Example: IFRS 10 Disposal of Subsidiary
Some time ago I published an article with an example of very simple method of consolidating a parent and a subsidiary. This article still applies and you can learn the basic steps and methodology of consolidation with a nice video in it. Many of my…
037: Accounting for the sales of software licenses with subsequent updates
How to apply 5-step model of IFRS 15 to the licenses of intellectual property? Are there any special considerations? Learn here!
035: How to determine the fair value of a machine?
Market prices of most non-financial assets are usually not available, because these assets might be outdated or highly customized or simply not traded on the market. How do you set the fair value of these assets in this case? Learn here!
034: How to account for financial guarantees under IFRS 9?
What is a financial guarantee? What is it NOT? And, how to account for financial guarantees under IFRS 9? Learn here!
033: How to account for settlement discounts under IFRS 15?
Should you recognize settlement discount as a cost at the time when the payment is received? Or, should you adjust revenue? How? Learn here!
032: How to determine the discount rate for lessees under IFRS 16?
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!
- About IFRS (15)
- Accounting estimates (IAS 8) (5)
- Accounting policies (4)
- Consolidation and Groups (21)
- Employees (8)
- FAQ (1)
- Financial Instruments (47)
- Financial Statements (26)
- Foreign currency (9)
- How To (18)
- IFRS Accounting (65)
- IFRS Summaries (28)
- IFRS videos (41)
- Impairment of assets (6)
- Income Tax (9)
- Intangible assets (8)
- Inventories (14)
- Leases (17)
- Most popular (6)
- Not just IFRS (10)
- Podcast (35)
- PPE (IAS 16 and related) (39)
- Provisions and Contingencies (5)
- Revenue recognition (19)
- Sectors&Industries (4)
- Uncategorized (2)
- US GAAP (3)