IFRS PRACTICAL IMPLEMENTATION GUIDE AND WORKBOOK

Index

465

functional currency, 159- 160 recognition of exchange differences, 160-161 recording foreign currency transactions using functional currency, 160 translation of a foreign operation, 163- 164 translation to presentation currency from functional currency, 161-1 63 Effective interest rate, 255 Effective interest rat e method, 254-255 Egypt, IFRS adoption by, 1 Embedded deri vatives, 267-270 IFRIC 9, Reassessment of Embedded Derivatives, 6, 270 multiple, compound financial instruments with, 451 Emission Rights (lFRI C 3, withdrawn), 6 Employee Benefits (l AS 19), 3, 137-148 accounting for defined benefit plans, 139 accounting for defined contr ibution plans, 138-1 39 actuarial gains and losses– defined benefit plans, 143– 144 balance sheet, 140-1 41 classification of defined contribution and defined benefit plans, 137-1 38 contrasting defined benefit and defined contribution, 138 curtailments and settlements, 142- 143 defined benefit plans, 138 defined contribution plans, 138 definitions, 137 disclosure, 144- 146 extracts from published financial statements, 146- 148 Requirements and Their Interaction (IFRIC 14), 6 lAS 26 contrasted with, 186 and IFRIC 14, 144 income statement, 141 key information: defined benefit plans, 139- 140 measuring defined benefit obligation, 141 pension assets and liabilities, 141-1 42 plan assets, 141 scope of standard, 137 lAS 19- The Limit on a Defi ned Benefit Asset, Minimum Funding

Employee benefits, for first– time IFRS adopters, 369 Environmenta l rehabilitation, 6 Equity : defined, 10 disclosures of, 452 presentation of, 224-230 Equity instruments: defined, 221- 222 issued by entity (own equity), 228- 230 modifications to, 384 reversal of impairment losses, 264 share-based payments involving, 387 Equity method , 203, 217 defined, 202 exceptions to, 204 Equity-settled transactions, 383-384 Errors, prior-period: correction of, 57 defined, 5 1 Es timation un certainty, key sources of, 20 Estonia, IFRS adoption by, 1 European Union (EU) , IFRS adoption by, 1 Evaluating the Substance of Transactions In volving the Legal Form of a Lease (SIC 27),4,124 Events After the Balance Shee t Date (lAS 10),3,61-65 adjusting and nonadj usting events, 62- 64 authorization date, 61-62 defi nitions, 6 1 disclosure requirement s, 64 dividends proposed or declared after the balance sheet date, 64 extracts from published financial stateme nts, 65 going concern considerations, 64 scope of standard, 6 1 Exchanges, of noncurrent assets, 430 Exchange differences: defined, 159 disclosure of, 164-1 65 on intragroup items, 163 recognition of, 160-1 61 Executory contra cts, 318 Expenses: for construction contracts, 69– 70 defi ned, 10

Disclosures in the Financial Statements of Banks and Similar Financial Institutions (lAS 30), 448 Disclosure-Service Concession Arrangements (SIC 29), 4 Discontinued activities, 430 Discontinued ope rations, presentation and disclosure of, 433-434 Discounting, for deferred tax ass etsllia bilities, 83 Discount rate, 307-308 Dispo sals: acquisit ion of noncurrent assets for, 430 of foreign entities, 164 of intangible assets, 338 of investment properties, 349 of subsidiarieslbusiness units, 42 Disposal group, 428 Dissenting opinions, 6 Dividends: balance sheet date, 64 tax consequences of, 84 Dividend revenue, recognition of, 134 Dominican Republic, IFRS adoption by, 1 Due process in Sta nda rd– sett ing, 6 E Earnings per share: basic, 294-295 diluted,294-295 Earnings per Share (lAS 33), 4, 286-296 basic, 287-289 definitions, 286 diluted, 289-294 disclosures, 294-295 extracts from published financial statements, 295-296 ordinary shares, 286 presentation of, 286- 287, 294 rights issues, 289 Economic life, depreciation and,111-112 Ecuador, IFRS adoption by, 1 The Effects ofChanges in Foreign Exchange Rates (lAS 21),4, 159-167 definitions, 159 disclosure, 164-1 65 extracts from published financial statements, 165-1 67 presentation of, 231-232 proposed or declared after