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Use the 2022 Annual report of Ooredoo Company to answer the following questions: ...

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Accounting

Use the 2022 Annual report of Ooredoo Company to answer the following questions:

  1. The process of determining the monetary amount at which the elements of the financial statements are to be included in the balance sheet and income statement is called measurement. The IASB Framework includes four bases of measurement. Explain these four bases of measurement with examples. Identify which measurement bases are used by Ooredoo in preparing their financial statements.

[Marks (Words): 25(300)]

  1. IAS 16 Property, plant, and equipment identifies and describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models for Ooredoo and describe the depreciation methods used by Ooredoo.

[Marks (Words): 25(300)]

  1. The sources of company finances may be various and complicated. Equity capital is the main source of company finances, list and explain the different types of share capital, explain. Also, identify the different forms of share capital from the annual report of Ooredoo 2022.

[Marks (Words): 25(300)]

  1. Write the summary on the financial position of Ooredoo company. Your summary should include the main financial data of the company.

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