University FinancialsIFRS Content Update

University FinancialsIFRS Content Update



New and Updated Content
New and updated content does not get automatically added/updated in your engagement file. It is up to the user to decide which sections,
if any, they would like to add/update.
Turn Off Note Table of Contents (If present in document)
​

Turn off the Note Table of Contents, to avoid the following:

  • Incorrect sort position of new notes inserted

  • Incorrect indent of new note names added to the Note Table of Contents.


After all new notes have been inserted, the Note Table of Contents can be re-inserted to display the updated list of notes.


To turn off the Note Table of Contents:

  1. Navigate to the Note Table of Contents, and click on the Table of Contents table.

  2. From the Financials ribbon, select the Table of Contents tab.

  3. Click on the Setup button.

           

  1. Take a screen shot of the settings in the Note TOC Setup dialog.

(These settings will be re-assigned after the new notes are inserted.)

  1. From the ‘Details’ dropdown, select None, and click OK.

           

  1. Insert the new notes (using instructions provided)

  2. Navigate to the Table of Contents, and click on the Table of Contents table.

  3. Click on the Setup button.

          

  1. Re-assign the settings from the screen shot, and click OK.

Inserting new content

1. To insert new content into your file, from the   Content Management  tab | in the   Browse Note Library  group > select   New.


2. Tick the   Choose  column the contents you want to insert in your file.



3. Click   OK, and the new content will be inserted into your file.

4. Once the new content is inserted, use the sort feature to move it to the appropriate location.


Updating new content

Customisations and manual data entry
When you update the note from the knowledge library, any customisations and manual data entry need to be redone.
Activate the highlight feature
a. From the Content Management tab | in the Updating group > select Highlight.



b. Scroll through the financial statements.

c. A yellow triangle indicates that the content has been updated in the  knowledge library.


d. A red triangle indicates that the content has been expired in the  knowledge library  due to changes in the Accounting Standard or the content is no longer relevant.

e. For more information please refer to  FAQ 434 - IFRS: Content Management Icons.

Updating the Statement Areas

  1. To update any of the following areas/statements
    1. Corporate Governance Statement;
    2. Statement of Profit or Loss;
    3. Statement of Profit or Loss and Other Comprehensive Income;
    4. Statement of Financial Position;
    5. Statement of Changes in Equity;
    6. Cash Flow Statement;
    7. Directors' Declaration;
    8. Compilation Report; or
    9. Independent Audit Report
  2. Select   Insert  > from the   Areas  group >   Statements / Reports / Other.

  3. Select the statement on the Choose column and click OK.
Updating the notes to the financial statements

  1. Go to the notes with the yellow triangle.
  2. Click on the yellow triangle.
  3. Click   Yes  on the new version dialog.

  4. Click   Yes  on the formatting dialog.

  5. Once you have updated your financial statements, turn off the highlight feature by from the Content Management tab | in the Updating group > select Highlight.
Refresh the formatting

To ensure there are no inconsistencies with indentation and page headers in the financial statements

  1. From the Format tab | in the Refresh group > select Heading.
  2. From the Format tab | in the Refresh group > select Table Heading.
  3. From the Format tab | in the Refresh group > select Indents.

Reapply note number formatting
If the following warning appears - "Would you like to reapply the note number formatting?" - select No.


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