IAS 1 Presentation of Financial Statements

Best focus on IAS 32 Equity and Financial Liabilities

by

(adsbygoogle = window.adsbygoogle || []).push({}); Topics hide IAS 32 Equity and Financial Liabilities Classification as a financial liability or equity General principles Puttable instruments Obligations arising on liquidation Impact of share settlement Redemption options Classification of rights issues Compound instruments Accounting for conversion at maturity Recognition and measurement Treasury shares Dividends Distributions of non-cash assets … Read more

1 best complete exercise – Common control transactions v Newco formation

by

(adsbygoogle = window.adsbygoogle || []).push({}); Topics hide Common control transactions v Newco formation Overview Common control transactions Book value (carry-over basis) accounting Acquisition accounting Consolidated financial statements of the transferor Discussion paper IASB (2021) Current accounting Should pre-combination information be restated? Set the framework – Historical Interpretations Committee ‘Transistory’ common control (IFRS 3.2(c)) Associates and … Read more

Best and Top Read IAS 1 Presentation of financial statements

by

(adsbygoogle = window.adsbygoogle || []).push({}); Topics hide Presentation of financial statements IAS 1 Basis of preparation of financial statements Overview Going concern assessment Disclosures about the going concern assessment Entity is not a going concern Liquidation of a subsidiary is imminent IAS 1 Form and components of financial statements Overview Consolidated financial statements Reporting period … Read more

1st and best IFRS Accounting for client money

by

Topics hide IFRS Accounting for client money Recognition Legal form and substance Presentation Offset Disclosure Restricted cash Client money IFRS accounting Disclosure by trustees Client money IFRS accounting Examples Real life example Related posts: Related posts: IFRS Accounting for client money If an entity holds money on behalf of clients (‘client money’): should the client … Read more

Narrative reporting the right way

by

Topics hide Narrative reporting Setting the stage – two quotes KPIs – a critical component Reliable non-financial information to progress sustainable finance By Vita Ramanauskaité Companies that must comply Information to be disclosed How to report How many KPIs and which ones? What is “key”? How many KPIs? Reporting key performance indicators Content and presentation … Read more