P2 – Corporate Reporting

Tips include:

Q1           Foreign entity Statement of Financial Position /IS (Comprehensive income)/

Reconciliation or cashflow

Revision of IAS 1 / ethics

Q2/Q3     Mixed transactional

* Financial instruments/ deferred tax/ actuarial gains and losses/ revaluation of assets/ forex gains/Losses

* Segmental reporting/related party transactions/revenue recognition

* Current issue

* Harmonisation of accounting standards (IFRS and US)