Financial Reporting By: Yusuff Kabiru Aremu ACA, 08169069670 @ Apex Professional Associates
Past Questions on Financial Reporting
From November 2014 till date
Group Accounts Ratios and Interpretation
• May 15 Q1 - SFP & SCI • Nov 14 Q2
• Nov 15 Q1 - SFP & SCI • Nov 15 Q3
• Nov 17 Q1 - SFP & SCI • Nov 16 Q3
• May 18 Q1 - SFP & G/W Calculation • Nov 17 Q3
• Nov 16 Q1- Several Calculations • May 18 Q4
• May 17 Q2 - SFP Items • May 16 Q4
• May 16 Q3 - Income Statement • May 15 Q3
• May 15 Q2 - SFP Figures • Nov 18 Q4
• Nov 17 Q4 - Associates • Nov 19 Q5
• May 15 Q6 - Associates • May 19 Q3
• Nov 18 Q2 - Consolidated SFP
• May 19 Q1 - Consolidated SFP Accounting Standards
• Nov 19 Q3 - Consolidated SFP 1) IAS 10 – Events after reporting period
• Mar/Jul 20 Q3 - Consolidated SFP
• May 15 Q7 - IAS 10
Published Accounts
2) IAS 16 – PPE
• Nov 14 Q1
• Nov 15 Q2 • May 16 Q5 - IAS 16
• May 16 Q1 • Nov 14 Q7 - IAS 16
• Nov 17 Q2 • May 18 Q7 - IAS 16 & 36
• Mar/Jul 2020 Q5 • May 19 Q4 - IAS 16 & IFRS 16
• Nov 19 Q1
3) IAS 36 - Impairment
Cashflows statement
• Nov 15 Q4 - IAS 36
• Nov 14 Q3 - Direct Method • May 17 Q6 - IAS 36 & IFRS 5
• Nov 15 Q6 - Indirect Method • Nov 17 Q5 - IAS 36 & IAS 24
• Nov 16 Q4 - Indirect Method
• May 17 Q1 - Indirect Method 4) IAS 33 – Earnings Per Share
• Nov 18 Q1 - Indirect Method • May 15 Q4 - IAS 33
• May 18 Q3 - Indirect Method • Nov 18 Q2 - IAS 33
• May 19 Q3 - Direct & Indirect Method • May 17 Q4 - IAS 33
• Mar/Jul 2020 Q1 – Combined question of • May 15 Q4 - IAS 33
Published account, Ratios and Cashflows
statement.
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Financial Reporting By: Yusuff Kabiru Aremu ACA, 08169069670 @ Apex Professional Associates
5) IAS 23 – Borrowing Cost 11) Financial Instruments
• Nov 14 Q5 - IAS 23 • May 16 Q7 - IFRS 9
• May 19 Q6 - IAS 23 • Mar/Jul 2020 Q5
• May 17 Q5 - IFRS 9, 7 & IAS 32
6) IAS 12 – Income Tax
12) IAS 20 – Government Grant
• Nov 19 Q2 - IAS 12
• Nov 18 Q3 - IAS 12 • Nov 16 Q5 -
• May 18 Q6 - IAS 12 • Mar/Jul 2020 Q4
• Nov 14 Q6 - IAS 12
13) Others
7) IAS 40 – Investment Property
• May 19 Q5 - IAS 24 Related Party
• Nov 15 Q7 - IAS 40 Disclosures
• Nov 19 Q1 - IAS 40 & IAS 8 • Mar/Jul 2020 Q2 – IFRS 5 – Assets held for
• Nov 15 Q7 - IAS 40 sale
• May 17 Q3 - IAS 40, 36 & 23 • Nov 19 Q6 - IFRS 15 Revenue from
contracts with customers
8) IAS 38 – Intangible assets
Regulatory and Conceptual Frameworks
• May 19 Q7 - IAS 38
• Nov 18 Q6 - IAS 38 • Nov 14 - Q4
• May 15 Q5 - IAS 38 • Nov 18 - Q7
• May 18 Q5 - Qualitative Xtics of FS, Basis
9) IAS 37 – Provisions and contingencies of Accounting
• Nov 19 Q4 - Substance Over form
• May 17 Q7 - IAS 37 • Nov 16 Q2 - Substance Over form
• Nov 19 Q4 - IAS 37 • May 18 Q2 - Substance Over form and
• Mar/Jul 2020 Q2 Going Concern assumption
• Mar/Jul 2020 Q6 – Financial Reporting
10) IAS – Changes in accounting policies
Council of Nig
• Nov 17 Q6 - IAS 2 and 8
• May 16 Q5 - IAS 8
