Course
18 chapters · 15 lessons · about 8 h 25 min
01Purpose, scope and exclusionsNot started1 lesson0/1
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02Basic definitionsNot started1 lesson0/1
- Not startedSpot rate, closing rate, exchange difference and monetary itemsLesson30 min12 exercises
- Not startedForeign currency and foreign currency transactionCovered in the lesson “IAS 21: purpose, scope and basic vocabulary”
- Not startedForeign operationCovered in the lesson “IAS 21: purpose, scope and basic vocabulary”
03Determining the functional currencyNot started1 lesson0/1
04Initial recognition of foreign currency transactionsNot started1 lesson0/1
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- Chapter training · 13 exercises
- Chapter case studyPurchase in dollars: functional currency, recognition at the spot rate, remeasurement of the payable at closing and settlement · foundation
- Chapter case studyMachine, revalued land, average rate and advance in dollars: non-monetary items and the transaction date · intermediate
05Measurement at reporting datesNot started1 lesson0/1
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- Chapter training · 16 exercises
- Chapter case studyPurchase in dollars: functional currency, recognition at the spot rate, remeasurement of the payable at closing and settlement · foundation
- Chapter case studyMachine, revalued land, average rate and advance in dollars: non-monetary items and the transaction date · intermediate
06Recognition of exchange differencesNot started1 lesson0/1
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- Chapter training · 15 exercises
- Chapter case studyPurchase in dollars: functional currency, recognition at the spot rate, remeasurement of the payable at closing and settlement · foundation
- Chapter case studyMachine, revalued land, average rate and advance in dollars: non-monetary items and the transaction date · intermediate
07Net investment in a foreign operationNot started1 lesson0/1
08Change of functional currencyNot started1 lesson0/1
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09Choice of presentation currencyNot startedTaught in 1 lesson of another chapter
10Translation into a presentation currencyNot started2 lessons0/2
- Not startedTranslating into a presentation currency: the rates to useLesson35 min16 exercises
- Not startedThe translation difference and the translation reserveLesson35 min11 exercises
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11Hyperinflationary economiesNot started1 lesson0/1
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12Foreign operations in consolidationNot started1 lesson0/1
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13Disposal of a foreign operationNot started1 lesson0/1
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14Tax effectsNot startedTaught in 1 lesson of another chapter
15DisclosuresNot started1 lesson0/1
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16Exchangeability of a currencyNot started1 lesson0/1
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17Advance consideration in foreign currency (IFRIC 22)Not startedTaught in 1 lesson of another chapter
- Not startedTransaction date of an advanceCovered in the lesson “Recognising a foreign currency transaction, advances included”
- Not startedSeveral payments in advanceCovered in the lesson “Recognising a foreign currency transaction, advances included”
- Not startedScope of IFRIC 22Covered in the lesson “Recognising a foreign currency transaction, advances included”
- Not startedApplication date of IFRIC 22Covered in the lesson “Recognising a foreign currency transaction, advances included”
18Boundaries with other standardsNot startedTaught in 3 lessons of other chapters
- Not startedBoundary with IFRS 9Covered in the lesson “Disclosures, tax and boundaries (IFRS 9, IAS 12)”
- Not startedBoundary with IAS 12Covered in the lesson “Disclosures, tax and boundaries (IFRS 9, IAS 12)”
- Not startedLink with IFRS 10Covered in the lesson “Foreign operations in consolidation: goodwill, intragroup balances, reporting dates”
- Not startedLink with IAS 29Covered in the lesson “Hyperinflation: restate, then translate”
- Not startedLink with IFRS 3Covered in the lesson “Foreign operations in consolidation: goodwill, intragroup balances, reporting dates”
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