473 / 488
A
Abandonment, 430
Accounting and Reporting by
Retirement Benefit Plans
(lAS
26),4, 186-191
defined benefit plans, 188-1 90
defined contribution plans,
187-1 88
definit ions, 186-1 87
disclosures, 188-1 91
lAS 19 contrasted with, 186
scope of standard, 186
Accounting estimates:
changes in, 51, 55- 57
for first-time IFRS adopters,
370
Accounting for Government
Grants and Disclosure of
Government Assistance
(lAS
20),4, 151-157
definitions, 151-152
disclosures, 156
extracts from published
financial statements, 157
government assista nce, 156
government grants, 152
nonmonetary grants, 155
presenta tion of grants related to
assets, 155-1 56
recognition of government
grants, 152- 155
repayment of government
grants, 156
scope of standard, 151
Accounting policies:
changes in,
see
Changes in
accounting policies
consistency of, 52
for consolidated financial
statements, 194-1 95
defined,51
disclosure of, 20, 452
for exploration and evaluation
of mineral resources, 44 1
for first-time IFRS adopters,
366
for interim financial reporting,
30 1
management judgment in
developing/applying, 8
for segments, 97
selection and application of,
51-52
Accounting Policies, Changes in
Accounting Estimates and
Errors
(lA S 8), 3, 51-59
accounting policies, 5 1
applying changes in accounting
policies, 53-54
Index
changes in accounti ng
estimates, 55-57
consistency of accounti ng
policies, 52
correction of prior-period
errors, 57-58
definitions, 5 1
disclosure s with respect to
changes in accounting
policies, 55
extracts from published
financial statements, 59
factors gove rning changes in
accounting policies, 53
and IFRS 6, 440, 44 1
limitations of retrospective
application , 54-55
management judgment in
developing/applying policies,
8
objec tives of, 5 1
selection and applic ation of
accounting policies, 51-52
Accounting Standards Board of
Japan (ASBJ), 2
Accrual ba sis of accounting,
8–
9,16
Acquisitions.
See also Business
Combinations
(IFRS 3)
on cash flow statement, 42
costs of, 404, 4 10
identifying an acquirer, 403
net assets acquired, 404-406
of noncurrent assets for
disposal, 430
piecemeal, 406-408
step, 410
Active market, 353
Actuarial gains and losses:
corridor approach for, 144, 146
defined, 137
for defined benefit plans, 143–
144
for first-time IFRS adopters,
369
full recognition approach for,
144
Actuarial present value of
promised retirement benefits,
186,189
Adjusting events after the
balance sheet date, 61-64
Advertising, barter involving,
131
Advisory committees, 6
AFS,
see
Available-for-sale
financial assets
Aggregation, in presentation of
statements, 16
461
Agricultu ra l produce:
defined, 353
disclosures for, 358
gains and losses on, 354
gove rnment grants related to,
355
measurement of, 354
recognition of, 353
Agriculture
(lAS 41), 4, 353-359
definitions, 353
disclosures , 355
extracts from published
financial statements, 355-356
fair value reliability, 355
gains and losses, 354-355
government gran ts, 355
issues in, 355-357
measurement, 354
recog nition, 353
Allowance account, for credit
losses, 451
Allowed alternative treatment
(borrowing costs) , 172
Amendments:
adoption date for, 5
to lAS 1, 2 1- 25
to lAS 23, 172- 173
to lAS 27,197- 198
to lAS 39, 278
to IFRS 2, 39 1-392
to IFRS 3,4 10-411
proposed, 7
Amortization, of intangible
assets, 338
Amortized cost, 254-257
Antidilution, 286
Applying the Restatement
Approach under lAS 29
Financial Reporting in
Hyperinflationary Economies
(IFRIC 7), 6, 213
Armenia , IFRS adoption by, 1
ASBJ (Accounting Standards
Board of Japan), 2
Assets:
on balance sheet, 17
contingent (possible), 3 18,
324-325
current taxes, 79
deferred tax, 82-83
defined, 10,330
excess of carrying amount over
recoverable amount, 175
for exploration and eva luation,
440
financia l, see Financial asse ts
for first-time IFRS adopters,
369