485 / 488
of constructio n contract
revenue and expenses, 69-70,
72
of deferred tax assets, 387
of dividend revenue, 134
of employee benefits, 140
of exchange differences, 160–
161
of expenses, 335- 336
of exploration and eva luation
of mineral resources, 441
of financial asse ts or liabilities,
242-243
of government grants, 152-1 55
of impairment losses, 308
of interest income on impaired
financial assets, 264
of interest revenue, 134
of inventory expe nse, 32
of investment properties, 346
measurement of intangible
assets after, 336- 337
of property, plant, and
equipment, 108-1 10
of provisions, 318-3 19
of revenue from rendering of
services, 133-1 34
of royalty revenue, 134
of sale of good s revenue, 131–
133
of share-based payme nts, 382–
383
of tax liabilities/assets, 83-84
Recoverable amo unt of an asset
or a cash-generating unit:
defined, 304
determination of, 305-306
Related parties, 177
Related-Party Disclosures
(lAS
24),4, 176-184
defi nitions, 177- 180
disclosures, 181-182
explanation and elabo ration of
definitions, 178-1 80
extracts from published
financial statements, 183-1 84
proposed amendment to, 7
scope exclusions, 181
scope of standard, 176-1 77
Related-party transactions, 177,
180
Rel evance of financi al
statements, 9
Reliability of financial
statements, 9- 10
Reportable segme nts, 95-97,
103
Reporting date, 364
Reporting period:
for financial statements, 16
Index
for first-time IFRS adopters,
366
Research:
defined,330
expenditures for, 333
Residual va lue (of an asset):
defined, I08, 33 1
intangible assets, 338
Restatement approach, 6, 213
Restoration:
IFRIC I,
Changes in Existing
Decommissioning.
Restoration and Similar
Liabilities. 6
IFRIC 5,
Rights to Interests
Arising from
Decommissioning.
Restoration and
Environmental Rehabilitation
Funds. 6
Restructuring:
defined, 318
of provisions, 32 1- 322
Retirement, of intangible asset s,
338
Retirement benefit plans. See
also Defin ed benefit plan s;
Defin ed contribution plans
defined, 187
lAS 19,
Employee Benefi ts.
137-1 48
lAS 26,
Accounting and
Reporting by Retirement
Benefi t Plans. 186- 191
Retrospe ctiv e cha nges in
accounting policies, 53-55
Retrospective effectiveness
(hedges), 277
Return on plan asse ts, 137
Revaluation, as deemed cost ,
368
Revaluation mod el (assets), HI ,
336-337
Revenue:
deferred, 223
defi ned, 130
gains vs., 129
recognition for construction
contracts, 69-70
segment, 98
Revenue
(lAS 18),3, 129-135
defini tions, 130
disclosures, 134
extracts from published
financial statements, 135
identification of a transaction,
131
IFRIC 13 customer loyalty
programs, 134
interest, royalties, and
dividends, 134
473
measurement of revenue , 130--
131
rendering of services, 133-1 34
sale of goods, 13 1- 133
scope of sta ndard. 129
Revenu e-Barter Tran saction s
In volving Advertising Services
(SIC 31), 4
Rights to Interests Arising from
Decommissioning, Restoration
and En vironmental
Rehabilitation Funds
(IFRIC
5),6,197,324-325
Risks:
from financial instruments,
453--455
in insurance contracts, 423 , 424
Romania, IFRS adoption by, 1
Royalty revenue, recognition of,
134
Ru ssia, IFRS adoption by, 1
S
SAC (Sta ndards Adv isor y
Council), 6
Sa le and lea seb ack
tran sactions, 123-124
Sa le of goods revenue,
rec ognitio n of, 131-133
Scope of IFR S
2 (l FRIC 8), 6
Secur ities and Exchange
Commission (SEC) , 2
Segme nts :
operating, 103
reportable, 95-97, 103
Segmenting con struction
contracts, 67-68
Segme nt Reporting
(l AS 14), 3,
94-102
definitions, 94
disclos ure, 100--10I
extracts from published
financia l statement s, 10I- I02
identifying business and
geographical segments, 94-95
IFRS 8 vs., 104
reportable segments, 95- 97
segment information , 97- 100
Serbia, IFRS adoption by, 1
Se r vices, r ecognition of revenue
from, 133-134
Servi ce Concession
Arrangements
(IFRIC 12),6,
72
Serv ice conditions, for sha re –
based payments, 391
Serv ice providers, inventor ies
of,29
Settlements, 142
Shadow accounting, 423