Claim OwnershipCPDbox – Making IFRS Easy
Subscribed: 222Played: 2,102
Subscribe
Description
Helping people to learn IFRS
36 Episodes
Reverse
Can you capitalize rental expenses of land under IFRS? And what about the rental of the temporary offices? Find out here!
The post Can you capitalize rental expenses of land? appeared first on CPDbox - Making IFRS Easy.
How to deal with anticipated major repairs, maintenance, overhauling, regular replacement of small parts and similar items under IFRS? Find out here!
The post Should we create a provision for major overhauling? appeared first on CPDbox - Making IFRS Easy.
How to apply 5-step model of IFRS 15 to the licenses of intellectual property? Are there any special considerations? Learn here!
The post Accounting for the sales of software licenses with subsequent updates appeared first on CPDbox - Making IFRS Easy.
How to account for exchanges of inventories or long-term assets under IFRS? Or other barter transactions? Learn here!
The post How to account for barter transactions? appeared first on CPDbox - Making IFRS Easy.
Should you recognize settlement discount as a cost at the time when the payment is received? Or, should you adjust revenue? How? Learn here!
The post How to account for settlement discounts under IFRS 15? appeared first on CPDbox - Making IFRS Easy.
Can you use the same incremental borrowing rate for all your leases under IFRS 16? Why can't you use your own implicit rate in the lease if you are a lessee? Learn here!
The post How to determine the discount rate for lessees under IFRS 16? appeared first on CPDbox - Making IFRS Easy.
If you are using third-party supplies within your product or service, are you an agent or a principal? How should you recognize revenue in this case? Learn here!
The post We rent apartments and supply utilities with rent. Are we agent or principal? appeared first on CPDbox - Making IFRS Easy.
What if the tax rate on capital gains is different from the tax rate on profit? How to calculate deferred tax on assets that will be recovered via both use and sale? Learn here!
The post Deferred tax when different tax rates apply appeared first on CPDbox - Making IFRS Easy.
Imagine you sell in EUR, make purchases in INR and your loans are denominated in USD... what is your functional currency in this case? Learn here!
The post 028: How to determine the functional currency when a company deals with more currencies? appeared first on CPDbox - Making IFRS Easy.
What to do with revaluation surplus when transferring your PPE to investment property? How to account for it at the date of transfer and subsequently? Learn here!
The post Accounting for transfer of owner-occupied property under revaluation model to investment property appeared first on CPDbox - Making IFRS Easy.
How to classify any property (not just a hotel) if you use it for more purposes? And, what to do if you provide some additional services on top of rental? Find out here!
The post Is a hotel an investment property under IAS 40? appeared first on CPDbox - Making IFRS Easy.
Can you capitalize exchange differences on foreign currency loans as borrowing costs? If yes, then how? Please find out here!
The post How to capitalize exchange differences on loan as borrowing costs? appeared first on CPDbox - Making IFRS Easy.
How should you match the government grant with expenses for which it compensates? Sometimes, it's not very straightforward and we need to apply our judgement and experience. Learn how to account for the grant revenue here!
The post How to match a government grant with costs for which the grant compensates? appeared first on CPDbox - Making IFRS Easy.
How to account for sale of gift cards? What do to when the customers don't redeem them? Find out here!
The post How to account for gift cards? appeared first on CPDbox - Making IFRS Easy.
How to classify depreciation of warehouse? Is it cost of sales or administrative expense? What to do when the classification changes? Learn here!
The post How to classify expenses in profit or loss statement under IFRS? appeared first on CPDbox - Making IFRS Easy.
How to account for the loan origination fees or the loan servicing fees? In profit or loss? Amortize? Find out here!
The post How to account for income from loan application fees? appeared first on CPDbox - Making IFRS Easy.
What happens when you buy lots of assets below your capex threshold, but still high expense? And, should you revise your capex threshold retrospectively? Learn here!
The post Accounting for CAPEX threshold and its change under IFRS appeared first on CPDbox - Making IFRS Easy.
What is the lease term under IFRS 16? How to account for definite or indefinite lease term with 2-months notice period? Learn here.
The post What is the lease term of cancellable property rental contracts under IFRS 16? appeared first on CPDbox - Making IFRS Easy.
What is the difference between contract asset and receivable? When to book a contract asset and when a receivable? Learn here (with example)!
The post Contract Asset vs. Trade Receivable – What’s the Difference? appeared first on CPDbox - Making IFRS Easy.
Should you book a provision for warranties under IFRS? Or, is it a separate performance obligation and you should allocate some revenue to it? Find out here!
The post How to account for warranties under IFRS 15? appeared first on CPDbox - Making IFRS Easy.
Comments
Download from Google Play
Download from App Store
United States