CIMA F2 Exam Questions
Advanced Financial Reporting (Page 9 )

When preparing a consolidated statement of cash flows, which of the following describes the correct presentation of an associate's dividends?

When producing the consolidated statement of profit or loss and other comprehensive income,

which TWO of the following will be disclosed as attributable to the equity holders of the parent company and the non-controlling interests?

AB's financial information shows that the non current assets' carrying value is greater than the tax base at the year end.
What is the journal entry to record the movement in the provision for deferred tax resulting from this difference?

CORRECT TEXT
YZ issued $100,000 6% convertible bonds at par on 1 January 20X5. The bondholders have the option to convert into equity shares in 3 years' time or redeem at par for cash on the same date. Interest is paid annually in arrears and bonds issued by similar entities without conversion rights pay interest at 8%.
What is the value of equity to be recognised in YZ's statement of financial position as at 31 December 20X5?
Give your answer to the nearest whole $.
$?

Which of the following would cause a deferred tax balance to be included in the statement of financial position for an entity?