Videos 33
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1. Introduction & Agenda - AASB 2020-2 • over 3 years ago
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2. Types of financial reporting and basic terminology • over 3 years ago
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3. What is AASB 2020-2 and who is affected? • over 3 years ago
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3.1 Quiz: Which entities need general purpose financial accounts? • over 3 years ago
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3.2 Question: Does a subsidiary of a foreign company have to prepare general purpose accounts? • over 3 years ago
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4. How to apply recognition and measurement - top 10 mistakes • over 3 years ago
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4.1 Mistake 1: Revenue - AASB 15 • over 3 years ago
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4.2 Mistake 2: Leases - AASB 16 • over 3 years ago
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4.3 Mistake 3: Employee benefits • over 3 years ago
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4.4 Mistake 4: Property, plant and equipment • over 3 years ago
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4.5 Mistake 5: Tax effect accounting - AASB 112 • over 3 years ago
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4.6 Mistake 6: Consolidation - AASB 10, 11, 12, 128 • over 3 years ago
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4.7 Mistake 7: Accrual adjustments • over 3 years ago
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4.8 Mistake 8: Reserves • over 3 years ago
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4.9 Mistake 9: Current vs Non-current • over 3 years ago
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4.10 Mistake 10: Materiality • over 3 years ago
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5. How to compile general purpose financial statements • over 3 years ago
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5.1 Common errors when preparing general purpose financial reports • over 3 years ago
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5.2 Quiz: If an accounting standard states you "shall" or "must" disclose something, but is immaterial, can you omit it? • over 3 years ago
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6. Question: Can we still use compilation reports for general purpose accounts? • over 3 years ago
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7. Cash flow statement - tips • over 3 years ago
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8. Software, tools and templates for preparing general purpose financial statements • over 3 years ago
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9. Interim financial statements - tips • over 3 years ago
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10. Question: Can the auditor sign off on both GPFR and MFR reports for QBCC? • over 3 years ago
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11. Key takeaways and Q&A - AASB 2020-2 • over 3 years ago
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11.1 Question: Are there any differences between AASB and IFRS? • over 3 years ago
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11.2 Question: What is the process of outsourcing financial reporting preparation? • over 3 years ago
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11.3 Question: How do you deal with non-assessable, non-exempt income for general purpose accounts? • over 3 years ago
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11.4 Question: Can a not-for-profit public company that lodges with ASIC or ACNC still prepare special purpose accounts? • over 3 years ago
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11.5 Question: Do Aboriginal corporations require general purpose accounts? • over 3 years ago
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11.6 Question: How do you record donations for a Deductible Gift Recipient (DGR)? • over 3 years ago
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11.7 Question: Do the large company thresholds apply on a group or individual entity basis, for consolidated accounts? • over 3 years ago
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12. Conclusion - AASB 2020-2 • over 3 years ago