WILEY IAS 2003: Interpretation and Application of International Accounting Standards - page 123


Index

C

Call price, 677

Callable bond, 500

Callable stock, 657

Capital lease, 523

Capital stock, 660

Capitalization of borrowing costs, 298

Career-average-pay formula (plan), 618

Carrying amount (value), 152, 263, 307, 500

Cash, 81, 125, 152, 154

Components of, 128

Cash equivalents, 81, 125, 152

Components of, 128

Cash flow hedges, 182, 184, 357

Cash flow risk, 187

Cash flow statement, 124

Acquisitions and disposals of subsidiaries and other business units, 138

Benefits of, 125

Cash and cash equivalents, 128

Classification, 129

Financing, 129, 130, 131

Investing, 129, 130, 131

Operating, 129, 130, 131

Consolidated entities, 148

Direct vs. indirect, 132

Disclosures, 138

Examples, 131, 139, 142

Exclude noncash transactions, 128

Exemption from presentation, 136

Extraordinary items, 137

Financial institutions

Net reporting by, 137, 781

Foreign currency cash flows, 136

Futures, forward contracts, options and swaps, reporting, 137

Gross vs. net basis, 135

History, 124

Operating activities, 132

Reconciliation of cash and cash equivalents, 137

Cash generating units, 263, 285, 308

Ceiling, 204, 225

Change orders, 243, 258

Claims, 243, 259

Cliff vesting, 657

Closing rate, 741

Collateral, 500

Combination, 415

Combination plans, 657

Combined financial statements, 415, 465

Under common control, 465

Combining (grouping) contracts, 243, 255

Commitment to extend credit, 191

Committed-to-be-released shares, 657

Common costs, 708

Common dollar reporting, 820

Common stock, 677

Common stock equivalent, 677

Comparability of financial statements, 6, 723, 724

Comparability/improvement project, 9

IAS 2, 9

IAS 8,9

IAS 9, 10

IAS 11, 10

IAS 16, 10

IAS 18, 10

IAS 19, 10

IAS 21, 11

IAS 22, 11

IAS 23, 11

Comparable uncontrolled price method, 770

Comparative statements, 90

Hyperinflation, 840

Interim, 697

Restatement of, 724

Segment reporting, 713

Compensated absences, 489

Compensating balances, 155

Compensatory stock option plans, 657

Complex capital structure, 683

Compound assets, 270

Compound instruments, 650

Accounting for, 511

Relative market values, 512

Residual allocation method, 511

Tax effects of, 596

Comprehensive income, 99

Concentration of credit risk, 191

Consignments, 204, 206

Consistency, 74, 698, 723

Consolidated entities

Statement of cash flows, 148

Consolidated financial information, 708

Consolidated financial statements, 414, 415, 446

Changes in majority interest, 464

Consistency of accounting policies, 448

Disclosures, 469

Example of consolidated workpaper, 448

Fiscal periods of parent and subsidiary, 448

Intercompany transactions, 447

Interim reporting, 698

Minority interests, 449

Requirements for, 446

Consolidation, 415

Constant dollar accounting, 820

Construction contracts, 243

Accounting for, 38, 244

Change in estimate, 256

Change orders, 258

Claims, 259

Combining and segmenting contracts, 255

Completed-contract, 253

Contract costs, 246

Types of, 248

Back charges, 249

Costs incurred to date, 248

Estimated costs to complete, 248

Precontract costs, 248

Subcontractor costs, 249

Contract options, 259

Contractual stipulation for additional asset, 256

Cost-plus contracts, 250

Disclosures, 256

Financial statement presentation, 253, 257

Fixed-price, 249

IAS 11, 10, 40, 242

Joint ventures, 258

Outcome of contract not estimated reliably, 251

Percentage-of-completion, 244, 245

Recognition, 250, 254

Shared contracts, 258

Stage of completion, 251

Uncertainties, costs not recoverable due to, 251

Construction-in-progress (CIP), 243

Constructive obligation, 474

Constructive retirement method, 657, 667

Consumable biological assets, 800

Contingencies, 91, 474, 490

Banking institutions, 783

Disclosures, 493

Examples of, 92

Likelihood of occurrence, 491

Litigation, 491

Remote, 491

Contingent consideration, 440

Contingent issuance, 677, 683

Contingent rentals, 520

Contract

Costs, 243, 246

Disclosures, 92

Onerous, 475, 488

Options, 259

Revenue, 243

Contributed capital, 657

Contributory plan, 618

Control, 152, 331, 415, 766

Conversion, 741

Conversion cost, 209

Conversion price, 677

Conversion price index, 217

Conversion rate, 678

Conversion value, 678

Convertible debt, 500, 510

Induced conversions, 514

Convertible stock, 657

Convexity, 188

Corporate assets, 263, 286, 308, 708

Cost, 208, 263, 308

Cost insurance, and freight (CIF), 206

Cost method, 331, 593, 658, 667

Cost of goods sold, 113

Costing pools, 215

Cost-plus contract, 243, 249

Cost-plus method, 770

Cost-to-cost method, 243

Covenant, 500

Credit commitment, 191, 193

Credit risk, 152, 186, 189

Concentrations, 191

Cumulative effect, 723, 726

Cumulative stock, 658

Currency risk, 186

Current assets, 74, 80, 152

Current cost accounting, 820, 832, 835, 836

Current investment, 331

Current liabilities, 74, 83, 474, 475

Classified balance sheets, 475

Nature of, 476

Types, 477

Amount and payee known, 477

Contingency, 490

Payee known but not estimated, 481

Payee unknown and amount may be estimated, 489

Current noncurrent method, 746

Current rate method, 746

Example of, 748

Current service cost, 618, 629

Current value reporting, 829

Curtailment, 619, 635