ACCA/CAT

为了帮助考生系统的复习ACCA考试课程全面的了解2011年ACCA考试的相关重点，小编特汇总了ACCA历年考题，希望对您参加本次考试有所帮助！！

Section B–TWO questions ONLY to be attempted

3(c)Greenie has issued 1 million shares of $1 nominal value for the acquisition of franchise rights at a local airport.Similar franchise rights are sold in cash transactions on a regular basis and Greenie has been offered a similar franchise right at another airport for $2·3 million.This price is consistent with other prices given the market conditions.The share price of Greenie was $2·50 at the date of the transaction.Greenie wishes to record the transaction at the nominal value of the shares issued.

Greenie also showed irredeemable preference shares as equity instruments in its statement of financial position.The terms of issue of the instruments give the holders a contractual right to an annual fixed cash dividend and the entitlement to a participating dividend based on any dividends paid on ordinary shares.Greenie felt that the presentation of the preference shares with a liability component in compliance with IAS 32'Financial instruments: Presentation'would be so misleading in the circumstances that it would conflict with the objective of financial statements set out in the IASB's'Framework for the Preparation and Presentation of Financial Statements'.The reason given by Greenie for this presentation was that the shares participated in future profits and thus had the characteristics of permanent capital because of the profit participation element of the shares.(7 marks)

Required:

Discuss how the above financial transactions should be dealt with in the financial statements of Greenie for the year ended 30 November 2010.

Professional marks will be awarded in question 3 for the clarity and quality of discussion.(2 marks)

(25 marks)

相关文章：

2010年12月ACCA考试：真题大汇总

编辑推荐：

了解更多关于2011年ACCA/CAT的考试

2011年ACCA/CAT最新考试动态

2011年ACCA/CAT 在线模拟考试 

2011年ACCA/CAT考试 报考指南

（责任编辑：）

共2页,当前第1页  第一页  前一页  下一页