The document outlines individual and group assignments on International Financial Reporting Standards (IFRS). The individual assignment (30%) requires work on material preparation in line with IFRS and accounting practices in Ethiopia, including consolidated financial statements and accounting for legal reorganizations. The group assignment (20 marks) requires students to critically discuss assigned IFRS standards in groups and submit a report to the department head before the final exam date.
The document outlines individual and group assignments on International Financial Reporting Standards (IFRS). The individual assignment (30%) requires work on material preparation in line with IFRS and accounting practices in Ethiopia, including consolidated financial statements and accounting for legal reorganizations. The group assignment (20 marks) requires students to critically discuss assigned IFRS standards in groups and submit a report to the department head before the final exam date.
The document outlines individual and group assignments on International Financial Reporting Standards (IFRS). The individual assignment (30%) requires work on material preparation in line with IFRS and accounting practices in Ethiopia, including consolidated financial statements and accounting for legal reorganizations. The group assignment (20 marks) requires students to critically discuss assigned IFRS standards in groups and submit a report to the department head before the final exam date.
[a] Project Work on Material Preparation in line with IFRS and
Accounting Practices in Ethiopia (30%)
1. Consolidated Financial Statements
2. Accounting and Reporting for Foreign Currency transaction and Transaction 3. International Convergence of Financial Reporting and International Financial Reporting Standards (IFRS) 4. Inter-corporate reports for less than majority interests and Analysis of foreign financial statements 5. Accounting for Legal Liquidations and Accounting for Reorganizations
Instruction: Submit the assignment (Soft copy)to the head of the
department of Accounting and Finance On / before the final examination date. GROUP ASSIGNMENT(Weekend)
[b] Report on IFRS (20 Marks)
A group of students will be allotted based on the following contents. You have to discuss critically these international Financial Reporting Standards and then submit the assignment(Soft copy)to the head of the department of Accounting and Finance on/or before Final Examination date. Assignment Titles Group International Financial Reporting Standards IFRS 3, IFRS 10 and IAS 16 1 2 IAS 28, IFRS 11 and IAS 34 IAS 1, IFRS 13 and IAS 21 3 4 IAS 27 , IFRS 36 and Conceptual Framework