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Protected: Openings in IFRS

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By |December 23rd, 2009|JOB|Enter your password to view comments.

Interest Free Loan to an Employee

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 [...]

By |September 25th, 2009|FINANCIAL INSTRUMENTS|4 Comments

Bonds

What is the accounting treatment if bonds will mature within 1 year and received a coupon.  Should I make an accounting entry to treasury bills representing the coupon.

By |March 12th, 2009|Uncategorized|0 Comments

Land Amortization- 99 years lease

Dear Reader, A company pays for Land which is on a lease for 99 years. As per the norms available, most of the lands are on 99 years lease. Should depreciation/amortization= 1/99 years be provided on the same per IAS 16 or IAS17. Under which para this is covered in IFRS..........regards eish taneja

By |February 17th, 2009|IAS 16|6 Comments