The present perfect simple is : have/has + past participle.

The past participle often ends in -ed ( finished / decided ..), but many important verbs are irregular (lost/done/been..)

   When we use the present perfect there is always a connection with now . The action in the past has a result now :

    ' Where's you key ? '  ' I don't know . I've lost it '  ( I haven't got it now. )

    He told me his name but I've forgotten it .( I can't remember it now. )

   We often use the present perfect simple to give new information or to announce a recent happening :

    Ow! I've cut my finger.

  The road is closed. There has been an accident .

Intermediate
English exercise "Present perfect simple" created by fati11 (10-06-2009) with The test builder
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1. I (buy) a new red car.
2. My father (start) a new job.
3. I (give up) smoking.
4. Charles and Sarah (go) to Brazil.
5. Suzanne (have) a baby.
6. Jim is on holiday. He (go) to Italy.
7. She (break) her leg
8. He (grow) a beard.