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Advance payment to purchase Property plant and equipment

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Last update 17/12/2019 Advance payment to purchase Property plant and equipment is an example presented in IFRIC 22 Foreign Currency Transactions and Advance Consideration. Other examples are: Multiple advances and multiple service deliveries, Multiple advances and multiple deliveries of goods and Multiple advances for one delivery of goods. These examples accompany, but are not part … Read more

Basis adjustment

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Last update 09/12/2019 [IFRS 9 Fair value hedge] The adjustment to the amortized cost basis of the hedged item from applying fair value hedge accounting is referred to as a basis adjustment. Basis adjustments are accounted for in the same manner as other components of the amortized cost basis of the hedged item.  Explanations: Basis … Read more

Adjusted net asset method tangible asset example

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Last update 25/11/2019 The adjusted net asset method tangible asset example is used to value a business based on the difference between the fair market value of the business assets and its liabilities. Depending on the particular purpose or circumstances underlying the valuation, this method sometimes uses the replacement or liquidation value of the company assets … Read more

Associate

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Last update 17/11/2019 Associate – IFRS 12 Definition: An entity, including an unincorporated entity such as a partnership, over which the investor has significant influence, and that is neither a controlled entity nor an interest in a joint venture. Associates are all entities over which the group has significant influence but not control or joint … Read more

Adjusted net asset method negative goodwill example

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Last update 25/11/2019 The adjusted net asset method negative goodwill example is used to value a business based on the difference between the fair market value of the business assets and its liabilities. Depending on the particular purpose or circumstances underlying the valuation, this method sometimes uses the replacement or liquidation value of the company assets … Read more

Assets of low value

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Last update 06/01/2020 IFRS 16 Leases introduced the term ‘Assets of low value’. IFRS 16 does not provide much guidance to assess what ‘low value’ means. There is no definition. The value referred to as ‘low value’ is the value of the asset when it was new, regardless of the age of the asset at … Read more

Adjusted net asset method intangible assets example

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Last update 25/11/2019 The adjusted net asset method intangible assets example is used to value a business based on the difference between the fair market value of the business assets and its liabilities. Depending on the particular purpose or circumstances underlying the valuation, this method sometimes uses the replacement or liquidation value of the company assets … Read more

Asset-backed securities

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Last update 29/12/2019 Asset-backed securities (ABSs) are structured finance products backed by pools of assets and are created through a securitisation process. The risks in asset-backed securities, such as credit risk, prepayment risk, market risks, operational risk, and legal risks, are directly connected with the asset pool and the structuring of the securities. Securitisation is … Read more

Adjusted net asset method

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Last update 21/12/2019 The adjusted net asset method is used to value a business based on the difference between the fair market value of the business assets and its liabilities. Depending on the particular purpose or circumstances underlying the valuation, this method sometimes uses the replacement or liquidation value of the company assets less the … Read more

Asset ceiling

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Last update 04/01/2020 IAS 19 Definition: Asset ceiling – The asset ceiling is the present value of any economic benefits available in the form of refunds from the plan or reductions in future contributions to the defined benefit plan. Net defined benefit liability (asset) – The net defined benefit liability (asset) is the deficit or … Read more