<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>IFRS LIST.com &#187; LOAN</title>
	<atom:link href="http://www.ifrslist.com/tag/loan/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ifrslist.com</link>
	<description>The Community about IAS/IFRS, International Accounting</description>
	<lastBuildDate>Sat, 04 Feb 2012 07:46:24 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0.1</generator>
		<item>
		<title>Interest free loan with no fixed repayment terms</title>
		<link>http://www.ifrslist.com/2010/10/31/interest-free-loan-with-no-fixed-repayment-terms/</link>
		<comments>http://www.ifrslist.com/2010/10/31/interest-free-loan-with-no-fixed-repayment-terms/#comments</comments>
		<pubDate>Sun, 31 Oct 2010 13:00:35 +0000</pubDate>
		<dc:creator>mar183</dc:creator>
				<category><![CDATA[OTHER IFRS]]></category>
		<category><![CDATA[liability]]></category>
		<category><![CDATA[LOAN]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=2486</guid>
		<description><![CDATA[Scenario:
In June 2006, XYZ Co. obtained an interest free loan amounting to USD 50 million from a third party with no fixed repayment terms. Under the terms of the loan agreement, the loan is to be repaid in annual installments, each equal to 60% of X...


Related posts:<ol><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>
<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>
<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>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2010/10/31/interest-free-loan-with-no-fixed-repayment-terms/feed/atom/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Deferrement of arrangement fee for obtaining loan</title>
		<link>http://www.ifrslist.com/2009/10/21/deferrement-of-arrangement-fee-for-obtaining-loan/</link>
		<comments>http://www.ifrslist.com/2009/10/21/deferrement-of-arrangement-fee-for-obtaining-loan/#comments</comments>
		<pubDate>Wed, 21 Oct 2009 12:14:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[OTHER IFRS]]></category>
		<category><![CDATA[ARRANGEMENT FEES]]></category>
		<category><![CDATA[LOAN]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1459</guid>
		<description><![CDATA[Can the arrangement fee (agengy fees, structuring fee and legal charges) paid to obtain a long term loan be deferred and subsequently amortised over the tenure of the Loan?
Kindly give references from IFRS.
Regards,
Ali


Related posts:Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan
Borrowing cost
Interest free loan



Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-accounting-treatment-of-arrangement-fee-paid-to-bank-for-term-loan/' rel='bookmark' title='Permanent Link: Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan'>Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan</a></li>
<li><a href='http://www.ifrslist.com/2010/04/12/borrowing-cost-2/' rel='bookmark' title='Permanent Link: Borrowing cost'>Borrowing cost</a></li>
<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>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2009/10/21/deferrement-of-arrangement-fee-for-obtaining-loan/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Interest Capitalization</title>
		<link>http://www.ifrslist.com/2008/12/15/interest-capitalization/</link>
		<comments>http://www.ifrslist.com/2008/12/15/interest-capitalization/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:29:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-re-ifrs-list-interest-capitalization/</guid>
		<description><![CDATA[The Company has taken a loan for construction of projects. A part of
amount is kept in FD with the Bank. Interest is capitalized on the
amount paid as per payment certificates like draw down. If the project
is capitalized and 2 payment certificates received after the
capitalization date. Now question is whether interest will be
capitalized on amount paid after capitalization date or expensed out.
Hemant


I think after the project is completed, the interest expenses, is charged to
P&#38;L.
Krishnendu


Query is not clear:


1. If the loan was taken for construction, interest component to the date of capitalization ...


Related posts:<ol><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/2008/12/15/capitalization-of-visa-charges/' rel='bookmark' title='Permanent Link: Capitalization of Visa Charges'>Capitalization of Visa Charges</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-software-capitalization/' rel='bookmark' title='Permanent Link: Software capitalization'>Software capitalization</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/interest-capitalization/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Difference between affiliates and subsidaries</title>
		<link>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-difference-between-affiliates-and-subsidaries/</link>
		<comments>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-difference-between-affiliates-and-subsidaries/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:24:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[CPA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 37]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SUBSIDIARY]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-difference-between-affiliates-and-subsidaries/</guid>
		<description><![CDATA[Dears
Would you please explain me what is the difference between affiliates
and subsidaries, and then if there is any difference in accounting
treatments.( i am asking these question w.r.t an investment co.)
2nd thing is how i will treat the personal expenses of a partner which
are being paid by the co. and where i have to show it in the balance
sheet.
Regards,
Hameed


Dear Hameed
The shares of subsidiary company should be owned by holding company
but for affiliates, the relationship is a connected party.
Thanks and regards
Simon


Dear Simon
Thanx for your reply, dear would you please explian me more, ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/investment-decision/' rel='bookmark' title='Permanent Link: Investment decision'>Investment decision</a></li>
<li><a href='http://www.ifrslist.com/2010/04/01/consolidated-accounts-2/' rel='bookmark' title='Permanent Link: Consolidated accounts'>Consolidated accounts</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-goodwill-minority-calculation/' rel='bookmark' title='Permanent Link: Goodwill &#38; Minority calculation'>Goodwill &#38; Minority calculation</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-difference-between-affiliates-and-subsidaries/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Forex hedging treatment and disclosure.</title>
		<link>http://www.ifrslist.com/2008/12/15/forex-hedging-treatment-and-disclosure/</link>
		<comments>http://www.ifrslist.com/2008/12/15/forex-hedging-treatment-and-disclosure/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:24:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[DIVIDEND]]></category>
		<category><![CDATA[FOREX]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PRC]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-forex-hedging-treatment-and-disclosure/</guid>
		<description><![CDATA[Dear all


My Company has an outstanding USD loan of say US$10m and as our main subsidiaries are operating in China and earns revenue denominated in RMB, which will ultimately flow to our company in terms of RMB dividend (converted to USD due to exchange regulation in PRC).
As we need to make periodic payments say US$1m every quarter, we are considering entering forex contracts to fix the USD/RMB rate that matches the payments (i.e. 10 contracts @US$1m each @ either same conversion price or different conversion price). 
How should we disclose ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-23-borrowing-costs-forex-diffrences/' rel='bookmark' title='Permanent Link: IAS 23 Borrowing costs &#8211; Forex diffrences'>IAS 23 Borrowing costs &#8211; Forex diffrences</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-accounting-treatment-of-arrangement-fee-paid-to-bank-for-term-loan/' rel='bookmark' title='Permanent Link: Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan'>Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-forex-affect-on-construction-revenue/' rel='bookmark' title='Permanent Link: ForEx affect on construction revenue'>ForEx affect on construction revenue</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/forex-hedging-treatment-and-disclosure/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Budget</title>
		<link>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-budget/</link>
		<comments>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-budget/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:28:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[OTHER]]></category>
		<category><![CDATA[TAX]]></category>
		<category><![CDATA[BUDGET]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CASH FLOW]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 37]]></category>
		<category><![CDATA[INTERCOMPANY]]></category>
		<category><![CDATA[INVENTORY]]></category>
		<category><![CDATA[IRR]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-budget/</guid>
		<description><![CDATA[Dear All
 
Can any body tell me that is budget only for expenses or can be for Asset, liabilities and income also. My openion is it can be for all (Asset, liability, Expense and income). Please help me according to the IAS/IFRS.
&#8211;
Best regard...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/preliminery-expenses/' rel='bookmark' title='Permanent Link: Preliminery expenses'>Preliminery expenses</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/budget-control/' rel='bookmark' title='Permanent Link: Budget control'>Budget control</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-date-of-comercial-production/' rel='bookmark' title='Permanent Link: Date of comercial production'>Date of comercial production</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-budget/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Loan Impairment</title>
		<link>http://www.ifrslist.com/2008/12/14/loan-impairment/</link>
		<comments>http://www.ifrslist.com/2008/12/14/loan-impairment/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 18:45:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CASH FLOW]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IASB]]></category>
		<category><![CDATA[IFRIC]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-loan-impairment/</guid>
		<description><![CDATA[Is there any guideline for measurement of loan impairment and recognition of interest income by using effective rate method


Asim



well Esther the UK leads the path i.e. the UK tax authorities are the only ones in Europe which accept IFRS reporting to the extent that its website http://www.hmrc.gov.uk/ does have a section allocated to differences between IFRS and UK GAAP
I wish in Germany they had the same thing!!!!!







 

Asim
 
Below is the list of applicable paragraphs from IAS 39 for measurement of loan impairment:
 




                 Financial assets carried at amortized cost







63
If there is objective evidence ...


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/2008/12/15/fwd-ifrs-list-impairment-goodwill/' rel='bookmark' title='Permanent Link: Impairment Goodwill'>Impairment Goodwill</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>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/14/loan-impairment/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS India</title>
		<link>http://www.ifrslist.com/2008/12/14/ifrs-india/</link>
		<comments>http://www.ifrslist.com/2008/12/14/ifrs-india/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 16:27:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DOWNLOAD]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[ICAI]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-delivery-status-notification-failure/</guid>
		<description><![CDATA[Hi,
I am a Chartered Accountant in India and am interested in learning IFRS.
Can somebody tell me whether there is any institution through whom I can do some formal course like diploma on IFRS.
Else how does one upgrade himself to know more about IFRS.
This being one of the big oppurtunity to grab in India, I would like to learn about IFRS.
Regards
Asif
 


 


Dear Asif
 
Deloitte&#8217;s website has a proper training material which requires lots of data to be downloaded, but is very comprehensive.
 
I am sure it would help you.
 
Regards
 

Ashish






Google IFRS, and you&#8217;ll find a lot ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/27/implementation-of-ifrs-in-india/' rel='bookmark' title='Permanent Link: Implementation of IFRS in India'>Implementation of IFRS in India</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-training-centre-for-ifrs-course-of-accai/' rel='bookmark' title='Permanent Link: Training centre for IFRS course of ACCAI?'>Training centre for IFRS course of ACCAI?</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs/' rel='bookmark' title='Permanent Link: IFRS!'>IFRS!</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/14/ifrs-india/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>IFRS 7</title>
		<link>http://www.ifrslist.com/2008/12/14/ifrs-7-2/</link>
		<comments>http://www.ifrslist.com/2008/12/14/ifrs-7-2/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 16:27:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EXCHANGE RATE]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IFRS 7]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-ifrs-7-2/</guid>
		<description><![CDATA[Hi

 
Please let me know the salient points in IFRS 7 which has been recently been made a mandatory disclosure in the audited financial statements.
Regards
Raghavan
 




 
Under IFRS 7 there are 12 requirements:
 








Requirement 1
Reconciliation of carrying amounts by classes of financial instruments to IAS 39 measurement categories (at least these categories are HTM, AFS, FVTPL, Loans and Receivables). An entity shall make the decision which classes of financial instruments are appropriate to the nature of the information disclosed taking into account the characteristics of those financial instruments.


Requirement 2
Description of processes for managing the ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/26/ifrs7/' rel='bookmark' title='Permanent Link: IFRS 7'>IFRS 7</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/loan-impairment/' rel='bookmark' title='Permanent Link: Loan Impairment'>Loan Impairment</a></li>
<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>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/12/14/ifrs-7-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Waiver of Inter company Loan</title>
		<link>http://www.ifrslist.com/2008/08/28/waiver-of-inter-company-loan/</link>
		<comments>http://www.ifrslist.com/2008/08/28/waiver-of-inter-company-loan/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:23:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[INTERCOMPANY]]></category>
		<category><![CDATA[LOAN]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-waiver-of-inter-company-loan/</guid>
		<description><![CDATA[Please let me know the treatment of Inter company loan waiver.Example 
Company A is fellow subsidiary of company B.
And company B has given loan to company A for $ 10,000 and there is accrued interest of $ 1000 on loan.
Now Company B waive off all loans and interest.
Under IFRS it should be charged to P&#38; L or equity?
Regards,
Hello,


 
It should be charged to to P&#38;L, as revenue. Essentially, the company received some cash for free; that&#8217;s revenue.
Regards,
While preparing the stand alone books of Company A and B, it should be charged to ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2010/10/31/interest-free-loan-with-no-fixed-repayment-terms/' rel='bookmark' title='Permanent Link: Interest free loan with no fixed repayment terms'>Interest free loan with no fixed repayment terms</a></li>
<li><a href='http://www.ifrslist.com/2010/07/24/treatment-of-exchange-difference-on-capital-asset/' rel='bookmark' title='Permanent Link: Treatment of Exchange Difference on Capital Asset'>Treatment of Exchange Difference on Capital Asset</a></li>
<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>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/waiver-of-inter-company-loan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Loans</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-loans/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-loans/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:12:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[MINORITY INTEREST]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-loans/</guid>
		<description><![CDATA[
Dear All,
Can Loan be classified as Available for sale investments (as it is open category). Please answer while considering IAS 39.
Thanks
Muhammad




A loan can be classified as available for sale in accordance with IAS 39.
A typical example is a syndicated loan where the arranger intends to sell part of (or the full ) amount lent to other counterparties. 
The loan shall be accounted for at fair value less any impairment loss.
 
Antonello 
Dear All
 
Please let me know whether is it allowed to set off the loan receivale from minority shareholders aganist the share of minority ...


Related posts:<ol><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/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>
<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>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-ifrs-list-loans/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IAS 23 Borrowing costs &#8211; Forex diffrences</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-23-borrowing-costs-forex-diffrences/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-23-borrowing-costs-forex-diffrences/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:08:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[BORROWING COSTS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[FOREIGN CURRENCY]]></category>
		<category><![CDATA[FOREX]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 23]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-ias-23-borrowing-costs-forex-diffrences/</guid>
		<description><![CDATA[







As per the amended IAS 23, all borrowing costs on qualifying assets should be capitalised (no option to expense).
Does exchange differences on foreign currency loans qualify as borrowing costs to be capitalised?
Best regards
Allan





Hi Allan

To  my understanding any positive/negative FX difference is expensed directly to the P&#38;L.

Regards,
Marc





The change to IAS23 will come into force on Jan 2009. So far that is only allowed alternative, the benchmark tre
atment is to expense.
The exchange differences on foreign currency should be included to assets under construction and therefore capitalised. After capitalisation of qualifying asset any exchange ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/ias-23-borrowing-costs-forex-differences/' rel='bookmark' title='Permanent Link: IAS 23 Borrowing costs &#8211; Forex differences'>IAS 23 Borrowing costs &#8211; Forex differences</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>
<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/2008/08/28/re-ifrs-list-ias-23-borrowing-costs-forex-diffrences/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Preparation of financial from IGAAP To IFRS</title>
		<link>http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-preparation-of-financial-from-igaap-to-ifrs/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-preparation-of-financial-from-igaap-to-ifrs/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:07:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-re-ifrs-list-preparation-of-financial-from-igaap-to-ifrs/</guid>
		<description><![CDATA[Dear All 
i am working in a home finance company which is subsidary of german company, due to which we are require to prepare the financial from IGAAP to IFRS.
i have the following questions:-
1.we take a loan and in taking loan that we usually pay a processing fee.
2. we pay security deposit for taking Building on rent.
3. we pay Fringe benefit tax on varoius items
 
i want to know,how the above mentioned items will be Accounted in Books in IFRS.
thanks in advance
Vivek


Hi , I had read IAS 32-39 and if you like ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs-3/' rel='bookmark' title='Permanent Link: IFRS'>IFRS</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/loan-impairment/' rel='bookmark' title='Permanent Link: Loan Impairment'>Loan Impairment</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-reinterest-income-recognition-usingeffective-rate/' rel='bookmark' title='Permanent Link: Interest income recognition usingeffective rate'>Interest income recognition usingeffective rate</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-preparation-of-financial-from-igaap-to-ifrs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs-3/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs-3/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:07:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[ICAI]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-ifrs-3/</guid>
		<description><![CDATA[Dear Vatsla
can you answer my following question in details.
1. we take a loan  and pay processing fee for taking loan.
for eg. if we take a loan of rs 10 lacs , we generally pay processing fee of rs.50000. if you see the net amount in hand is rs 9.5 lacs
As per Indian Generally Accepted Accouting Prolices(IGAAP), we recognise the loan at rs. 10 lacs and rs 50000 is expensed off in the year in which loan is taken.
But in IFRS  treatment for this is different.  can you favour me to ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-preparation-of-financial-from-igaap-to-ifrs/' rel='bookmark' title='Permanent Link: Preparation of financial from IGAAP To IFRS'>Preparation of financial from IGAAP To IFRS</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/loan-impairment/' rel='bookmark' title='Permanent Link: Loan Impairment'>Loan Impairment</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-impairment-goodwill/' rel='bookmark' title='Permanent Link: Impairment Goodwill'>Impairment Goodwill</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs-3/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Interest income recognition usingeffective rate</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-reinterest-income-recognition-usingeffective-rate/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-reinterest-income-recognition-usingeffective-rate/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:06:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CASH FLOW]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EFFECTIVE DATE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[LEASING]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PRC]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[WIKIPEDIA]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-reinterest-income-recognition-usingeffective-rate/</guid>
		<description><![CDATA[
If an institution is recognizing income by using flat rate method, but IFRS requires to recognize by using effective rate method. My questions are:
a) policy remains but financial statements it should be based on effective rate. Is it?
b) How to convert portfolio by using effective rate.?
 
 
asim




I don&#8217;t think so, see this link



 
http://en.wikipedia.org/wiki/IFRS
 




 


Hello:
 
Can anyone confirm if the PRC has officially transitioned to full IFRS GAAP reporting and if so, what was the effective date?  Are companies mandated to report in IFRS GAAP or can they still report in PRC GAAP up ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/ias-2-inventories-net-realizable-value-and-write-off/' rel='bookmark' title='Permanent Link: IAS 2 INVENTORIES &#8211; NET REALIZABLE VALUE AND WRITE-OFF'>IAS 2 INVENTORIES &#8211; NET REALIZABLE VALUE AND WRITE-OFF</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-interest-rate-swaps/' rel='bookmark' title='Permanent Link: Interest rate Swaps'>Interest rate Swaps</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-preparation-of-financial-from-igaap-to-ifrs/' rel='bookmark' title='Permanent Link: Preparation of financial from IGAAP To IFRS'>Preparation of financial from IGAAP To IFRS</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-ifrs-list-reinterest-income-recognition-usingeffective-rate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cash equivalent</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-cash-equivalent/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-cash-equivalent/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:42:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 7]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-cash-equivalent/</guid>
		<description><![CDATA[Dear all
Please help in deciding what items can be regarded as cash equivalents
&#62;
Thanks in advance!
Regards,
Lina


Cash equivalents are financial instruments that can be easily converted to cash, have high liquidity like stock of quoted companies.





Best Regards.
Alberto


 
 







Lina,
I woul suggest to take a look into IAS 7.6: Short term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insgnificant risk of changes in value. Normally only an investment with a short maturity of three months or less from the date of acquisition.
Regards
Ingo


It usually includes ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2009/02/25/transfer-of-cash-from-cash-book/' rel='bookmark' title='Permanent Link: Transfer of Cash from cash book'>Transfer of Cash from cash book</a></li>
<li><a href='http://www.ifrslist.com/2009/05/09/cash-and-cash-equivalents/' rel='bookmark' title='Permanent Link: Cash and cash equivalents'>Cash and cash equivalents</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/2008/08/28/re-ifrs-list-cash-equivalent/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cost of conversion</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-cost-of-conversion/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-cost-of-conversion/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:40:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[TREASURY]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-cost-of-conversion/</guid>
		<description><![CDATA[I have some clients asking for studies that show the cost of conversion to IFRS for companies that have been through this.  Does anyone know of resources for this?
 
Thanks
Gord



 
 



and if anyone could link to any material about IFRS Conversion Project Management staff?
 
Thanks.
 
Lado









Hi Gord,
 
I don&#8217;t have info about it, but I would strongly recommend to include in the estimation the costs of following up on the quality of the conversion and further system modifications. Sometime those are bigger than the actual initial conversion costs.

Regards,
Marc

 
 








This is a very difficult question to answer because ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/14/loan-impairment/' rel='bookmark' title='Permanent Link: Loan Impairment'>Loan Impairment</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/borrowing-costs/' rel='bookmark' title='Permanent Link: Borrowing Costs'>Borrowing Costs</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-re-ifrs-list-preparation-of-financial-from-igaap-to-ifrs/' rel='bookmark' title='Permanent Link: Preparation of financial from IGAAP To IFRS'>Preparation of financial from IGAAP To IFRS</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-ifrs-list-cost-of-conversion/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Loan recording</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-re-loan-recording/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-re-loan-recording/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:37:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[LOAN]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-re-loan-recording/</guid>
		<description><![CDATA[Hi all,
 
I am bhenzer a neophyte in ifrs from Philippines. Can anyone please tell me how to journalize this.
 
My company obtained a loan in December 2007 in the amount of 20 Million to be amortized in 10 years beginning 2010 in 120 equal monthly installments. Interest from December 2007 to December 2009 shall be capitalized.
 
Kindly help me please.
 

Bhenzer
 





Hi,

You can apply IAs -23 borrowing cost










Related posts:Interest free loan with no fixed repayment terms
Interest Free Loan to an Employee
Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan



Related posts:<ol><li><a href='http://www.ifrslist.com/2010/10/31/interest-free-loan-with-no-fixed-repayment-terms/' rel='bookmark' title='Permanent Link: Interest free loan with no fixed repayment terms'>Interest free loan with no fixed repayment terms</a></li>
<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>
<li><a href='http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-accounting-treatment-of-arrangement-fee-paid-to-bank-for-term-loan/' rel='bookmark' title='Permanent Link: Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan'>Accounting Treatment of &#34;Arrangement fee&#34; paid to bank for term loan</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/28/re-ifrs-list-re-loan-recording/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Loans interest</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-loans-intrest/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-loans-intrest/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 09:13:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-loans-intrest/</guid>
		<description><![CDATA[







Good day, 
Could you tell how we record loans interest should I have provision then I amortize it on yearly basis or should I record the interest expense at the end of each year according to IAS what should I do.
Regard.




Hi Amir,

 





 
First of all you need to make an estimation of what&#8217;s going to be the real lifetime of that contract which will be different than the nominal life. Then based on the net cashflows taking into consideration the original payment plan and any commissions/subventions, you have to recalculate the ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-reinterest-income-recognition-usingeffective-rate/' rel='bookmark' title='Permanent Link: Interest income recognition usingeffective rate'>Interest income recognition usingeffective rate</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/interest-capitalization/' rel='bookmark' title='Permanent Link: Interest Capitalization'>Interest Capitalization</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/2008/08/28/re-ifrs-list-loans-intrest/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Please guide on this</title>
		<link>http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-please-guide-on-this/</link>
		<comments>http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-please-guide-on-this/#comments</comments>
		<pubDate>Wed, 27 Aug 2008 20:51:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DEFERRED TAX]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[LOAN]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/27/fwd-ifrs-list-please-guide-on-this/</guid>
		<description><![CDATA[

Dear All,


Our company has constructed a building which is to be our Head office. As part of improvements made on the buildings land, management decided to put up a garden with orchards and both Traditional and exotic trees. The garden is to beatify the environment as part of the environmental degradation measures and also enable the staff to go and relax. Out of the expenses so far incurred its felt we capitalize such expenses. I have gone thru the IAS 41 on agriculture where by they can be taken as ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-budget/' rel='bookmark' title='Permanent Link: Budget'>Budget</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/preliminery-expenses/' rel='bookmark' title='Permanent Link: Preliminery expenses'>Preliminery expenses</a></li>
<li><a href='http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-please-guide-on-this-2/' rel='bookmark' title='Permanent Link: Please guide on this'>Please guide on this</a></li>
</ol>]]></description>
		<wfw:commentRss>http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-please-guide-on-this/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

