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 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.
What is a financial guarantee? What is it NOT? And, how to account for financial guarantees under IFRS 9? Learn here! The post How to account for financial guarantees under IFRS 9? appeared first on CPDbox - Making IFRS Easy.
How to determine the impairment on intercompany loans under IFRS 9? What are the special considerations in relation to groups and internal loans? Learn here! The post How to calculate impairment on intercompany loans? appeared first on CPDbox - Making IFRS Easy.
So, you have a long-term loan, you breached the covenants and it became repayable on demand. Is it current or non-current? Learn here! The post How to present a loan with breached covenants? appeared first on CPDbox - Making IFRS Easy.
How to assess hedge effectiveness prospectively under IFRS 9? Do we need to calculate the hedge effectiveness retrospectively? The post How to test hedge effectiveness under IFRS 9? appeared first on CPDbox - Making IFRS Easy.
When you purchase a commodity with future delivery for fixed price, should you account for it as for derivative under IFRS 9? Or as a purchase of inventories ("own-use" contract)? Find out here with example included. The post How to account for contracts to buy commodities with future delivery (own use)? appeared first on CPDbox - Making IFRS Easy.
Variable interest with cap/floor, full recourse, inflation-linked interest, collaterals - can you still classify these loans as at amortized cost? The post Can we classify loans with variable interest at amortized cost? appeared first on CPDbox - Making IFRS Easy.
The truth is that there is no specific IFRS related to precious metals. What to do when you buy gold and other metals to store value? Learn here! The post 040: How to account for investment gold under IFRS? appeared first on CPDbox - Making IFRS Easy.