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(a) A director of Enca, a public listed company, has expressed concerns about the accounti

(a) A director of Enca, a public listed company, has expressed concerns about the accounting treatment of some of the company’s items of property, plant and equipment which have increased in value. His main concern is that the statement of financial position does not show the true value of assets which have increased in value and that this ‘undervaluation’ is compounded by having to charge depreciation on these assets, which also reduces reported profit. He argues that this does not make economic sense.

Required:

Respond to the director’s concerns by summarising the principal requirements of IAS 16 Property, Plant and Equipment in relation to the revaluation of property, plant and equipment, including its subsequent treatment.

(b) The following details relate to two items of property, plant and equipment (A and B) owned by Delta which are depreciated on a straight-line basis with no estimated residual value:

(a) A director of Enca, a public listed company, h

At 31 March 2014 item A was still in use, but item B was sold (on that date) for $70 million.

Note: Delta makes an annual transfer from its revaluation surplus to retained earnings in respect of excess depreciation.

Required:

Prepare extracts from:

(i) Delta’s statements of profit or loss for the years ended 31 March 2013 and 2014 in respect of charges (expenses) related to property, plant and equipment;

(ii) Delta’s statements of financial position as at 31 March 2013 and 2014 for the carrying amount of property, plant and equipment and the revaluation surplus.

The following mark allocation is provided as guidance for this requirement:

(i) 5 marks

(ii) 5 marks (10 marks)

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更多“(a) A director of Enca, a public listed company, has expressed concerns about the accounti”相关的问题

第1题

阅读理解阅读下面的文章,根据文章内容,完成相应的选择题。ORGANIZATION STRUCTURE IN HOOGLE EN

阅读理解

阅读下面的文章,根据文章内容,完成相应的选择题。

ORGANIZATION STRUCTURE IN HOOGLE ENGINEERING

I'm Michael Bush, Managing Director of Hoogle Engineering. I am pleased to welcome you here to our website and I'd like to tell you a little about the company and its organization. Hoogle Engineering was set up in 1960. It was divided into several departments at that time, such as the sales department, marketing department, and production department. Lots of managers were employed to manage it all.

Fortunately things are different now. Sixty people are employed by Hoogle and communication between departments is considered to be one of the most important aspects of the business. The market is global so we need to make contact with customers worldwide, not just locally.

But in the old days we were all in different departments and never spoke to each other. We had a tall structure. Traditionally we had people at the first level on the shop floor, manufacturing products according to the instructions which they were given. Then you had a supervisory level of people who supervised them every day. Then you moved up to the middle management, who were doing the tasks of getting new business, and then you had the senior management team, and then you had the board, who decided the business strategy. So there were a lot of levels in the company in the old days actually.

The structure today is that we form. teams within teams to place people who can manufacture a product. Each team has members that can manufacture different products. The actual teams now are self-managing, so we don't even have team leaders. You've got the teams, and then you've got two people, only two people, who are what you think of as management. This is generally called flat structure.

操作提示:通过题干后的下拉框选择题目的正确答案。

1. Hoogle Engineering was set up in __________. {A; B; C}

A. the nineteenth century

B. the twentieth century

C. the twenty first century

2. There are many different __________of management in a tall structure. {A; B; C}

A. kinds

B. levels

C. functions

3. People in a flat structure usually work in __________. {A; B; C}

A. departments

B. families

C. teams

4. All of the following statements are true according to the passage EXCEPT that __________. {A; B; C}

A. communication in the company is becoming more and more important

B. the author thinks the two structures have the same functions

C. there are more individual responsibilities in the flat structure

5. The best title for the passage is __________. {A; B; C}

A. Organization Structure in Hoogle Engineering

B. History of Hoogle Engineering

C. Success in Hoogle engineering

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第2题

The director was critical ______ the way we were?

The director was critical ______ the way we were doing the work.

A) atB) inC)ofD) with

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第3题

The Finance Director argued _____ our Managing Director over profit sharing.

A.on

B.to

C.with

D.about

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第4题

要找出所有名字第二个字母为“a”的导演的电影信息,SQL语句为——

A.SELECT * FROM Movie WHERE director LIKE ‘_a_’;

B.SELECT * FROM Movie WHERE director LIKE ‘%a%’;

C.SELECT * FROM Movie WHERE director LIKE ‘%a_’;

D.SELECT * FROM Movie WHERE director LIKE ‘_a%’;

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第5题

director()

A.房间

B.导演

C.吵闹的

D.出品

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第6题

The director required that every member in his department ______ to his report. A.refer B.referred

The director required that every member in his department ______ to his report.

A.refer B.referred C.has referred D.refers

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第7题

The director()(tell)his assistant to pick up some hot dogs for the meeting just now.

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第8题

用于加工声音的软件是()。

A.FLASH

B.Photoshop

C.CoolEdit

D.Director

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第9题

35、下列SQL语句哪一个是查询出所有电影的导演名字和上映年份——

A.SELECT year,director FROM Movie

B.SELECT mID,title FROM Movie

C.SELECT director,year FROM Movie

D.SELECT director,mID FROM Movie

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