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	<title>IFRS LIST.com &#187; FINANCIAL INSTRUMENTS</title>
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		<title>IFRS Event: IFRS Application for GENERAL Insurers 23 – 24 November, Central London, UK</title>
		<link>http://www.ifrslist.com/events/2011/11/23/ifrs-event-ifrs-application-for-general-insurers-23-%E2%80%93-24-november-central-london-uk/</link>
		<comments>http://www.ifrslist.com/events/2011/11/23/ifrs-event-ifrs-application-for-general-insurers-23-%E2%80%93-24-november-central-london-uk/#comments</comments>
		<pubDate>Mon, 19 Sep 2011 15:22:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[EVENTS]]></category>
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		<category><![CDATA[IAS 21]]></category>
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		<category><![CDATA[INVESTMENTS]]></category>

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		<description><![CDATA[IFRS Application for GENERAL Insurers
23 – 24 November, Central London, UK 
Visit the Website: http://www.informaglobalevents.com/FKM62275IFLW
10% discount available with VIP Code FKM62275IFLW
This course provides high quality introductory to interme...


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<li><a href='http://www.ifrslist.com/events/2011/05/18/london-ifrs-application-for-general-insurers-save-10-as-ifrslist-member/' rel='bookmark' title='Permanent Link: London – IFRS Application for General Insurers – Save 10% as IFRSList member'>London – IFRS Application for General Insurers – Save 10% as IFRSList member</a></li>
<li><a href='http://www.ifrslist.com/2010/09/06/ifrs-application-for-insurers-training-courses-receive-a-special-10-discount-as-an-ifrslist-subscriber/' rel='bookmark' title='Permanent Link: IFRS Application for Insurers Training Courses. Receive a special 10% discount as an IFRSList Subscriber!'>IFRS Application for Insurers Training Courses. Receive a special 10% discount as an IFRSList Subscriber!</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS Event: IFRS Application for LIFE Insurers 15–16 November, Central London, UK</title>
		<link>http://www.ifrslist.com/events/2011/11/15/ifrs-event-ifrs-application-for-life-insurers-15%E2%80%9316-november-central-london-uk/</link>
		<comments>http://www.ifrslist.com/events/2011/11/15/ifrs-event-ifrs-application-for-life-insurers-15%E2%80%9316-november-central-london-uk/#comments</comments>
		<pubDate>Mon, 19 Sep 2011 15:19:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[LIFE INSURERS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/events/?p=316</guid>
		<description><![CDATA[IFRS Application for LIFE Insurers
15– 16 November, Central London, UK 
Visit the Website: http://www.informaglobalevents.com/FKM62276IFLW
10% discount available with VIP Code FKM62276IFLW
This course provides high quality introductory to intermediat...


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<li><a href='http://www.ifrslist.com/events/2011/05/24/london-ifrs-application-for-life-insurers-as-ifrslist-you-can-save-10/' rel='bookmark' title='Permanent Link: London – IFRS Application for  Life Insurers – As IFRSList you can save 10%'>London – IFRS Application for  Life Insurers – As IFRSList you can save 10%</a></li>
<li><a href='http://www.ifrslist.com/2010/09/06/ifrs-application-for-insurers-training-courses-receive-a-special-10-discount-as-an-ifrslist-subscriber/' rel='bookmark' title='Permanent Link: IFRS Application for Insurers Training Courses. Receive a special 10% discount as an IFRSList Subscriber!'>IFRS Application for Insurers Training Courses. Receive a special 10% discount as an IFRSList Subscriber!</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bond issue related cost</title>
		<link>http://www.ifrslist.com/2010/11/20/bond-issue-related-cost/</link>
		<comments>http://www.ifrslist.com/2010/11/20/bond-issue-related-cost/#comments</comments>
		<pubDate>Sat, 20 Nov 2010 09:01:32 +0000</pubDate>
		<dc:creator>ali12</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=2560</guid>
		<description><![CDATA[Please advise on the treatment of Bond issue related cost .

Suppose bond is a Fixed rate bond and and maturity period is 5 years.Total bond value is 100 mn and issue related cost is 2 mn. Please advise on treatment and presentation with refernce to re...


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<li><a href='http://www.ifrslist.com/2007/12/04/ifrslistcom-hi-i-want-to-know-how-to-get-related-license-about-ifrs/' rel='bookmark' title='Permanent Link: Hi! I want to know how to get related license about IFRS'>Hi! I want to know how to get related license about IFRS</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Investment Fund &#8211; Equity Unitholders</title>
		<link>http://www.ifrslist.com/2010/11/19/investment-fund-equity-unitholders/</link>
		<comments>http://www.ifrslist.com/2010/11/19/investment-fund-equity-unitholders/#comments</comments>
		<pubDate>Fri, 19 Nov 2010 12:22:31 +0000</pubDate>
		<dc:creator>Isabelle</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=2555</guid>
		<description><![CDATA[Dear all,
Our investment fund is an open-ended Fund constitued as a Unit Trust mostly invested in shares on a listed market. The NAV is calculated weekly.
At the launching period the NAV was fixed at 10.00, and 500,000 has been subscribed. Only one cla...


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<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-rerevaluation-of-investment-property/' rel='bookmark' title='Permanent Link: Revaluation of investment property'>Revaluation of investment property</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
</ol>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Profit from Foward Contract</title>
		<link>http://www.ifrslist.com/2010/11/18/profit-from-foward-contract/</link>
		<comments>http://www.ifrslist.com/2010/11/18/profit-from-foward-contract/#comments</comments>
		<pubDate>Thu, 18 Nov 2010 04:49:14 +0000</pubDate>
		<dc:creator>gihans</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=2552</guid>
		<description><![CDATA[Is it is possible to reduce cost of a asset by the profit earned through the forward contract which is specificaly for  the said asset ?



Related posts:Accounting Entries for Forward Contract
audit engagement contract,  non-profit non-stock entity
...


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<li><a href='http://www.ifrslist.com/2009/12/06/non-profit-agency-and-auditing/' rel='bookmark' title='Permanent Link: Non Profit Agency and Auditing'>Non Profit Agency and Auditing</a></li>
<li><a href='http://www.ifrslist.com/2010/06/02/accounting-entries-for-forward-contract/' rel='bookmark' title='Permanent Link: Accounting Entries for Forward Contract'>Accounting Entries for Forward Contract</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Tools ‹ IFRS LIST.COM – The online community about IAS IFRS, Accounting and Auditing — WordPress</title>
		<link>http://www.ifrslist.com/2010/11/13/tools-%E2%80%B9-ifrs-list-com-%E2%80%93-the-online-community-about-ias-ifrs-accounting-and-auditing-%E2%80%94-wordpress/</link>
		<comments>http://www.ifrslist.com/2010/11/13/tools-%E2%80%B9-ifrs-list-com-%E2%80%93-the-online-community-about-ias-ifrs-accounting-and-auditing-%E2%80%94-wordpress/#comments</comments>
		<pubDate>Sat, 13 Nov 2010 06:29:58 +0000</pubDate>
		<dc:creator>riyer0018</dc:creator>
				<category><![CDATA[ASIA]]></category>
		<category><![CDATA[AUDIT]]></category>
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		<description><![CDATA[Tools ‹ IFRS LIST.COM – The online community about IAS IFRS, Accounting and Auditing — WordPress.



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Request for auditing standard
Assistance for Audit...


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<li><a href='http://www.ifrslist.com/2010/02/26/ifrs-a-help-or-a-headache-apply-for-msc-in-accounting-and-control-in-amsterdam/' rel='bookmark' title='Permanent Link: IFRS: a help or a headache? Apply for MSc in Accounting and Control in Amsterdam'>IFRS: a help or a headache? Apply for MSc in Accounting and Control in Amsterdam</a></li>
<li><a href='http://www.ifrslist.com/2009/06/13/option-accounting-entries/' rel='bookmark' title='Permanent Link: Option Accounting Entries'>Option Accounting Entries</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Interest free loan</title>
		<link>http://www.ifrslist.com/2010/09/05/interest-free-loan/</link>
		<comments>http://www.ifrslist.com/2010/09/05/interest-free-loan/#comments</comments>
		<pubDate>Sun, 05 Sep 2010 09:51:47 +0000</pubDate>
		<dc:creator>Ram Maheshawari</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/2010/09/interest-free-loan/</guid>
		<description><![CDATA[Holding company has transfered money to subsidary as a long term loan without any interest.
How it should be presented as per IFRS. Should we show as equity loan without any discounting/with discounting? or we need to show as long term loan with or without discounting.


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Minority Interest



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<li><a href='http://www.ifrslist.com/2009/09/25/interest-free-loan-to-an-employee/' rel='bookmark' title='Permanent Link: Interest Free Loan to an Employee'>Interest Free Loan to an Employee</a></li>
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</ol>]]></description>
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		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Accounting Entries for Forward Contract</title>
		<link>http://www.ifrslist.com/2010/06/02/accounting-entries-for-forward-contract/</link>
		<comments>http://www.ifrslist.com/2010/06/02/accounting-entries-for-forward-contract/#comments</comments>
		<pubDate>Wed, 02 Jun 2010 05:59:39 +0000</pubDate>
		<dc:creator>Sadhna</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/2010/06/accounting-entries-for-forward-contract/</guid>
		<description><![CDATA[What entry to be passed for profit or loss on forward contract at the inception date of forward contract and is there requirement of any of accounting entry as on balance sheet date just journal entries.


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<li><a href='http://www.ifrslist.com/2010/11/18/profit-from-foward-contract/' rel='bookmark' title='Permanent Link: Profit from Foward Contract'>Profit from Foward Contract</a></li>
<li><a href='http://www.ifrslist.com/2009/06/13/option-accounting-entries/' rel='bookmark' title='Permanent Link: Option Accounting Entries'>Option Accounting Entries</a></li>
</ol>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Hedge Accounting</title>
		<link>http://www.ifrslist.com/2010/03/26/hedge/</link>
		<comments>http://www.ifrslist.com/2010/03/26/hedge/#comments</comments>
		<pubDate>Fri, 26 Mar 2010 06:05:37 +0000</pubDate>
		<dc:creator>yahya mohamed</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1840</guid>
		<description><![CDATA[Help me i need hedge entries for foreign currency hedge


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<li><a href='http://www.ifrslist.com/2009/06/13/option-accounting-entries/' rel='bookmark' title='Permanent Link: Option Accounting Entries'>Option Accounting Entries</a></li>
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</ol>]]></description>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Present value and future value</title>
		<link>http://www.ifrslist.com/2010/03/26/present-value-and-future-value/</link>
		<comments>http://www.ifrslist.com/2010/03/26/present-value-and-future-value/#comments</comments>
		<pubDate>Fri, 26 Mar 2010 05:56:39 +0000</pubDate>
		<dc:creator>yahya mohamed</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[NET VALUE]]></category>
		<category><![CDATA[PRESENT VALUE]]></category>
		<category><![CDATA[RECEIVABLES]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1838</guid>
		<description><![CDATA[Can somebody please help me how to recognize present value and future values for receivables
giving examples with journal entries


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</ol>]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Intragroup losses requires impairment?</title>
		<link>http://www.ifrslist.com/2010/03/10/intragroup-losses-requires-impairment/</link>
		<comments>http://www.ifrslist.com/2010/03/10/intragroup-losses-requires-impairment/#comments</comments>
		<pubDate>Wed, 10 Mar 2010 12:23:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IAS 18]]></category>
		<category><![CDATA[IAS 36]]></category>
		<category><![CDATA[IMPAIRMENT TEST]]></category>
		<category><![CDATA[INTERCOMPANY]]></category>
		<category><![CDATA[RECEIVABLES]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1812</guid>
		<description><![CDATA[Should the receivable from 100% subsidiray requires impairment if there are accumulated losses in sub and net worth is negative?
If  it require impairment then what is the criteria to apply and specialy when audit report of that sub  has unqualified opinion and no issue for going concern.
According to IAS 27 (Intragroup losses may indicate an impairment that requires recognition in the consolidated financial statements)


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<li><a href='http://www.ifrslist.com/2009/10/05/assessing-for-impairment-indicators-on-transition-date/' rel='bookmark' title='Permanent Link: Assessing for Impairment Indicators on Transition Date'>Assessing for Impairment Indicators on Transition Date</a></li>
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</ol>]]></description>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Speculative trading position on accrual accounted asset?</title>
		<link>http://www.ifrslist.com/2010/01/28/speculative-trading-position-on-accrual-accounted-asset/</link>
		<comments>http://www.ifrslist.com/2010/01/28/speculative-trading-position-on-accrual-accounted-asset/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 11:01:58 +0000</pubDate>
		<dc:creator>BD_83</dc:creator>
				<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[SPECULATIVE TRADING]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1594</guid>
		<description><![CDATA[Hello all,
We have several positions of ‘commodity storages’ in our portfolio (oil storage tanks, underground gas storages, coal reserves…). These storages are considered as assets and are valued at a typical average winter/summer commodity spread (buy summer, sell winter). The complete portfolio is accounted using the “accrual” method. Within the trading business these spreads are also referred to as intrinsic value of a storage.
We are considering trading positions on these assets in the future&#8230; This implies that traders should be possible to take daily &#8217;speculative&#8217; positions on assets assigned in our physical ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
<li><a href='http://www.ifrslist.com/2010/01/09/latest-ias-39-treatment-on-forward-contracts/' rel='bookmark' title='Permanent Link: Latest IAS 39 treatment on forward contracts'>Latest IAS 39 treatment on forward contracts</a></li>
<li><a href='http://www.ifrslist.com/2009/03/10/how-to-account-intragroup-trading-under-business-combination/' rel='bookmark' title='Permanent Link: How to account intragroup trading under Business combination'>How to account intragroup trading under Business combination</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2010/01/28/speculative-trading-position-on-accrual-accounted-asset/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Latest IAS 39 treatment on forward contracts</title>
		<link>http://www.ifrslist.com/2010/01/09/latest-ias-39-treatment-on-forward-contracts/</link>
		<comments>http://www.ifrslist.com/2010/01/09/latest-ias-39-treatment-on-forward-contracts/#comments</comments>
		<pubDate>Sat, 09 Jan 2010 04:18:42 +0000</pubDate>
		<dc:creator>Michael_jay</dc:creator>
				<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IFRSLIST.COM]]></category>
		<category><![CDATA[FORWARD CONTRACTS]]></category>
		<category><![CDATA[IAS 39]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1549</guid>
		<description><![CDATA[Hello to all IFRS expert,
I would like to clarify the IAS 39 accounting entries for a forward contract.
My company currently open LC for purchase of machinery from japan for our trading business on 11 March 2010. Due to forex volatility, we entered into a forward contract for Japanese Yen. Say the yen amount is JPY25,000,000 @ 3.789 (for malaysia) maturity on 10 January 2011.
What is the double entry ? Is it correct that we debit financial assets at RM947,250 (Yen x 3.789/100) and credit financial liability RM947,250 at the same ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2010/06/02/accounting-entries-for-forward-contract/' rel='bookmark' title='Permanent Link: Accounting Entries for Forward Contract'>Accounting Entries for Forward Contract</a></li>
<li><a href='http://www.ifrslist.com/2009/03/22/ias-23-borrowing-cost-capitalization/' rel='bookmark' title='Permanent Link: IAS 23 &#8211; Borrowing cost capitalization'>IAS 23 &#8211; Borrowing cost capitalization</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/cash-hedging/' rel='bookmark' title='Permanent Link: Cash hedging'>Cash hedging</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2010/01/09/latest-ias-39-treatment-on-forward-contracts/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Loss on interest rate swap can be capitalized?</title>
		<link>http://www.ifrslist.com/2009/11/23/loss-on-interest-rate-swap-can-be-capitalized/</link>
		<comments>http://www.ifrslist.com/2009/11/23/loss-on-interest-rate-swap-can-be-capitalized/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 12:39:13 +0000</pubDate>
		<dc:creator>ca.lokeshjain</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[BORROWING COSTS]]></category>
		<category><![CDATA[CAPITALIZATION]]></category>
		<category><![CDATA[IAS 23]]></category>
		<category><![CDATA[INTEREST RATE SWAP]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[QUALIFYING ASSET]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1515</guid>
		<description><![CDATA[For development of qualifying assets we took a loan from bank, as per ias 23, interest cost on loan taken for qualifying assets will be capitalized to those assets, as per the loan agreement interest rate was libor+1.5, initially libor was high so to cover the loss of probable higher rate of interest co. went in to interest rate swap and as per that now co. has to pay only fix 4.5%  now libor rate has gone down so my question is, loss on interest swap will be transferred to ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2009/02/21/interest-rate-swap/' rel='bookmark' title='Permanent Link: Interest Rate Swap'>Interest Rate Swap</a></li>
<li><a href='http://www.ifrslist.com/2009/11/19/loss-identification-period-loan-loss-provision/' rel='bookmark' title='Permanent Link: Loss identification period, loan loss provision'>Loss identification period, loan loss provision</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/ias-23-borrowing-costs-interest-free-loans-2/' rel='bookmark' title='Permanent Link: IAS 23 Borrowing costs &#8211; Interest-free loans'>IAS 23 Borrowing costs &#8211; Interest-free loans</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/11/23/loss-on-interest-rate-swap-can-be-capitalized/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Loss identification period, loan loss provision</title>
		<link>http://www.ifrslist.com/2009/11/19/loss-identification-period-loan-loss-provision/</link>
		<comments>http://www.ifrslist.com/2009/11/19/loss-identification-period-loan-loss-provision/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 16:56:28 +0000</pubDate>
		<dc:creator>amyd</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[Loan Impairment]]></category>
		<category><![CDATA[Loan Loss Provision]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1510</guid>
		<description><![CDATA[Hello,
Can anyone tell me how the &#8220;loss identification period&#8221; (the period between the loss event and when the company becomes aware of it) should affect the probability of default in a collective provision model under the current IFRS sta...


Related posts:<ol><li><a href='http://www.ifrslist.com/events/2011/10/14/ifrs-group-accounting-conference-2011-6th-december-2011-london-3/' rel='bookmark' title='Permanent Link: IFRS Group Accounting Conference 2011 – 6th December 2011 – London'>IFRS Group Accounting Conference 2011 – 6th December 2011 – London</a></li>
<li><a href='http://www.ifrslist.com/events/2011/11/07/ifrs-group-accounting-conference-2011-6th-december-2011-london-2/' rel='bookmark' title='Permanent Link: IFRS Group Accounting Conference 2011 – 6th December 2011 – London'>IFRS Group Accounting Conference 2011 – 6th December 2011 – London</a></li>
<li><a href='http://www.ifrslist.com/2009/11/23/loss-on-interest-rate-swap-can-be-capitalized/' rel='bookmark' title='Permanent Link: Loss on interest rate swap can be capitalized?'>Loss on interest rate swap can be capitalized?</a></li>
</ol>]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>IFRS treatment for interest free loans</title>
		<link>http://www.ifrslist.com/2009/11/04/ifrs-treatment-for-interest-free-loans/</link>
		<comments>http://www.ifrslist.com/2009/11/04/ifrs-treatment-for-interest-free-loans/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 21:36:35 +0000</pubDate>
		<dc:creator>77Quarterback</dc:creator>
				<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1485</guid>
		<description><![CDATA[ACo, an offshore company, makes non-interest bearing loans of $10m in FY00, to ZCo a related entity in a tax paying jurisdiction. Repayment terms are 5 equal annual installments from FY05, ending FY10.
Whilst i agree that one would generally FV the loan by discounting the future receivables to PV using market rates, what would one do with the difference between the PV (say $8m) and the $10m? I think one would immediately recognise that &#8220;unearned interest&#8221; of $2m in the income statement as a Dr, and in future years recognise the PV ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2010/09/05/interest-free-loan/' rel='bookmark' title='Permanent Link: Interest free loan'>Interest free loan</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/minority-interest-2/' rel='bookmark' title='Permanent Link: Minority interest'>Minority interest</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/ias-23-borrowing-costs-interest-free-loans/' rel='bookmark' title='Permanent Link: IAS 23 Borrowing costs &#8211; Interest-free loans'>IAS 23 Borrowing costs &#8211; Interest-free loans</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/11/04/ifrs-treatment-for-interest-free-loans/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Interest Free Loan to an Employee</title>
		<link>http://www.ifrslist.com/2009/09/25/interest-free-loan-to-an-employee/</link>
		<comments>http://www.ifrslist.com/2009/09/25/interest-free-loan-to-an-employee/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 20:03:43 +0000</pubDate>
		<dc:creator>zohaib</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[Add new tag]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1427</guid>
		<description><![CDATA[Dear All,
Would you please help me with IFRS accounting treatment for the below;
A company  gives interest free loan to an employee which is to be repaid in equal annual installments in 10 yrs time. now company wants to classify this as Held To Maturity. can they do it and if yes, what would be the accounting treatment.


Related posts:Interest free loan with no fixed repayment terms
Interest free loan
IFRS treatment for interest free loans



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<li><a href='http://www.ifrslist.com/2010/09/05/interest-free-loan/' rel='bookmark' title='Permanent Link: Interest free loan'>Interest free loan</a></li>
<li><a href='http://www.ifrslist.com/2009/11/04/ifrs-treatment-for-interest-free-loans/' rel='bookmark' title='Permanent Link: IFRS treatment for interest free loans'>IFRS treatment for interest free loans</a></li>
</ol>]]></description>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Financial Instruments under IFRS</title>
		<link>http://www.ifrslist.com/2009/09/15/financial-instruments-under-ifrs/</link>
		<comments>http://www.ifrslist.com/2009/09/15/financial-instruments-under-ifrs/#comments</comments>
		<pubDate>Tue, 15 Sep 2009 09:58:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS 7]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1423</guid>
		<description><![CDATA[Dear Sir or Madam
Can you tell me what will be include in the Financial Instruments?
and second think i am doing research on the discloser of IFRS by the companies and i am not understanding what would i see in the annual reports of the companies for seeing the Financial Instruments ?
Regard
Rakesh


Related posts:Financial instruments
Toronto – IASeminars Course: IFRS Financial Instruments Workshop (2-day course)
Hedge, Treasury instruments



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<li><a href='http://www.ifrslist.com/2008/08/26/ifrs-list-hedge-treasury-instruments/' rel='bookmark' title='Permanent Link: Hedge, Treasury instruments'>Hedge, Treasury instruments</a></li>
</ol>]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>IASB update &#8211; setoff of financial liability agaist own issued shares</title>
		<link>http://www.ifrslist.com/2009/08/08/iasb-update-setoff-of-financial-liability-agaist-own-issued-shares/</link>
		<comments>http://www.ifrslist.com/2009/08/08/iasb-update-setoff-of-financial-liability-agaist-own-issued-shares/#comments</comments>
		<pubDate>Sat, 08 Aug 2009 16:21:01 +0000</pubDate>
		<dc:creator>Expert</dc:creator>
				<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1380</guid>
		<description><![CDATA[Dear members,
IASB has issued an exposure draft which is open for comment till September 7, 2009. This IFRIC discusses the treatment when a company will issue its own shares to settle some or all of its liabilities.
The exposure draft talks about the right to acquire own equity instruments.
The draft can be accessed at the following location;
http://www.iasb.org/NR/rdonlyres/974EE382-6274-4294-A92B-230D0504C26E/0/IFRICD25.pdf
Comments can be sent in at the following address;
http://www.iasb.org/Current+Projects/IFRIC+Projects/IFRIC+D25+Extinguishing+Financial+Liabilities+with+Equity+Instruments/Draft+Interpretation+and+comment+letters/Draft+Interpretation+and+comment+letters.htm
Expert (http://www.theaccountantsdesk.com)


Related posts:Live web presentation introducing the exposure draft on Fair Value Measurement &#8211; 30 June 2009
IFRS Update &#8211; Essential Update for 2009 &#038; 2010 Financial Statements &#8211; ...


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<li><a href='http://www.ifrslist.com/2009/02/01/news-from-iasborg-about-ifrs-for-smes/' rel='bookmark' title='Permanent Link: News from IASB.org about IFRS for SMEs'>News from IASB.org about IFRS for SMEs</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS Seminar in Mumbai</title>
		<link>http://www.ifrslist.com/2009/07/14/ifrs-seminar-in-mumbai/</link>
		<comments>http://www.ifrslist.com/2009/07/14/ifrs-seminar-in-mumbai/#comments</comments>
		<pubDate>Tue, 14 Jul 2009 10:15:11 +0000</pubDate>
		<dc:creator>helixservices</dc:creator>
				<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[EVENTS]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS BLOG]]></category>
		<category><![CDATA[IFRS FOR SME]]></category>
		<category><![CDATA[IFRSLIST.COM]]></category>
		<category><![CDATA[LOCAL GAAP vs IFRS]]></category>
		<category><![CDATA[IFRS IN INDIA]]></category>
		<category><![CDATA[IFRS in Mumbai]]></category>
		<category><![CDATA[IGAAP]]></category>
		<category><![CDATA[seminar]]></category>
		<category><![CDATA[TRAINING]]></category>
		<category><![CDATA[workshops]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1376</guid>
		<description><![CDATA[
Helix Business Solutions
Energizing your organization….
 
ICAI has announced that all financial institutions have to report their financials in the IFRS format by 2011.  Are you prepared for it?
 
Helix Business Solutions is keeping a seminar on IFRS on 24th July 2009. It is a 2-day seminar in one of the best hotels in Mumbai with state-of-art facilities. The session will introduce you to the concepts of IFRS and how it impacts India Inc. Each accounting standard and its impact will be covered in detailed.
 
Date: Friday, 24th July 2009 and Saturday,25th July 2009
Time:10:00 ...


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</ol>]]></description>
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		<slash:comments>2</slash:comments>
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