ACCA-FR重点题目点拨

题目：Belltop’s functional currency is the dollar. It bought goods for Krown 2,300,000 on 1 December 20X1 and intends to take the full 60 days credit provided by the supplier. It still holds the acquired goods at the year-end of 31 December 20X1.  The exchange rate on 1 December was $1 = Krown 4.8 and at 31 December was $1 = Krown 5.1.

Please select the exchange gain or loss to be included in Belltop’s profit or loss for the current year?

A. $28,187 gain

B. $28,187 loss

C. No gain or loss

D. $690,000 gain

答案：A

考点：IAS 21The Effects of Changes in Foreign Exchange Rates

答案解析: 1 December 20X1credit purchase: Krown2,300,000/4.8 = $479,167

Dr Inventory $479,167

Cr payable $479,167

At 31 December 20X1: Krown2,300,000/5.1=$450,980:

Dr payable               (479,167-450,980)$28,187

Cr Exchange gain                     $28,187

知识点复习建议：

l Monetary item(cash,receivable,payable)

² Initial:spot exchanges rate

² Subsequent(报表日）：closing rate （exchange differenes  P/L）

l Non-monetary item(PPE,inventory)

² Initial:spot exchanges rate

² Subsequent(报表日）：

ü cost model:不用折算后续不关注FV

ü Revaluation model:期末日的汇率 （exchange differenes OCI)

ü Fair value model:期末日的汇率（exchange differenes P/L)