According to the ifrs for smes calculate current and, Financial Accounting

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According to the ifrs for smes calculate current and

Module: Financial accounting and analysis
Task: Based on information about financial statements you have already got familiar with and have analyzed, your task is a follows:

1- For the year ended 31 December 20X1, look at the balance sheet of SME A Group in below (in thousands of currency units- CU).

2276_Balance Sheet.jpg

2- According to the IFRS for SMEs, calculate current and non-current assets, at 31 December 20X1.

3- Show the calculation for equities, at 31 December 20X1. Write the relevant equation.

4- Show the calculation for distinguishing between current and non-current liabilities, at 31 December 20X1.

5- Prepare a consolidated balance sheet at 31 December 20X1.

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Financial Accounting: According to the ifrs for smes calculate current and

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