IFRS PRACTICAL IMPLEMENTATION GUIDE AND WORKBOOK

462

Index

intangible, 4, 72, 223, 330, 336. See also Intangible Assets (lAS 38) jointly controlled, 2 I6 noncurrent, held for sale, 428– 437 pensions, 141-142 property, plant, and equipme nt, see Property, Plant, and Equipment (lAS 16) qualifying, 170-1 72 recoverable amount of, 304- 306 residual value of, 33 I segmen t, 97 , 98 Associates: acquisition of, 204-205 defin ed, 202 of first-time IFRS adopters, 369 investments in, 4, 202-208 Australia: IFRS adoption by, I national standards of, 363 Au st ria, IFRS adoption by, 1 Authorization date, 61-62 Available-for-sale financial assets (AFS), 240, 259-261 impaired, 263 reversal of impairment losses 264 ' B Baha"? as, IFRS adoption by, 1 Bahram, IFRS adoption by , 1 Balance sheets, 17-18 allowance acco unt for credit losses on, 451 carrying amounts on, 449 collateral on, 451 compound financial instruments with multiple embedded derivatives on, 451 defaults and breaches on, 45 1 derecognition on, 350-351 employee benefits on, 140-141 for first- time IFRS adopters, 364-366 gra nts related to assets on, 155 for hyperinflationary eco nomies, 211 for interim reports, 300 items at fair value through profit or loss on, 449- 250 reclassifications on, 350 Bangladesh, IFRS adoption by 1 ' Bank borrowings, as cash equivalents, 36-37 that are not financial instruments, 222-223

Barbados, IFRS adoption by, 1 Barter: involvi ng advertising serv ices 131 ' SIC 31, Revenue-Barter Transactions Involving Adverti sing Services, 4 Basic earnings per sha re, 286- 289,294-295 Basis for Conclusions , 6 Bela~us, IFRS adoption by, 1 Belgium, IFRS ado ption by , 1 Benchmark treatment (bor r owing costs), 172 Best estimates, 319 Biolog ical assets: defined, 353 disc losures for, 358 gains and losses on, 354 government grants related to, 355 measurement of, 354, 356 recognition of, 353 reliability of fair value for 355 Biological transformation, 353 Borrowing Costs (l AS 23) 4 170-174 ' , amendments to, 172-173 borrowing costs, 171 borrowings eligib le for capitalization, 173-174 cessation of capitalization, 175 defin itions, 170 disclosure, 175 exces s of carry ing amount of qualifying asset over recove rable amoun t, 175 qualifying assets , 171-172 recogn ition, 172-173 scope of standard, 170 suspension of capitalization, 175 Bosnia, IFRS adoption by, 1 Bots~ana, IFRS adoption by, 1 Brazil, IFRS adoption by, 1 Breaches, on balance sheet 451 Bulgaria, IFRS adoption b~, 1 Business combinations 402 . ' defmed,402 first-time adopter exemption for, 368 Bu siness Combinations (I FRS 3), 5, 402-417 cost of acquisition, 404 defi nitions, 402-403 disclosures , 409-410 effec tive date and transitional requirements, 4 11 commencement of capitalization, 175

extracts from published financial statement s, 41 1-417 goodwi ll, 406 identifying an acquirer, 403 initial acco unting, 408-409 net assets acquired, 404-406 piece mea l acqui sition, 406-408 rece nt IFRS 3 amendments 410-4 11 ' Business segments: defined,94 lAS 14, Segment Reporting, 3, 94-102 identify ing, 94-95 Bu siness units, disposal of, 42 C Call options, 266-267 Can~da, IFRS ado ption by, 1 Capita le defi ning, 21 financial vs. physical concepts of, I I Capita l Disclosures ame ndment (lAS 1),21-24 Ca pitalization : borrowings eligible for, 173- 174 cessation of, 175 commenceme nt of, 175 suspension of, 175 Capital maintenance, 11 Carrying amounts, on balance shee t, 449 Cash: defined, 35 reconciliation of cash equiva lents and, 42 Cas h equivalents: bank borrowings as, 36-37 on cas h flow stateme nt, 36-37 defined, 35 movements in, 37 reconc iliation of cash and, 42 Cash flows : future, 306-307 inflow s, 38 outflows, 38, 39 Cash flow hedge, 271, 274-278 Cas h flow statements, 20 gran ts related to assets on, 155 for interim reports , 300 Cash Flow Statements (lAS 7), 3,35-49 acquisitions and disposals of subsidiaries and other business units, 42 benefits of presenting, 35-36 cas h and cash equivalents, 36– 37 definitions, 35