Canadian Edition, Volume 2
by Donald E. Kieso
Complete Chapter Solutions Manual
are included (Ch 13 to 23)
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,Table of Contents are given below
Chapter 13. Non-financial and Current Liabilities
Chapter 14. Long-Term Financial Liabilities
Chapter 15. Shareholders’ Equity
Chapter 16. Complex Financial Instruments
Chapter 17. Earnings per Share
Chapter 18. Income Taxes
Chapter 19. Pensions and Other Post-Employment Benefits
Chapter 20. Leases
Chapter 21. Accounting Changes and Error Analysis
Chapter 22. Statement of Cash Flows
Chapter 23. Other Measurement and Disclosure Issues
,Solutions Manual organized in reverse order, with the last chapter displayed first, to ensure
that all chapters are included in this document. (Complete Chapters included Ch23-13)
CHAPTER 23
OTHER MEASUREMENT AND DISCLOSURE
ISSUES
Learning Objectives
1. Understand the importance of disclosure from a business
perspective.
2. Review the full disclosure principle and how it is
implemented, and explain how companies use accounting
policy notes.
3. Describe the disclosure requirements for major segments of a
business.
4. Describe the requirements and accounting problems
associated with interim reporting.
5. Discuss the accounting issues for related party transactions.
6. Identify the accounting issues relating to subsequent events
and those faced by unincorporated businesses.
7. Identify the major considerations relating to bankruptcy and
receivership.
8. Identify the major disclosures found in the auditor’s report.
9. Describe methods used for basic financial statement analysis
and summarize the limitations of ratio analysis.
10. Identify differences in accounting between IFRS and ASPE,
and what changes are expected in the near future.
Solutions Manual 23-1 Chapter 23
, Summary of Questions by Learning Objectives and Bloom’s Taxonomy
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Brief Exercises
1. 1 C 7. 3 AP 13. 5 AP 19. 7 C 25. 9 AP
2. 2 C 8. 3 AP 14. 5 AP 20. 8 C 26. 3,9 AP
3. 2 C 9. 3 AP 15. 5 AP 21. 8 C
4. 2 C 10. 4 K 16. 5 C 22. 9 AP
5 2 C .11. 4,10 C 17. 6,10 C 23. 9 AP
6. 3 C 12. 5,10 AP 18. 6 C 24. 9 C
Exercises
1. 2 C 4. 3 AP 7. 6 C 10. 2,8 C 13. 2,9 AP
2. 2 C 5. 5 AP 8. 6 K 11. 9 AP 14. 2,9 AP
3. 2 C 6. 5 AP 9. 7,8 C 12. 9 AP 15. 9 AP
Problems
1. 3 AP 4. 2 C 7. 2,6 C 10. 6 AP
2. 2,10 C 5. 2 C 8. 2 C 11. 9 AP
3. 6 AP 6. 3 C 9. 2 AP
Case
1. 1,4 AN
Integrated Cases
1. 4,5 AN 2. 1,2 AN
Research and Analysis
1. 3,8 AP 3. 4 AP 5. 4 AP 6. 6,7,9 AN 7. 10 AP
2. 5,6 AP 4. 4 AP
Solutions Manual 23-2 Chapter 23