tailieunhanh - IFRIC Interpretation 7: Applying the restatement approach under IAS 29 financial reporting in hyperinflationary economies

This version includes amendments resulting from IFRSs issued up to 31 December 2008. IFRIC 7 Applying the restatement approach under IAS 29 financial reporting in hyperinflationary economiess was developed by the International Financial Reporting Interpretations Committee and issued by the International Accounting Standards Board in November 2005. | IFRIC 7 IFRIC Interpretation 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies This version includes amendments resulting from IFRSs issued up to 31 December 2008. IFRIC 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies was developed by the International Financial Reporting Interpretations Committee and issued by the International Accounting Standards Board in November 2005. IFRIC 7 and its accompanying documents were amended by IAS 1 Presentation of Financial Statements (as revised in September 2007).* * effective date 1 January 2009 © IASCF 2473 IFRIC 7 CONTENTS paragraphs IFRIC INTERPRETATION 7 APPLYING THE RESTATEMENT APPROACH UNDER IAS 29 FINANCIAL REPORTING IN HYPERINFLATIONARY ECONOMIES REFERENCES BACKGROUND 1 ISSUES 2 CONSENSUS 3–5 EFFECTIVE DATE 6 ILLUSTRATIVE EXAMPLE BASIS FOR CONCLUSIONS 2474 © IASCF IFRIC 7 IFRIC Interpretation 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies (IFRIC 7) is set out in paragraphs 1–6. IFRIC 7 is accompanied by an Illustrative Example and a Basis for Conclusions. The scope and authority of Interpretations are set out in paragraphs 2 and 7–17 of the Preface to International Financial Reporting Standards. © IASCF 2475 IFRIC 7 IFRIC Interpretation 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies References • IAS 12 Income Taxes • IAS 29 Financial Reporting in Hyperinflationary Economies Background 1 This Interpretation provides guidance on how to apply the requirements of IAS 29 in a reporting period in which an entity identifies* the existence of hyperinflation in the economy of its functional currency, when that economy was not hyperinflationary in the prior period, and the entity therefore restates its financial statements in accordance with IAS 29. Issues 2 The questions addressed in .

• Tiêu chuẩn - Qui chuẩn
• IFRIC Interpretation
• International Financial Reporting Interpretations Committee
• Báo cáo tài chính quốc tế
• IFRIC Interpretation 7
• Financial reporting
• Hyperinflationary economies
• IFRIC Interpretation 1
• Financial statements
• Similar liabilities
• IFRIC Interpretation 2
• Co operative entities
• Similar instruments
• Service concession arrangements
• Intangible assets
• IFRIC Interpretation 4
• Environmental rehabilitation funds
• Interests arising
• IFRIC Interpretation 5
• IFRIC Interpretation 6
• Liabilities arising
• Waste electrical
• Scope of IFRS 2
• IFRIC Interpretation 8
• Embedded derivatives
• Reassessment of embedded derivatives
• IFRIC Interpretation 9
• Interim financial reporting
• IFRIC Interpretation 10
• Treasury share transactions
• IFRIC Interpretation 11
• Share based payment
• IFRIC Interpretation 12
• Presentation of financial statements
• Customer loyalty programmes
• IFRIC Interpretation 13
• Contingent liabilities
• Benefit asset
• Minimum funding
• IFRIC Interpretation 14
• Construction of real estate
• IFRIC Interpretation 15
• Real estate
• Real estate industry
• Foreign operation
• Net investment
• IFRIC Interpretation 16
• Non cash assets
• Distributions of non cash assets
• IFRIC Interpretation 17