2006 National Senior Accountant Exam Exam financial accounting report outlines five national

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2006 National Senior Accountant Exam Exam financial accounting report outlines five national Powered By Docstoc
					2006 National Senior Accountant Exam Exam financial accounting report outlines
five national

 National Senior Accountant Examination

  4, balance sheet items,
  balance sheet items is the balance sheet to date the financial report is authorized for
the advantage or disadvantage between the issues. Among them, the financial report is
authorized date refers to the board of directors or similar body approved the financial
report quoted date.
  balance sheet items include two categories, namely adjusting events after the balance
sheet and non-adjusting balance sheet items.
  (a) adjusting events after the balance sheet
  1. Adjusting events after the balance sheet is the balance sheet date on the situation
already exists to provide a new or further evidence of the matter. Usually include the
following:
  (1) balance sheet date case which, in the court confirmed the company balance sheet
date the current obligations already exist, need to adjust the previously identified
relevant to the case with the action projected liabilities, or confirmation of a new
liability.
  (2) the balance sheet date to obtain conclusive evidence that an asset in the balance
sheet date occurred in the asset impairment, or need to adjust the amount previously
recognized impairment.
  (3) the balance sheet date the balance sheet further defined before the cost of assets
acquired or sold assets, income.
  (4) the balance sheet date the financial statements found fraud or error.
  2, an enterprise of adjusting events after the balance sheet should be adjusted balance
sheet date of the financial statements.
  (b) non-adjusting balance sheet items
  1. The balance sheet of non-adjusting events after the balance sheet is that what
happened in future matters. Usually include the following:
  (1) the balance sheet date significant litigation, arbitration, commitment.
  (2) the balance sheet date in asset prices, tax policy, major changes in foreign
exchange rates.
  (3) the balance sheet date assets as a result of natural disasters due to heavy losses.
  (4) the balance sheet date to issue stock and bonds, and other large debt.
  (5) the balance sheet future capital reserve into capital.
  (6) occurred after the balance sheet of huge losses.
  (7) occurred after the balance sheet of a business combination or disposal of
subsidiaries.

 2. An enterprise after the balance sheet of non-adjusting events should not adjust the
balance sheet date of the financial statements.
 (c) the balance sheet date the disclosures
 1. Enterprises should be disclosed in the notes and the balance sheet date the
following information relevant to:
 (1) the financial statements are authorized for the and the date the financial report is
authorized.
 in accordance with relevant laws, administrative regulations, the enterprise owner or
other right to report the revised financial report shall disclose the situation.
 (2) the balance sheet for each major non-adjusting events after the nature, content,
and its financial position and results of operations. Estimate can be made, it shall
explain why.
 2. Enterprises to achieve the balance sheet date the balance sheet date that affect the
existence of new or further evidence, should adjust the related disclosure of
information. / Center>

				
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