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Fwd: [IFRS List] IFRS 7 disclosures

27 August 2008 2,021 views No Comment
Forwarded conversation
Subject: [IFRS List] IFRS 7 disclosures

From: Sandeep Cardoza <cardoza_sandeep@yahoo.co.in>
Date: Sun, Oct 28, 2007 at 9:04 AM
To: ifrs@ifrslist.com

Hello there
i am new to the group !!
I work for a trading company and was wonder what a re new disclosures need to made to complie with IFRS 7 as we dont not hold any debts on liablity side

Best regards,

Sandeep Cardoza

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From: Jakub Rutkowski <jakub.rutkowski@wp.pl>
Date: Mon, Oct 29, 2007 at 1:12 PM
To: ifrs@ifrslist.com

Dear Sandeep,


I understand you might not have any debt or financial assets, but as trading company

you must have some trade receivables (trade debtors). The credit losses (bad debts) recognition/reconciliation is the something you need to disclosue under IFRS7.


In addition you need to have disclousures about accounting policies dealing with financial instruments.



Jakub Rutkowski


Dnia 28-10-2007 o godz. 8:04 Sandeep Cardoza napisał(a):

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From: RODRIGO DIAZ <roddiazster@gmail.com>
Date: Mon, Oct 29, 2007 at 5:35 PM
To: ifrs@ifrslist.com

Dear Sandeep,
Here is a link to a free download of an IFRS presentation and disclosure checklist which will be a useful tool for your purposes.
Go through this and it would be easier for you to adapt the disclosure requirements to your specific circumstances.



From: Simone Salvi <salvi.simone@gmail.com>
Date: Wed, Aug 27, 2008 at 7:24 PM
To: salvi.simone.ifrs@blogger.com

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