Advanced ing-volume 2 3bd5d

Solutions Manual for use with

VOLUME 2

Advanced ING Principles and Procedural Applications

2011 Edition

Pedro P. Guerrero Jose F. Peralta

To The Instructor This Solutions Manual contains suggested solutions to all the Multiple Choices and Problems for the Advanced ing – Principles and Procedural Applications, 2011 Edition. Solutions have been prepared by the authors to ensure accuracy and consistency with the discussion and illustration in the textbook. Multiple Choices – Computational The multiple choices – Computational are designed to cover a variety of conceptual situations included in each chapter. Solving these should reinforce the student’s knowledge of ing and also test their understanding of the points covered. You may choose to assign selected multiple choices to supplement the problems assigned in each chapter. Most of the multiple choices require a limited amount of computations and are well suited for inclusion in quizzes or examinations. Problems Problems have been provided at the end of each chapter more than you can reasonably use in a single offering of the course. This abundance of problems allows you to vary problem assignments in different sections of the course, or from semester to semester, and to choose these problems that best fit the scope, level and emphasis of your course. Final Note The Solutions Manual intended to accompany this edition had been prepared carefully and reviewed thoroughly to ensure that the instructors who adopt this textbook are provided with all possible assistance in making their course effective. In the final analysis, however, any given course is shaped primarily by the person who teaches it, and the success of our efforts will be proven through extensive experience in the classroom. We will appreciate any comments and suggestions from you no matter how minor the point involved. Please address correspondence to Pedro P. Guerrero, AR Building, 837 F. Cayco st., Sampaloc, Metro Manila or you may email me at [email protected].

P. P. Guerrero J. F. Peralta

Contents

CHAPTER 12:

Home Office and Branch – General Procedures

CHAPTER 13:

Home Office and Branch – Special Problems

CHAPTER 14:

Business Combination - IFRS 3 (2008)

CHAPTER 15:

Consolidated Balance Sheet – Date of Acquisition

CHAPTER 16:

Consolidated Financial Statements -IAS 27(2008) - Subsequent to Date of Purchase Type of Business Combination.

CHAPTER 17:

Inter-company Profit Transactions – Inventories

CHAPTER 18:

Inter-company Gain Transactions – Plant Assets

CHAPTER 19:

ing for Foreign Currency Transactions (IAS 21)

CHAPTER 20:

Translation of Foreign Currency Financial Statements (IAS 21)

CHAPTER 21:

New Government ing System for National Government Agency (NGAAS)

CHAPTER 22:

Nonprofit Organizations.