questions

1. What are IFRS?
2. Where can I obtain the original IFRS documents?
3. Which entities need to apply IFRS?
4. For how long have these standards been effective?
5. Do I use cost or valuation as the basis for carry fixed assets?
6. If I use the revaluation model, what is the accounting treatment of 'accumulated depreciation prior to revaluation'?
7. How should depreciation be provided under IAS 16?
8. How do I account for impairment of assets?
9. Where do I show impairment losses?
10. How do I treat impairment of cash generating units?
11. Can I reverse impairment losses?
12. Can I reverse an impairment loss for goodwill?
13. What is goodwill and how should it be presented in the financial statements?
14. How does this compare with impairment of financial assets?