Use annual report of 7-eleven 2020 or 2021 (Either one) and follow the instructions:

2.1 annual report should include the reporting of MFRS136, MFRS 9, and MFRS 16.

2.2 Explain the presentations of financial statements under MFRS 136, MFRS 9, and MFRS 16.

2.3 State the disclosures/notes to the accounts relating to the assets under MFRS 9, MFRS 136, and MFRS 16. Explain how do they enlarge the decision analysis possibilities offered to shareholders and investors.

2.4 Determine the accounting treatment under MFRS 136 of these industries. Show the impairment loss presented in the annual report for the assets (MFRS 9, MFRS 16)

2.5 Review the effect of the COVID-19 pandemic on the practical applications of MFRS9 and MFRS16. (Not restricted to annual report).

Answer rating: 100% (QA)

21 Annual report should include MFRS 136 it deals with the impairment of the assets because it requires the recoverable amount of the assets to be measured whenever there is an indication that the ass... View the full answer