Page 183 - Microsoft Word - 00 - Prelims.docx

Preparing basic financial statements

Disclosure notes

For this exam you do not need to know the presentation of all disclosure notes that
support the financial statements. The notes you do need to know are as follows:

 non-current tangible and intangible assets

 provisions

 events after the reporting period (to follow in this chapter)

 inventory

Tutor notes guidance – discussion points

Take students through illustration 1 from chapter 17 of the Study Text working
through each of the key notes and getting student input where they are able.

Illustrations and further practice

Now try questions TYU 1 from Chapter 17 of the Study Text

177