IAS 20 Accounting for Government Grants and Disclosure of Government Assistance

Interest free loans in IFRS 9 and IAS 20

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Interest free loans As prescribed in IFRS 9.B5.1.1, a loan payable or receivable that carries no interest should be recognised at fair value measured as the present value of all future cash receipts discounted using the prevailing market rate(s) of interest for a similar instrument (currency, term, etc.) with a similar credit rating. An incremental … Read more

IAS 20 Accounting for emissions trading schemes – Important to best read

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IAS 20 Accounting for emissions trading schemes, emission allowances, certified emission reductions and emission rights will become more important for entities’ financial reporting purposes. Topics hide Account for Emissions trading schemes and Account for certified emission reductions Accounting for emissions trading schemes Certified emission reductions Accounting for Emission allowances Accounting considerations for emission allowances Account … Read more