Page 20 - CIMA MCS Workbook August 2018 - Day 2 Tasks

CIMA NOVEMBER 2018 – OPERATIONAL CASE STUDY

Could you produce a set of briefing notes that explains the accounting treatment for the purchase
of property, plant and equipment, the principles of government grants and explains in detail how
the receipt of grants for acquisition of the new equipment (including possible repayment) should
be treated in the financial statements?
Ethan Henson (Operations Director)

TASK

Prepare the briefing notes requested by Ethan Henson.
(Time allowed 36 Minutes)

40 KAPLAN PUBLISHING