -Investment Property Yes IAS40A IAS40P
IAS 41 -Agriculture Yes IAS41A IAS41P
IFRIC 5 -Rights to Interests arising from Decommissioning,Restoration and Environmental Rehabilitation Funds Yes N/A IFRIC5P
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A B C G H J K
IFRIC 12 /SIC 29 -Service Concession Arrangements Yes IFRIC12A SIC29P
IFRIC 17 -Distributions of Non-cash Assets to Owners Yes IFRIC17A IFRIC17P
IFRIC 18 -Transfers of Assets from Customers Yes IFRIC18A N/A
IFRIC 19 -Extinguishing Financial Liabilities with Equity
Instruments [effective 1 July 2010]Yes IFRIC19A IFRIC19P
IFRIC 19 -Extinguishing Financial Liabilities with Equity
Instruments [effective 1 January 2013]Yes IFRIC19A(amended) N/A
Workbook Last updated: October 2011
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Summary of IFRS Accounting TQs
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A B C D E F G I
IFRS 1
IFRS1A
IFRS1B
IFRS1C
IFRS1D
IFRS1E
IFRS1F
IFRS1G
IFRS1H
IFRS1I
Has the entity granted any equity instruments prior to the
date of transition that fall within the scope of IFRS 2?
First-time Adoption of International Financial Reporting Standards
Is the entity a first time adopter of IFRSs in terms of IFRS 1?
Did the entity enter into any business combinations before
the date of transition to IFRSs?
Summary of IFRS Accounting Tailoring Questions
Has the entity recognised intangible assets (other than
goodwill) in the opening IFRS statement of financial position?
Was the entity, at the date of transition to IFRSs, party to an
arrangement, comprising a transaction or a series of related
transactions, that did not take the legal form of a lease but
that conveyed a right to use an asset (e.g. an item of
property, plant or equipment) in return for a payment or
series of payments?Has the entity recognised defined benefit obligations in the
opening IFRS statement of financial position?
Has the entity entered into any insurance contracts?
Has the entity recognised items of property, plant and
equipment in the opening IFRS statement of financial
position?
Has the entity recognised items of investment property in the
opening IFRS statement of financial position?
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Summary of IFRS Accounting TQs
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22
23
24
25
26
27
28
29
30
31
A B C D E F G I
IFRS1J
IFRS1K
IFRS1L
IFRS1M
IFRS1N
IFRS1O
IFRS1P
IFRS1Q
IFRS1R
IFRS1V
IFRS1X
Has the entity considered applying the transitional provisions
in IAS 23?
Did the entity become a first-time adopter for its separate
financial statements earlier or later than for its consolidated
financial statements?
Did the entity recognise any compound financial instruments
under previous GAAP?
Was the entity, at the date of transition to IFRSs, a party to a
Service Concession Arrangement within the scope of IFRIC 12
Service Concession Arrangements?
Does retrospective application of IAS 21 result in any
cumulative exchange differences to be recognised in the
opening IFRS statement of financial position?
Did the entity recognise any investments in subsidiaries,jointly controlled entities and associates?
Did the entity become a first-time adopter later than its
parent or an entity that has significant influence or joint
control over it?
Did the entity become a first-time adopter later than its
subsidiary, associate or joint venture?
Has the entity recognised financial instruments, as defined
under IAS 32 and IAS 39, in the opening IFRS statement of
financial position?
Did the entity have obligations to dismantle, remove and
restore items of property, plant and equipment at the date of
transition to IFRSs?
Has the entity considered applying the transitional provisions
in IFRIC 18?
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Summary of IFRS Accounting TQs
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39
40
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42
A B C D E F G I
IFRS1Y
IFRS1YA
IFRS1S
IFRS1T
IFRS1W
IFRS1U
IFRS1Z
IFRS1ZA
IFRS 2
IFRS2A
IFRS2B
Did the entity derecognise financial assets or financial
liabilities under previous GAAP?
Does the entity apply hedge accounting or has the entity
recognised any derivatives in the opening IFRS statement of
financial position?
Does the entity have a functional currency that was, or is,
the currency of a hyperinflationary economy?
Has the entity recognised any financial assets in the opening
IFRS statement of financial position?
Has the entity used estimates to measure assets and
liabilities recognised in its opening IFRS statement of
financial position?
Has the entity assessed / recognised any embedded
derivatives in the opening IFRS statement of financial
position?
Has the entity considered applying the transitional provisions
in IFRIC 19?
Has the entity applied the transitional provisions relating to
non-controlling interests set out in paragraph B7 of IFRS 1?
Does the entity enter into transactions with parties other
than employees which are settled through the issue of the
entitys equity or equity of an entity in the same group?
Share-based Payment
Does the entity enter into transactions with employees or
other parties providing similar services which are settled
through the issue of the entitys equity or equity of an entity
in the same group?
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Summary of IFRS Accounting TQs
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45
46
47
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70
71
A B C D E F G I
IFRS2C
IFRS2D
IFRS2E
IFRS2F
IFRS2G
IFRS 3
IFRS3A
IFRS3E
Business Combinations
Does the entity enter into transactions in which the entityhas the choice to settle the transaction either through the
issue of the entitys equity or equity of an entity in the same
group or in cash, the amount of which is determined by
reference to the entitys equity or equity of an entity in the
same group?
Does the entity enter into transactions in which the
counterparty has the choice to receive payment either in the
form of the entitys equity or equity of an entity in the same
group or in cash, the amount of which is determined by
reference to the entitys equity or equity of an entity in thesame group?
Where the entity has entered into a share-based payment
transaction, has the entity modified any terms of its share-
based payment arrangement?
Does the entity receive goods or services from its suppliers
as consideration from share-based payment transactions in
which another group entity has the obligation to settle the
share-based payment?
Has the entity entered into a business combination during the
period?
Does the entity enter into transactions which are settled at
an amount determined by reference to the entitys equity or
equity of an entity in the same group?
Has goodwill been recognised in the current year or previous
periods?
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Summary of IFRS Accounting TQs
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A B C D E F G I
IFRS3F
IFRS3B
IFRS3C
IFRS3G
IFRS3D
IFRS3H
IFRS 4
IFRS4A
IFRS4D
Was the initial accounting for a business combination
determined provisionally in either the current or the prior
year?
Does the net of the acquisition-date amounts of the
identifiable assets acquired and the liabilities assumed
measured in accordance with IFRS 3 exceed the aggregate of
the consideration transferred?Was the business combination achieved in stages, for
example through successive share purchases?
Was the business combination achieved without transfer of
consideration?
Has the entity entered into a business combination that is
classified as a 'reverse acquisition' during the period?
Insurance Contracts
Has the entity issued any insurance contracts (includingreinsurance contracts) or does it hold any reinsurance
contracts?
Are there any embedded derivatives in insurance contracts
which the entity has issued, apart from an embedded
derivative which is itself an insurance contract?
Were changes in the fair value of contingent consideration
recognised after the acquisition date due to additional
information obtained after that date about facts and
circumstances that existed at the acquisition date?
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Summary of IFRS Accounting TQs
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82
83
84
85
86
87
88
89
A B C D E F G I
IFRS4E
IFRS4F
IFRS4G
IFRS4C
IFRS4B
IFRS 5
IFRS5A
IFRS5B
IFRS5C
Has the entity acquired any non-current assets (or disposal
groups) exclusively with a view to their subsequent disposal
(see note to 5A above)?
Has the entity previously classified assets (or disposal
groups) as held for sale which no longer meet the
classification criteria (see 5A above)?
Did the entity assume any insurance liabilities or acquire any
insurance assets in a business combination (as defined in
IFRS 3)? OR
Did the entity acquire a portfolio of insurance contracts?
Has the entity issued an insurance contract which contains a
discretionary participation feature (see Guidance) as well as a
guaranteed element?
Do any of the insurance contracts which the entity has issued
contain both an insurance component and a deposit
component?
Has the insurer changed its accounting policies for insurancecontracts?
Has the entity issued financial instruments with a
discretionary participation feature?
Non-current Assets Held for Sale and Discontinued Operations
Does the entity hold non-current assets or groups of assets
for which it intends to recover the carrying amount principally
through a sale transaction rather than through continuing
use (an asset held for sale) or is committed to distribute the
assets (or disposal group) to owners acting in their capacityas owners (held for distribution to owners)?
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Summary of IFRS Accounting TQs
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91
92
93
94
95
96
97
98
99
100
101
A B C D E F G I
IFRS 6
IFRS6A
IFRS6B
IFRS 9(2009)
IFRS9A
IFRS9B
IFRS9C
IFRS9D
IFRS9F
IFRS9E
IFRS 9(2010)
IFRS9A
Exploration for and Evaluation of Mineral Resources
Has the entity incurred expenditures related to exploration
for and evaluation of mineral resources during the current or
prior period?
Has the entity capitalised any exploration and evaluation
expenditure as an asset?
Does the entity have financial assets and / or financial
liabilities that are within the scope of IAS 39?
Financial Instruments
Does the entity have financial assets that are within the
scope of IAS 39?Has the entity designated financial assets at fair value
through profit or loss?
Has the entity got a hybrid contract that includes a non-
derivative host with the effect that some of the cash flows of
the combined instrument vary in a way similar to a
standalone derivative?
Has the entity reclassified financial assets?
Has the entity applied hedge accounting?
Has the entity got financial assets which are equity
instruments?
Financial Instruments
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Summary of IFRS Accounting TQs
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103
104
105
106
107
108
109
110
111
112
A B C D E F G I
IFRS9B
IFRS9C
IFRS9D
IFRS9F
IFRS9G
IFRS9H
IFRS9I
IFRS9J
IFRS9K
IFRS9L
IAS39A
Has the entity designated financial assets at fair value
through profit or loss?
Has the entity designated financial liability at fair value
through profit or loss?
Has the entity applied hedge accounting?
Does one or more of the scope exceptions result in the
contract, or a portion of the contract falling outside IAS 39?
Has the entity derecognised any financial assets?
Has the entity got financial liabilities which are designated as
at fair value through profit or loss?
Has the entity reclassified financial instruments?
Has the entity got financial assets which are equity
instruments?
Has the entity transferred any financial assets?
Has the entity derecognised any financial liabilities?
Does the entity have a hybrid contract with the effect that
some of the cash flows of the combined instrument vary in away similar to a standalone derivative?
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113
114
115
116
117
118
A B C D E F G I
IAS39B
IAS39C
IFRS10IFRS10A
IFRS10B
IFRS11
Have changes in reporting entity's ownership interest in a
subsidiary resulted in a loss of control?
Consolidated Financial Statements
Joint Arrangements
Does the reporting entity 'control' one or more entities during
or at the end of the reporting period?
A) Does the reporting entity have power over an investee?
B) Does the reporting entity have exposure or rights to
variable returns from its involvement with the investee?
C) Does the reporting entity have ability to use its power
over the investee to affect the amount of the reportingentity's returns?
Has the entity applied the IAS 39's impairment provisions to
a financial asset or a group of financial assets when and only
when there is OBJECTIVE EVIDENCE of impairment as a
result of one or more events that occurred AFTER the initial
recognition of the asset and that loss event has an impact on
the estimated future cash flows of the financial asset or
group of financial assets?
Has the entity designated a hedging relationship for
accounting purposes between one or more hedging
instruments and one or more hedged items?
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119
120
121
122
123
124
125
126
127
128
129
130
A B C D E F G I
IFRS11A
IFRS11C
IFRS13
Yes IFRS13A
IAS 2IAS2A
IAS2B
IAS2C
IAS2D
IAS 8
IAS8E
IAS8C
Does the entity participate in a contractual arrangement with
one or more parties to undertake an economic activity, which
is subject to joint control?
Is the entity applying IFRS 11 for the first time?
InventoriesDoes the entity purchase goods for resale (for example
merchandise, land)?
Does the entity produce or manufacture inventories?
Does the entity purchase any materials or supplies to be used
in the rendering of services?
Does the entity hold any agricultural produce measured in
accordance with IAS 2?
Accounting Policies, Changes in Accounting Estimates and Errors
Has the entity developed, in accordance with IFRSs,
accounting policies that represent the specific principles,
bases, conventions, rules and practices to be applied in
preparing and presenting its financial statements?
Has the adoption of an IFRS or an Interpretation resulted in a
change in accounting policy?
Does the entity have any assets or liabil ities for which
another IFRS requires or permits fair value measurements or
disclosures about fair value measurements?
Fair Value Measurement
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131
132
133
134
135
136
137
138
139
A B C D E F G I
IAS8D
IAS8A
IAS8B
IAS 10
IAS10A
IAS10B
IAS10C
IAS 11
Yes IAS11A
Has the entity voluntarily changed any accounting policy
during the year (except for changes resulting from the
adoption of a new Standard)?
Has there been a change in accounting estimate during theyear?
During the current period, did the entity discover any errors
in the preparation of financial statements of prior periods?
Events after the Reporting Period
Has any favourable or unfavourable event, affecting the
reporting entity, occurred after the reporting period but
before the date when the financial statements are authorisedfor issue?
Has the entity proposed or declared dividends after the
reporting period?
Has management determined after the reporting period that
it intends to liquidate the entity or to cease trading or have
there been indicators that the reporting entity may no longer
be a going concern?
Construction Contracts
Has the entity negotiated a contract for the construction of a
single asset, or the construction of a number of assets which
are closely interrelated or interdependent in terms of their
design, technology and function or their ultimate purpose or
use (i.e. a construction contract as defined in IAS 11)?
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140
141
142
143
144
145
146
147
148
A B C D E F G I
IAS 12
IAS12A
IAS12B
IAS12J
IAS12F
IAS12G
IAS12G
IAS12C
IAS12D
Income Taxes
Is the entity subject to income tax legislation imposed either
domestically and/or by foreign legislators, including
withholding taxes, which are payable by a subsidiary,
associate or joint venture on distributions to the reporting
entity?
Do taxable temporary differences exist?
Was the entity involved in a business combination or
acquisition in a past reporting period, for which a deferred
tax liability in relation to goodwill has not been recognised?
Has the entity been involved in a business combination in the
current reporting period?
Does the entity carry assets at fair value or at a revalued
amount (e.g. under the revaluation models of IAS 16
Property, Plant and Equipment and IAS 38 Intangible Assets;
at fair value under IAS 40 Investment Property or IAS 39
Financial Instruments: Recognition and Measurement)?
Do deductible temporary differences exist?
Did the entity have any unused tax losses or unused tax
credits during or at the end of the current reporting period?
Does the entity carry assets at fair value or at a revalued
amount (e.g. under the revaluation models of IAS 16
Property, Plant and Equipment and IAS 38 Intangible Assets;
at fair value under IAS 40 Investment Property or IFRS 9
Financial Instruments)?
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149
150
151
152
153
154
155
156
157
158
A B C D E F G I
IAS12E
IAS12H
IAS12K
IAS12I
IAS 16
IAS16A
IAS16B
IAS16G
IAS16F
IAS16C
Has the entity held investments in subsidiaries, branches,
associates or interests in joint ventures during or at the end
of the current reporting period?
Has there been a change in the tax status of the entity or ofits shareholders during the current reporting period?
Was the entity involved in a business combination or
acquisition in a past reporting period and a deferred tax asset
was not recognised for the acquirees income tax loss carry
forwards or other deferred tax assets because the recognition
criteria in IFRS 3 Business Combinations were not met?
Does the entity have share-based payment transactions
within the scope of IFRS 2 Share-based Payment outstanding
during the current reporting period?
Property, Plant and Equipment
Did the entity hold, construct or acquire any property, plant
or equipment during the year?
Did the entity incur any subsequent expenditure relating to
an existing item of property, plant and equipment during the
year?
Does the entity have any obligations to dismantle, remove
and restore items of property, plant and equipment
(commonly referred to as decommissioning, restoration and
similar liabilities)?
Did the entity acquire an item of property, plant and
equipment in exchange for another asset?
Does the entity hold/own assets held at cost less
accumulated depreciation and accumulated impairment loss
under the cost model?
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y g Q
159
160
170
171
172
173
174
175
A B C D E F G I
IAS16D
IAS16E
IAS 17
IAS17G
IAS17H
IAS17A
IAS17B
IAS17C
Does the entity revalue any class of its property, plant and
equipment under the revaluation model?
Did the entity sell, scrap or otherwise dispose of any
property, plant and equipment during the year?
Leases
Has the entity entered into a transaction or a series of
structured transactions (an arrangement) with an unrelated
party or parties (an investor) that involves the legal form of a
lease where the substance of the arrangement may be such
that it does not meet the definition of a lease under IAS 17?
Is the entity a party to an arrangement, comprising a
transaction or a series of related transactions, that does not
take the legal form of a lease but that conveys a right to use
an asset (e.g. an item of property, plant or equipment) in
return for a payment or series of payments?
Has the entity entered into a lease agreement, rental
agreement, hire purchase agreement or any other agreement
that gives the entity the right to use an asset or part of an
asset for a period of time? (Is the entity a lessee?)
Has the entity financed the purchase of an asset by another
entity, sold an asset with finance, transferred the right to use
an asset, or rented an asset to another entity? (Is the entity
a lessor?)
Has the entity entered into any sale and leaseback or lease
and leaseback transactions in respect of the same asset?
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176
177
180
181
182
183
184
185
186
187
188
A B C D E F G I
IAS17D
IAS17E
IAS 18
IAS18A
IAS18B
IAS18C
IAS18D
IAS18G
IAS18E
IAS18F
IAS18H
During the period, have there been amendments to the terms
of an existing lease agreement?
Has the entity entered into a lease agreement that includes
both land and building(s) elements?
Revenue
Does the entity sell goods to its customers (this may include
both goods that were manufactured or produced by the entity
for the purpose of sale, or goods that were specifically
purchased for resale)?
Does the entity render a service to its customers (the
rendering of a service normally involves the performance of acontractually agreed task over a period of time)?
Does the entity generate income by allowing customers the
use of its assets?
Does the entity provide finance in conjunction with the sale
of goods?
Has the entity accepted goods or other services in exchange
for the delivery of goods or services (i.e. has it entered into
any exchange or barter transactions)?
Does the entity enter into transactions that comprise more
than one component (e.g. delivery of both goods and
services, delivery of a number of different goods or services)?
Does the entity enter into buy-back / repurchase
agreements?
Does the entity provide its customers with incentives to buy
goods or services by providing award credits as part of sales
transactions?
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189
190
191
192
193
194
A B C D E F G I
IAS18I
IAS 19
IAS19A
IAS19B
IAS19I
IAS19F
Does the entity enter into agreements for the construction of
real estate?
Employee Benefits
Does the entity have expenses arising from short term
employee benefits (other than those to which IFRS 2 Share-
based Paymentapplies) such as:
a) wages, salaries and social security contributions;
b) short-term compensated absences (e.g. absences due
to vacation, sickness and short-term disability, maternity or
paternity, jury service and military service);
c) profit-sharing and bonuses payable within twelve
months after the end of the period in which the employeesrender the related service; and
d) non-monetary benefits (such as medical care, housing,
cars and free or subsidised goods or services) for current
employees?
Does the entity provide post-employment benefits such as:
a) retirement benefits, such as pensions; and
b) other post-employment benefits, such as post-
employment life insurance and post-employment medical
care?
Has the entity been involved in a business combination or
acquisition in the current reporting period, which has brought
together separate entities into one economic entity as a
result of obtaining control over the net assets and operations
of another entity?
Has a curtailment or settlement occurred in the current
financial year?
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195
196
197
198
199
200
201
A B C D E F G I
IAS19C
IAS19J
IAS19D
IAS19E
IAS19G
IAS19H
IAS 19(2011)
Does the entity participate in any multi-employer post-
employment benefit plans?
Does the entity participate in a plan that shares risks
between various entities under common control?
Does the entity participate in a state post-employment
benefit plan?
Does the entity pay insurance premiums to fund a post
employment benefit plan?
Does the entity have any other long-term employee benefit
liabilities (other than those to which IFRS 2 Share-based
Paymentapplies) such as:
a) long-term compensated absences (e.g. long-service orsabbatical leave);
b) jubilee or other long-service benefits;
c) long-term disability benefits;
d) profit-sharing and bonuses payable twelve months or
more after the end of the period in which the employees
render the related service; and
e) deferred compensation paid twelve months or more
after the end of the period in which it is earned?
Is the entity due to pay any employee benefits as a result of
either:a) its decision to terminate an employee's employment
before the normal retirement date; or
b) an employee's decision to accept voluntary redundancy
in exchange for those benefits?
Employee Benefits
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202
203
204
205
206
207
A B C D E F G I
IAS19A
IAS19B
IAS19C
IAS19J
IAS19D
IAS19EDoes the entity pay insurance premiums to fund a post
employment benefit plan?
Does the entity have expenses arising from short term
employee benefits (other than those to which IFRS 2
applies), such as the following, if expected to be settled
wholly before twelve months after the end of the annual
reporting period in which the employees render the related
service:
a) wages, salaries and social security contributions;
b) paid annual leave and paid sick leave;
c) profit-sharing and bonuses; and
d) non-monetary benefits (such as medical care,
housing, cars and free or subsidised goods or services) for
current employees.
Has the entity post-employment benefits such as:
a) retirement benefits (e.g., pensions and lump sumpayments on retirement); or
b) other post-employment benefits, such as post-
employment life insurance and post-employment medical
care?Does the entity participate in any multi-employer post-
employment benefit plans, classified either as a defined
contribution or defined benefit plan?
Does the entity participate in a plan that shares risks
between various entities under common control?
Does the entity participate in any state post-employment
benefit plans, classified either as a defined contribution or
defined benefit plan?
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208
209
210
211
212
213
214
215
A B C D E F G I
IAS19G
IAS19H
IAS 20
IAS20A
IAS20B
IAS 21
IAS21A
IAS21E
Accounting for Government Grants and Disclosure of Government Assistance
Did the entity receive any grants, subsidies, subventions or
other transfer of resources from government, government
bodies or similar agencies?
Have any government grants been repaid or become
repayable?
The Effects of Changes in Foreign Exchange Rates
Does the entity have transactions in foreign currencies?
Does the entity have any other long-term employee benefits
including items such as the following, if not expected to be
settled wholly before twelve months after the end of the
annual reporting period in which the employees render the
related service:a) long-term paid absences such as long-service or
sabbatical leave;
b) jubilee or other long-service benefits;
c) long-term disability benefits;
d) profit-sharing and bonuses; and
e) deferred remuneration?
Is the entity due to pay any employee benefits as a result of
either:
a) its decision to terminate an employee's employment
before the normal retirement date; orb) an employee's decision to accept an offer of benefits in
exchange for the termination of employment?
Does the entity have any foreign operations?
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216
217
218
219
220
221
222
223
224
226
227
228
A B C D E F G I
IAS21H
IAS21D
IAS21B
IAS21B
IAS21B
IAS21C
IAS21G
IAS21F
IAS 23
IAS23A
IAS23B
Does the entity hold any foreign currency denominatedassets or liabilities that are used for hedging purposes?
Does the entity:
a) buy or sell goods or provide services whose price is
denominated in a foreign currency;
b) borrow or lend funds where the amounts payable or
receivable are denominated in a foreign currency;
c) acquire or dispose of assets, or incur or settle
liabilities, denominated in a foreign currency?
Is the functional currency of the entity the currency of a
hyperinflationary economy in accordance with IAS 29
Financial Reporting in Hyperinflationary Economies?
Does the entity have any assets or liabilities that are
denominated in a foreign currency?
Is the entity using a currency other than its functional
currency for presenting its financial statements (the
presentation currency)?
Has the entity disposed (or partially disposed) of a foreign
operation during the current period?
Borrowing Costs
Has the entity incurred borrowing costs that are not directly
attributable to the acquisition, construction or production of a
qualifying asset?
Has the entity incurred borrowing costs that are directly
attributable to the acquisition, construction or production of a
qualifying asset?
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235
236
237
238
239
240
241
242
243
244
245
A B C D E F G I
IAS 27(2008)
IAS27A
IAS27B
IAS27D
IAS27C
IAS27E
IAS 27(2011)
IAS27A
IAS27B
IAS 28(2008)
IAS28A
Has the reporting entity controlled one or more entities
during or at the end of the reporting period?
Consolidated and Separate Financial Statements
Is the entity applying IAS 27(2011) prior to its annual period
beginning on or after 1 January 2013?
Separate Financial Statements
Has the entity prepared separate financial statements?
Investments in Associates
Does the reporting entity exercise significant influence over
one or more entities?
During the reporting period, has the reporting entity created,
sponsored or engaged in transactions with an entity that was
established to accomplish a narrow and well-defined
objective of the reporting entity (so-called Special Purpose
Entity SPE)?
Has there been a non-controlling interest in any subsidiary in
the reporting entity during or at the end of the reporting
period?
Did the reporting entity lose control of an existing subsidiaryduring the reporting period (e.g. as a result of the disposal of
portion of the ownership interest)?
Does the entity prepare separate financial statements?
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246
247
248
249
250
251
252
253
254
255
A B C D E F G I
IAS28B
IAS28C
IAS 28(2011)IAS28A
IAS28B
IAS28C
IAS28D
IAS29
IAS29A
IAS29B
Financial Reporting in Hyperinflationary Economies
Does the entity or any of its subsidiaries prepare historical
cost financial statements in the functional currency of a
hyperinflationary economy?
Does the entity or any of its subsidiaries prepare current cost
financial statements in a currency of a hyperinflationary
economy?
Does the reporting entity have investments in associates or
joint ventures and prepare separate financial statements?
Is the entity applying IAS 28(2011) prior to its annual period
beginning on or after 1 January 2013?
Investments in Associates and Joint Ventures
Does the reporting entity exercise significant influence over
one or more entities or is the reporting entity a party to a
joint venture that has joint control of that joint venture?
Has the reporting entity ceased to exercise significantinfluence or joint control of an investee during the reporting
period (e.g., as a result of the disposal of a portion of the
ownership interest)?
Has the reporting entity ceased to exercise significant
influence during the reporting period (e.g. as a result of the
disposal of a portion of the ownership interest)?
Does the reporting entity have investments in associates and
prepare separate financial statements?
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256
257
258
259
260
261
262
A B C D E F G I
IAS29D
IAS29C
IAS 31
IAS31A
IAS31B
IAS31C
IAS31D
During the current reporting period, has the economy of the
entity or any of its subsidiaries functional currencies been
identified as hyperinflationary, when that economy was not
hyperinflationary in the prior period?
Has the economy of the entitys or any of its subsidiaries
functional currency ceased to be hyperinflationary during the
period?
Interests in Joint Ventures
Does the entity participate in a contractual arrangement with
one or more parties to undertake an economic activity, which
is subject to joint control? (Is the entity a party to a joint
venture?)
Does the entity have joint control over a joint venture that
involves the use of the assets and other resources of the
venturers rather than the establishment of a corporation,
partnership or other entity, or a financial structure that is
separate from the venturers themselves? (Is the entity a
venturer in a jointly controlled operation?)
Does the entity have joint control over a joint venture that
involves joint control, and often the joint ownership, by the
venturers of one or more assets contributed to, or acquired
for the purpose of, the joint venture and dedicated to the
purposes of the joint venture, with the objective that each
venturer has control over its share of future economic
benefits through its share of the jointly controlled asset? (Is
the entity a venturer in a jointly controlled asset?)
Does the entity have joint control over a joint venture
established as a separate corporation, partnership or other
entity in which each venturer has an interest? (Is the entity a
venturer in a jointly controlled entity?)
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263
264
265
266
267
274
275
276
277
278
A B C D E F G I
IAS31E
IAS31F
IAS31I
IAS31G
IAS31H
IAS 33
IAS33A
IAS33C
IAS33B
IAS33E
Is the entitys accounting policy to account for jointly
controlled entities in which it is a venturer using
proportionate consolidation?
Is the entitys accounting policy to account for jointlycontrolled entities in which it is a venturer using the equity
method?
Does the reporting entity have interests in jointly controlled
entities and prepare separate financial statements?
Has the reporting entity contributed or sold non-monetary
assets to a joint venture in which it is a venturer?
Has the reporting entity purchased assets from a joint
venture in which it is a venturer?
Earnings per Share
Does the entity have ordinary shares or potential ordinary
shares that are publicly traded, is the entity in the process of
issuing ordinary shares or potential ordinary shares in public
securities markets, or has it voluntarily chosen to disclose
EPS information in accordance with IAS 33?
Has the entity entered into a business combination during theyear?
Does the entity (or its subsidiary, associates and joint
ventures) have potential ordinary shares?
Does the entity have agreements whereby the issuance of
ordinary shares is contingent upon the occurrence or non-
occurrence of certain events?
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279
280
281
282
283
284
285
286
287
288
A B C D E F G I
IAS33D
IAS33I
IAS33F
IAS33G
IAS33H
IAS 36
IAS36A
IAS36G
IAS36D
IAS36C
Have any events occurred (other than the conversion of
potential ordinary shares) that have changed the number of
ordinary shares outstanding, without a corresponding change
in resources?
Does the entity have participating equity instruments that
are not convertible into a class of ordinary shares or two-
classes of ordinary shares?
Does the entity have contracts that may be settled in
ordinary shares or cash?
Has the entity held purchase options during the year (i.e.
options held by the entity on its own shares)?
Has the entity held written options or forward purchase
options during the year (i.e. contracts that require the entity
to repurchase its own shares)?
Impairment of Assets
Does the entity recognise assets such as property, plant and
equipment and investment properties that are measured on a
cost basis, or intangible assets?
Has the entity recognised any intangible assets with an
indefinite useful life or any intangible assets not yet available
for use?
Has the entity recognised goodwill acquired in a business
combination in its financial statements?
Does the entity recognise assets, for which there is an
indication that the assets may be impaired? (Refer to
compliance questions for 36A)
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289
290
291
292
293
294
A B C D E F G I
IAS36B
IAS36E
IAS36F
IAS 37
IAS37A
IAS37B
Does the entity have different divisions, business units,
branches or outlets that generate cash flows independently
from the other businesses within the entity? OR
Does the entity have investments in subsidiaries, associates
or joint ventures?
Does the entity have any corporate assets that exist for the
benefit of different divisions or business units within the
larger entity, but do not generate cash-flows independently
from the other divisions/business units, for example the
building of a headquarters or a research centre?
Did the entity recognise an impairment loss in a previous
period?
Provisions, Contingent Liabilities and Contingent Assets
Does the entity have any present obligations at the end of
the reporting period (legal or constructive) of uncertain
timing or amount that are expected to result in outflows of
resources embodying economic benefits?
Does the entity have any possible obligations arising from
past events that will only be confirmed by the occurrence of
uncertain future events that are not wholly within the controlof the entity, OR
Does the entity have any present obligations arising from
past events that have not been recognised as a provision
because it is not probable that an outflow of resources
embodying economic benefits will be required to settle the
obligation, or the amount of the obligation cannot be
measured with sufficient reliability? (Does the entity have
any contingent liabilities?)
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295
296
297
298
299
300
301
A B C D E F G I
IAS37C
IAS37D
IAS37E
IAS37F
IAS37G
IAS 38
IAS38ADid the entity hold or acquire any intangible assets (for
example intellectual property, trademarks, brands, patents,
copyrights or customer lists) during the year?
Does the entity have any possible assets that arise from past
events and whose existence will be confirmed only by the
occurrence or non-occurrence of one or more uncertain future
events not wholly within the control of the entity? (Does the
entity have any contingent assets?)
Is the entity a party to any contract where the unavoidable
costs of meeting the obligations under the contract exceed
the economic benefits expected to be received under it, for
example the long-term lease of a building that the entity is
no longer using? (Is the entity party to any onerous
contracts?)
Has the entity planned or embarked on a restructuring of the
business, i.e. a programme that is planned and controlled by
management that materially changes the scope of the
business undertaken by the entity; or the manner in which
business is conducted?
Did the entity have an interest in, or have an obligation to
make potential additional contributions to, a fund or a trust
in order to segregate assets to fund some or all of the costs
of decommissioning, restoration and environmental
rehabilitation?
Does the entity have any obligations related to
decommissioning of waste electrical and electronic equipmentpursuant to the European Unions Directive on Waste
Electrical and Electronic Equipment (WE&EE)?
Intangible Assets
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A B C D E F G I
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302
303
304
305
306
307
308
309
310
323
324
A B C D E F G I
IAS38B
IAS38E
IAS38D
IAS38C
IAS38F
IAS38G
IAS38J
IAS38H
IAS38I
IAS 39
IAS39H
Does the entity recognise any intangible assets that have
been generated internally (for example designs, processes,
goodwill, customer lists or web sites) on its statement of
financial position?
Did the entity incur additional expenditure, relating to anexisting item of intangible assets during the year?
Did the entity incur expenditure on starting up an operation
or business, training or advertising & promotion?
Did the entity incur expenditure related to research and/or
development?
Does the entity hold/own intangible assets accounted for
using the cost model?
Does the entity revalue any class of its intangible assets
under the revaluation model?
Does the entity hold any intangible assets with an indefinite
useful life?
Did the entity sell, scrap or otherwise dispose of any
intangible assets during the year, or are there intangible
assets from which no further economic benefits are
anticipated?
Has the entity incurred costs related to the development ofan internet web site or intranet?
Financial Instruments: Recognition and Measurement
Does one or more of the scope exceptions result in the
contract, or a portion of the contract falling outside IAS 39?
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325
326
327
328
329
330
331
332
333
334
335
336
A B C D E F G I
IAS39A
IAS39B
IAS39D
IAS39C
IAS39E
IAS39F
IAS39G
IAS 40
IAS40A
IAS40H
IAS40B
IAS40C
Does the contract contain one or more embedded
derivatives?
Is the contract a derivative instrument?
Has the entity removed (i.e. derecognised) a previously
recognised financial asset (or a portion of the financial asset)
from its statement of financial position?
Has the entity removed (i.e. derecognised) a previously
recognised financial liability (or a portion of the financial
liability) from its statement of financial position?
Has the entity designated a hedging relationship for
accounting purposes between one or more hedging
instruments and one or more hedged items?
Investment Property
During the year, did the entity hold, lease under a finance
lease, or acquire any land, buildings or properties?
Did the entity hold a property interest under an operating
lease that is accounted for as an investment property?
During the year, did the entity hold, lease under a finance
lease, or acquire any property meeting IAS 40s definition of
investment property?
During the year, did the entity incur additional expenditure
relating to an existing investment property?
Is the contract a financial liability?
Is the contract a financial asset?
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337
338
339
340
341
342
343
344
345
346
347
A B C D E F G I
IAS40I
IAS40D
IAS40E
IAS40F
IAS40G
IAS40J
IAS 41
IAS41A
IAS41B
IAS41C
IFRIC 12
Has the entity acquired investment property in exchange for
a non-monetary asset(s), or a combination of monetary and
non-monetary asset(s)?
Has the entity chosen the fair value model to account for all
its investment property?
Has the entity chosen the cost model to account for all its
investment property?
Has any item of investment property been transferred during
the year?
During the period, did the entity dispose of any investment
property (whether by sale or entering a finance lease or
otherwise) or permanently withdraw any investment property
from use?
During the period, has the entity received compensation from
third parties for investment property that was impaired, lost
or given up?
Agriculture
Is the entity involved in agricultural or farming activities with
respect to living plants or animals or does it own or control
any biological assets?
Is the entity unable to measure at initial recognition the fairvalue of any of its biological assets reliably?
Has the entity received government grants, subsidies or
subventions related to biological assets, agricultural activity
or farming (including grants that require an entity not to
engage in agricultural activity)?
Service Concession Arrangements
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348
349
350
353
354
355
356
357
358
359
IFRIC12A
IFRIC12B
IFRIC12C
IFRIC 17
IFRIC17A
IFRIC17B
IFRIC 18
IFRIC18A
IFRIC18B
IFRIC 19
Is the entity a private sector operator that is party to a
service concession arrangement within the scope of IFRIC
12?
Has the entity recognised a financial asset in respect of a
service concession arrangement in accordance with IFRIC 12?
Has the entity recognised an intangible asset in respect of a
service concession arrangement in accordance with IFRIC 12?
Distributions of Non-cash Assets to Owners
Has the entity distributed assets other than cash as dividends
to its owners acting in their capacity as owners?
Has there been any difference between the carrying amount
of the assets distributed and the carrying amount of the
dividend payable when the entity has settled the dividend
payable?
Transfers of Assets from Customers
Has the entity received a transfer of an item of property,
plant and equipment from a customer?
Has the entity received a transfer of cash from a customer?
Extinguishing Financial Liabilities with Equity Instruments
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360
361
362
364
Yes IFRIC19A
IFRIC 19
(amended) Yes IFRIC19AExtinguishing Financial Liabilities with Equity Instruments
Has the entity renegotiated the terms of a financial liability
with the result that the entity is issuing equity instruments to
a creditor of the entity to extinguish all or part of the
financial liability?
Has the entity renegotiated the terms of a financial liability
with the result that the entity is issuing equity instruments to
a creditor of the entity to extinguish all or part of the
financial liability?
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IFRS 1
Yes IFRS1A
IFRS 2
Yes IFRS2A
IFRS 3
IFRS3A
IFRS3B
IFRS 4
Yes IFRS4
IFRS 5
Yes IFRS5
IFRS5A
Did the entity have any non-current assets or disposal groups
held for sale, or discontinued operations, during the current
period or after the reporting period?
Did the entity have any non-current assets or disposal groups
held for sale?
Did the entity have any share-based payment arrangements
in the scope of IFRS 2?
Business Combinations
Is the acquisition date of a business combination after the
end of the reporting period but before the financial
statements are authorised for issue?
Insurance Contracts
Did the entity issue any insurance contracts (including
reinsurance contracts) or hold any reinsurance contracts?
Non-current Assets Held for Sale and Discontinued Operations
Has the entity entered into a business combination during thecurrent or prior reporting period?
y / g Q
First-time Adoption of International Financial Reporting Standards
Is the entity a first-time adopter in terms of IFRS 1 in the
current period?
Share-based Payment
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IFRS5BDid the entity have any discontinued operations?
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IFRS5C
IFRS5D
IFRS 6
Yes IFRS6A
IFRS 7
Yes IFRS7A
IFRS 7
(amended) Yes IFRS7A
IFRS 8
IFRS8A
Does the entity have any financial instruments?
Financial Instruments: Disclosures (entity has adopted IFRS 9)
Does the entity have any financial instruments?
Operating SegmentsDoes the entity :
(a) have a debt or equity instruments that are traded in a
public market (for example, a domestic or foreign stock
exchange or an over-the counter market); or
Did the entity sell any non-current assets or disposal groups
during the reporting period?
Are the criteria in paragraphs 7 and 8 of IFRS 5 for
classification as held for sale met after the reporting periodbut before the authorisation of the financial statements for
issue?
Exploration for and Evaluation of Mineral Resources
Has the entity incurred expenditure related to exploration
and evaluation of mineral resources?
Financial Instruments: Disclosures (entity has not yet adopted IFRS 9)
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IFRS8A(b) file or is in the process of filing, its (consolidated)
financial statements with a securities commission or other
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IFRS8A
IFRS 9(2009)
Yes IFRS9A
IFRS 9(2010)
IFRS9A
IFRS39A
IFRS 10
IFRS10A
IFRS10B
IFRS 11
Is the entity applying IFRS 10 prior to its annual period
beginning on or after 1 January 2013?
Is the entity applying IFRS 10 for the first time?
Financial Instruments
Has the entity applied IFRS 9 (and the amendments to other
IFRSs listed in Appendix C of IFRS 9) for a period beginning
before 1 January 2013?
Did the entity implement any fair value hedges of the interest
rate exposure of a portion of a portfolio of financial assets or
financial liabilities?
Consolidated Financial Statements
Has the entity applied IFRS 9 (and the amendments to other
IFRSs listed in Appendix C of IFRS 9) for a period beginning
before 1 January 2013?
financial statements with a securities commission or other
regulatory organisation for the purpose of issuing any class of
instruments in a public market; or
(c) choose to disclose voluntary information about segments
that is described as segment information.
Financial Instruments
Joint Arrangements
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IFRS11AHas the entity transitioned from proportionate consolidation
method to equity method while accounting for joint
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IFRS11B
IFRS11C
IFRS 12
Yes IFRS12A
IFRS 13
IFRS13A
IFRS13A
IAS 1
IAS1A
Presentation of Financial Statements
Does the entity present an income statement?
Does the entity have any interests in other entities, for
example, subsidiaries, joint arrangements (i.e., joint
operations or joint ventures), associates or unconsolidated
structured entities?
Fair Value Measurement
Does the entity have assets and liabilities that are measured
at fair value on a recurring or non-recurring basis in the
statement of financial position after initial recognition?
Does the entity have assets and liabilities not measured at
fair value in the statement of financial position but for which
the fair value is disclosed?
method to equity method, while accounting for joint
ventures?
Has the entity transitioned from the equity method to
accounting for assets and liabilities?
Was the entity previously accounting in separate financial
statements?
Disclosures of Interests in Other Entities
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IAS1BDoes management, in extremely rare circumstances,
conclude that compliance with a requirement in an IFRS
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IAS1C
IAS1D
IAS1E
IAS1F
IAS1G
IAS1H
IAS1I
IAS 2
conclude that compliance with a requirement in an IFRS
would be so misleading that it would conflict with the
objective of financial statements set out in the Framework?
Did the entity hold a puttable financial instrument or an
instrument that imposes on the entity some obligations
arising on liquidation?
Has the entity departed from a requirement of an IFRS in aprior period, and does that departure affect the amounts
recognised in the financial statements for the current period?
Is management aware, in making its assessment of the
entity's ability to continue as a going concern, of material
uncertainties related to events or conditions that may cast
significant doubt upon the entitys ability to continue as a
going concern?
Did the entity change the end of its reporting period and are
the financial statements presented for a period longer orshorter than one year?
Has the presentation or classification of items in the financial
statements been changed?
Does a presentation based on liquidity provide information
that is reliable and more relevant than presentation on a
current/non-current basis?
Did the entity breach a provision of a long-term loan
agreement on or before the end of the reporting period with
the effect that the liability becomes payable on demand?
Inventories
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Yes IAS2ADid the entity have inventories?
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IAS 7
IAS7A
IAS7B
IAS7C
IAS 8
IAS8A
IAS8B
IAS8C
IAS8D
IAS8E
IAS 10
Statement of Cash Flows
Did the entity have any cash flows arising from aninvestment in an associate or a subsidiary accounted by the
use of the equity or cost method (e.g. dividends or
advances)?
Did the entity have any cash flows arising from an
investment in a jointly controlled entity accounted for by the
use of the proportionate consolidation or equity method ?
Did the entity have any cash flows arising from changes in
ownership interests in subsidiaries and other businesses?
Accounting Policies, Changes in Accounting Estimates and Errors
Did the entity change any accounting policies during the
reporting period due to the initial application of a standard?
Did the entity voluntarily change any accounting policies
during the reporting period?
Has the entity not applied a new IFRS that has been issuedbut is not yet effective?
Did the entity change any accounting estimate that has an
effect on the current or future reporting periods?
Did the entity discover any prior period errors?
Events after the Reporting Period
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IAS10AAre dividends declared (i.e. the dividends are appropriately
authorised and are no longer at the discretion of the entity)
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IAS10B
IAS10C
IAS 11
Yes IAS11A
IAS 12
IAS12A
IAS12B
IAS12C
IAS 16
IAS16A
after the reporting period but before the financial statements
are authorised for issue?
Has the entity received information after the reporting period
about conditions that existed at the end of the reportingperiod?
Have any non-adjusting events occurred after the reporting
period but before the financial statements are authorised for
issue?
Construction Contracts
Did the entity have any construction contracts, for which it is
the contractor?
Income Taxes
Did the entity have any deferred tax assets?
Is the entity subject to income tax in a jurisdiction whereby
income taxes are payable at a higher or lower rate, or may
be refundable or payable, if part or all of the net profit or
retained earnings is paid out as a dividend?
Are changes in tax rates or tax laws enacted or announcedafter the reporting period?
Property, Plant and Equipment
Did the entity hold or acquire any property, plant or
equipment?
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IAS16BDoes the entity have any obligations to dismantle, remove
and restore items of property, plant and equipment
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IAS 17
IAS17A
IAS17B
IAS17C
IAS17D
IAS17E
IAS17F
IAS17G
IAS 18
(commonly referred to as decommissioning, restoration and
similar liabilities)?
Leases
Did the entity hold any assets under finance leases (i.e. the
entity is a lessee under a finance lease)?
Is the entity a lessee under any operating lease?
Is the entity a lessor under any finance lease?
Did the entity hold any assets which are leased out under
operating leases (i.e. the entity is a lessor under an operatinglease)?
Are any of the arrangements where the entity is acting as a
lessor or a lessee (either under any operating lease or under
a financing lease) sale and leaseback arrangements?
Did the entity enter into an arrangement, comprising a
transaction or a series of related transactions, that does not
take the legal form of a lease but that conveys a right to use
an asset (e.g. an item of property, plant or equipment) in
return for a payment or series of payments?
Did the entity have any arrangements that have a legal form
of a lease but that do not, in substance, involve a lease under
IAS 17?
Revenue
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IAS18A
IAS18C
Did the entity recognise any revenue?
D th tit t i t t f th t ti f
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IAS18C
IAS 19
IAS19A
IAS19B
IAS19C
IAS19D
IAS19E
IFRS 19(2011)
IAS19A
IAS19B
IAS19C
IAS19D
Did the entity participate in any defined benefit plans for post-
employment benefits?
Did the entity participate in any defined contributions plans
for post-employment benefits?
Does the entity enter into agreements for the construction of
real estate?
Employee Benefits
Did the entity provide any short-term employee benefits?
Did the entity participate in any defined benefit plans for post-
employment benefits?
Did the entity participate in any defined contributions plans
for post-employment benefits?
Did the entity provide any other long-term employeebenefits?
Did the entity offer or grant any termination benefits?
Did the entity provide any other long-term employee
benefits?
Employee Benefits
Did the entity provide any short-term employee benefits?
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IAS19EDid the entity offer or grant any termination benefits?
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IAS 20
IAS20A
IAS20B
IAS 21
IAS21A
IAS21A
IAS21A
IAS 23
IAS23A
IAS 24
IAS24A
IAS24B
Accounting for Government Grants and Disclosure of Government Assistance
Did the entity receive any government grants?
Did the ent