010: How to test hedge effectiveness under IFRS 9?
How to assess hedge effectiveness prospectively under IFRS 9? Do we need to calculate the hedge effectiveness retrospectively?
009: Can we capitalize a customer list under IFRS?
If you purchase a customer list from someone else, can you actually capitalize it (recognize it as an asset)? Isn’t is just the same as the advertising expense? When can you capitalize a customer list under IFRS? Learn here!
008: What is the lease term of cancellable property rental contracts under IFRS 16?
What is the lease term under IFRS 16? How to account for definite or indefinite lease term with 2-months notice period? Learn here.
006: How to account for contracts to buy commodities with future delivery (own use)?
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.
005: How to account for dividends paid to employees?
The accounting for the dividends paid to employees depends on whether the employee is a shareholder or not; and whether the dividend was paid out to employees in their capacity of shareholders. Learn more here.
004: Can we classify loans with variable interest at amortized cost?
Variable interest with cap/floor, full recourse, inflation-linked interest, collaterals – can you still classify these loans as at amortized cost?
- 015: How to prepare financial statements when going concern does not apply? on
- Our machines are fully depreciated, but we still use them! What shall we do? on
- How to make a change in functional currency on
- 034: How to account for financial guarantees under IFRS 9? on
- Example: IFRS 10 Disposal of Subsidiary on
- 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 (64)
- IFRS Summaries (28)
- IFRS videos (40)
- Impairment of assets (6)
- Income Tax (9)
- Intangible assets (8)
- Inventories (14)
- Leases (17)
- Most popular (6)
- Not just IFRS (10)
- Podcast (37)
- PPE (IAS 16 and related) (38)
- Provisions and Contingencies (5)
- Revenue recognition (19)
- Sectors&Industries (4)
- Uncategorized (2)
- US GAAP (3)