[adams]

Good question.

example: company with liquidity problem,
decide
a) issue a shares for new shareholder,
b) change debt in equity,
c) deffered tax assets
d) provision

[adams]

I received answer from Tutor.
The value of bonds is $ 100,
but we can assume, that in the question had stated that redemption is 110 (with reference to answer).

[adams]

Hi, Please email me to: aszczeg@interia.pl.

Many thanks

[adams]

got 68, pass F8 too, and fail F9

[adams]

For me is OK. But I think about another discloser. If company decided buy the materials and didn’t used this at end of the year it’s can be treated as inventory.
In another way this amount is due from customer.

[adams]

I agree. This material are not the cost to date and must be deducted from incurred cost to estimate stage of completion.

[adams]

For me OK. But we can calculate stage of completion as cost incurred till balance date divided by total cost of project. (in IAS 11 are 3 concepts of calculation of stage of competion – this is second)

[Author]

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