11/18 FAR 10个考点

kevin

大题:
1. Account Receivable under gross method/Perpetual inventory method. give you 3/10. bad debt percentage is 2% of sales. Calculate sales, allowance for bad debt and bad debt expense.
2. Impairment loss calculation under GAAP, 写各种分录
3. Depreciation for fixed asset improvements and expense for repairs and maintanance. Give you 3 scenerio: 写各种分录
4. Business combination. 司收购的大分录，要自己算goodwill. Not regular CAR IN BIG but eliminating Assets and Liabilities.
5. Research. Governmental intercompany subsidiaries eliminating entries shall not eliminate proft/loss.完全不会写
选择题
1. 50% of IFRS questions!!! Everything are under IFRS. Focus on IFRS and it will definitely help.
2. Governmental and NPO: testing cash flow categories; net position, fund balance for different funds
3. PUFER: foreign translation adjustments shall go to OCI or NI; OCI's defination; AOCI shall be presented in which section
4. LEASE: Lease term; capital lease/operating lease gain deferral question
5. Bond: effective interest method, calculate balance after 2 year's amortization/ unamoritzed bond discount