TutorialSolutions_Week12_PrinciplesDisclosure

TutorialSolutions_Week12_PrinciplesDisclosure - ACCT2542...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1 ACCT2542 – Corporate Financial Reporting and Analysis Session 2, 2009 Solutions to Tutorial Questions for Tutorials held in: Week 12: Principles of Disclosure PLEASE NOTE THAT THESE SOLUTIONS ARE NOT AVAILABLE TO STUDENTS UNTIL THE END OF ALL RELEVANT TUTORIALS
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 WEEK 12 (October 12 – 16): Principles of Disclosure Students should also use this tutorial to raise questions from their self study of the introduction to corporate financial reporting in week 9 Tutorial Questions Picker et al., Chapter 13, Exercises 13-5 and 13-7 13.5 Accounting policies, accounting estimates State whether each of the following is an accounting policy or an accounting estimate for Company A: a) The useful life of depreciable plant is determined as being 6 years – accounting estimate b) Company A’s management determines that it will provide for all invoices in transit as at the balance date – accounting policy although it might not be an acceptable one! c)
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/10/2012 for the course FINS 3616 taught by Professor Curry during the Three '10 term at University of New South Wales.

Page1 / 3

TutorialSolutions_Week12_PrinciplesDisclosure - ACCT2542...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online