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accounting treatment for dividends uncalimed


what would be the accounting treatment for dividends uncalimed? for how long unclaimed dividends can be reported in SOFP? and how we can derecognize such liability from books?

asked Jul 5 in IFRS 9 - Financial Instruments by Sagar Chhabria

1 Answer

0 votes
Accounting treatment is that this would be shown as dividend payable in current liabilities and the duration would depend upon local corporate laws of every country
answered Jul 5 by umarhussainia Level 5 Member (10,570 points)


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