WorksheetsNon-US Refresher Quiz
Total questions: 20
Worksheet time: 40mins
TRUE or FALSE: Reject the below document as minimum criteria does not met
True
False
Below can be seen in China Local GAAP document, EXCEPT..
Stock code is in 6 digits
Financial statement starts with the Balance sheet
Single-step/ Straight-line presentation for Income statement
With reported General and administrative expense
Loans to banks and other financial institution in China should be collected to what field?
7033010050 - Deposits
7003010020 - Loans and advances to banks and other credit institutions
7003020036 - Commercial/industrial loans
For Taiwan, "Call loans from banks" within Deposits from Central Bank and Other Banks should be pulled-out and collected to what field
7074020010 - Short-Term Debt
7074050900 - Short-Term Debt and Current Portion of Long-Term Debt
7074010094 - Long-Term Debt
Do not pull-out. Retain to deposit banks section
Where should number of common shareholders be collected in Taiwan?
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters
Taiwan Stock Exchange (TWSE)
Section IV. Capital Overview from Annual General Meeting
Deposit Banks within Temporary Syirkah Funds should be collected to what field?
7078025900 - Deposits-banks
7078025080 - Deposits-banks-LT
7078020100 - Deposits-Invest Pools
How should we collect "Demand deposits" within the breakdown of "Deposits and borrowings from the SBV and other credit institution" (combination of ST and LT in maturity table) in Vietnam?
Ignore breakdown and utilize maturity table. Collect as part of debt
Utilize maturity table. Pull-out from short-term portion of "Deposits and borrowings from the SBV and other credit institution" and collect to 7078030012 - Demand deposit
Utilize maturity table. Pull-out from short-term portion of "Deposits and borrowings from the SBV and other credit institution" and collect to 7078025010 - Deposits-banks-ST
Fees and commission within Total Interest Income should be collected to what field?
4603030700 - Interest inc - Other
4603030050 - Inc on loans/adv
4612010040 - Commission & fee income
Rental fees from non-operating section should be collected to what field?
4618140050 - Rental / Operating Lease Exp
4627010065 - Operating lease income, net
4627010020 - Leasing inc- net
4642010700 - Income / Expense- Oth- Misc
TRUE or FALSE: For Indonesia, collect receipts from interest income and payments for interest expense to validating fields 6605010120 - Interest Received and 6605010140 - Interest Paid respectively
TRUE
FALSE
When the document fetched is in Economena and the English report is already available in Cow Inbox, which of these should be prioritized?
The Economena document
The english document
For IFRS 1, where should the highlighted account be collected?
7033010050 - Deposits
7003010020 - Loans and advances to banks and other credit institutions
7003020036 - Commercial/industrial loans
Where should the highlighted (in yellow) account be collected?
7033010050 - Deposits
7009005010 - Loan loss prov-interbk
7033010020 - Money at call
This breakdown can be used to collect the loans.
True
False
Statement 1: The account highlighted should be collected to 7012010010 - Local/mun govt securities
Statement 2: The combination of government and local/municipal debt securities should be collected to 7012010030 - Debt securities-other
Only Statement 1 is True
Only Statement 2 is True
Both Statements are True
None of them are True
Should the breakdown for the other assets should be broken down?
Yes
No
Should the other asset for this case be broken down, if so where should this be allocated to?
No, do not break the other asset
Yes, deduct the impairment to Employee adances
Yes, deduct the impairment to sundry debtors
Where should the account "loans and deposit from central bank" be collected?
Deposit-banks
As part of Debt
Where should the highlighted account be collected?
Deposit-banks
LT Debt
Where should the account "Assets impairment loss" be collected?
4642020015 - Impairment Charges- PP&E
4642020017 - Impairment Charges- Financial Assets
Operating Expense -Misc
4618130700 - Other / Unclassified Provision Exp
