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IAS 21: purpose, scope and basic vocabulary
Chapter 1 · Purpose, scope and exclusions · 19 exercises
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Target a chapterThe exercises of a single chapter.
- 01Purpose, scope and exclusions12 exercises
- 02Basic definitions20 exercises
- 03Determining the functional currency13 exercises
- 04Initial recognition of foreign currency transactions13 exercises
- 05Measurement at reporting dates16 exercises
- 06Recognition of exchange differences15 exercises
- 07Net investment in a foreign operation8 exercises
- 08Change of functional currency10 exercises
- 09Choice of presentation currency3 exercises
- 10Translation into a presentation currency24 exercises
- 11Hyperinflationary economies7 exercises
- 12Foreign operations in consolidation9 exercises
- 13Disposal of a foreign operation15 exercises
- 14Tax effects3 exercises
- 15Disclosures9 exercises
- 16Exchangeability of a currency12 exercises
- 17Advance consideration in foreign currency (IFRIC 22)9 exercises
- 18Boundaries with other standards13 exercises
Target a conceptThe exercises of a single concept.
- Purpose of the standardFragile2 exercises
- What the standard coversFragile4 exercises
- Foreign currency derivatives excludedFragile3 exercises
- Hedge accounting excludedFragile4 exercises
- Foreign currency cash flows (IAS 7)Fragile3 exercises
- Foreign currency and foreign currency transactionFragile5 exercises
- Spot rateFragile2 exercises
- Closing rateFragile2 exercises
- Exchange differenceFragile4 exercises
- Monetary and non-monetary itemsFragile4 exercises
- Foreign operationFragile5 exercises
- Primary indicatorsFragile3 exercises
- Secondary factorsFragile4 exercises
- Mixed indicators and judgementFragile2 exercises
- Factors specific to a foreign operationFragile2 exercises
- Overall determinationFragile5 exercises
- Initial recognitionFragile5 exercises
- Spot rate of the transactionFragile4 exercises
- Transaction dateFragile3 exercises
- Average rate as an approximationFragile3 exercises
- Monetary items at the closing rateFragile8 exercises
- Non-monetary items at historical costFragile7 exercises
- Non-monetary items at fair valueFragile5 exercises
- Comparison of two amountsFragile3 exercises
- Differences on monetary items in profit or lossFragile8 exercises
- No difference for a non-monetary item at costFragile3 exercises
- Exchange component of a revaluationFragile6 exercises
- Definition of the net investmentFragile1 exercise
- Exchange differences on the net investmentFragile4 exercises
- Separate and consolidated statementsFragile3 exercises
- Conditions for the changeFragile4 exercises
- Prospective applicationFragile4 exercises
- Translation at the date of the changeFragile5 exercises
- The presentation currency is a choiceFragile3 exercises
- Assets and liabilities at the closing rateFragile7 exercises
- Income and expenses at transaction ratesFragile6 exercises
- Average rate for translationFragile4 exercises
- Translation difference and reserveFragile8 exercises
- Share of non-controlling interestsFragile3 exercises
- Translation under hyperinflationFragile3 exercises
- Link with IAS 29Fragile3 exercises
- Differences accumulated before hyperinflationFragile2 exercises
- Goodwill and fair value adjustmentsFragile6 exercises
- Intragroup monetary balancesFragile2 exercises
- Different reporting datesFragile2 exercises
- Reclassification on disposalFragile6 exercises
- Cases treated as a disposalFragile3 exercises
- Non-controlling interests on disposalFragile4 exercises
- Proportionate partial disposalFragile3 exercises
- Definition of a partial disposalFragile1 exercise
- Write-down and disposalFragile2 exercises
- Tax effects of differencesFragile3 exercises
- Disclosure of exchange differencesFragile4 exercises
- Disclosure about currenciesFragile2 exercises
- Disclosure of a change of functional currencyFragile2 exercises
- Convenience translationFragile1 exercise
- Definition of exchangeabilityFragile4 exercises
- Estimating the spot rateFragile3 exercises
- Disclosures when not exchangeableFragile4 exercises
- Application date and transitionFragile2 exercises
- Transaction date of an advanceFragile3 exercises
- Several payments in advanceFragile3 exercises
- Scope of IFRIC 22Fragile2 exercises
- Application date of IFRIC 22Fragile2 exercises
- Boundary with IFRS 9Fragile4 exercises
- Boundary with IAS 12Fragile4 exercises
- Link with IFRS 10Fragile2 exercises
- Link with IAS 29Fragile2 exercises
- Link with IFRS 3Fragile2 exercises
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