Recent questions and answers in IFRS Accounting Q&A

1 answer

Liability for unearned rentals

answered Jan 20 in General IFRS Discussion by Visio Level 5 Member (29.1k points)

1 answer

How to convert inventory to investment property

answered Jan 19 in General IFRS Discussion by Visio Level 5 Member (29.1k points)

1 answer

How to measure and recognise development cost

answered Jan 19 in IAS 38 - Intangible Assets by Visio Level 5 Member (29.1k points)

1 answer

IFRS 16 rebates (bonuses)

answered Jan 19 in IAS 17 - Leases by Visio Level 5 Member (29.1k points)

1 answer

Is recharge of expenses between related parties considered a related party transaction which requires disclosure?

answered Jan 19 in IAS 24 - Related Party Disclosures by Visio Level 5 Member (29.1k points)

1 answer

How to expense “stamp tax” of 3 years’ contract-which is % of total 3 years' budget as per IFRS? In 3 years or directly?

answered Jan 19 in General IFRS Discussion by bwxsi Level 1 Member (2.3k points)

1 answer

What does a Trust company need to do to adopt IFRS for SMEs?

answered Jan 19 in General IFRS Discussion by bwxsi Level 1 Member (2.3k points)

1 answer

IRFS 9 Financial instrument

answered Jan 19 in General IFRS Discussion by bwxsi Level 1 Member (2.3k points)

0 answers

What if cost to sell is not given to determine nrv of biological assets?

asked Jan 19 in IAS 41 - Agriculture by anonymous

2 answers

IFRS 15 Revenue

answered Jan 19 in General IFRS Discussion by Manish singh

0 answers

What is the accounting treatment in case of fully repayment of grant after utilizing amount for some period?

asked Jan 19 in General IFRS Discussion by Bhawana Gotame

3 answers

journal entries for government grants

answered Jan 19 in IAS 20 - Accounting for Government Grants by Beatrice

1 answer

What are the positive/negative international critique on the IAS 40 Standard?

answered Jan 19 in General IFRS Discussion by Visio Level 5 Member (29.1k points)

1 answer

Disclosure requirements of a derivative instrument

answered Jan 19 in IFRS 7 - Financial Instruments: Disclosures by AshaKantaSharma Level 1 Member (1.8k points)

5 answers

Is a contract with a barter transaction a lease under IFRS 16?

answered Jan 19 in General IFRS Discussion by Cyrus

0 answers

IFRS can be cost effective in the countries that donot have efficient financial market

asked Jul 6, 2020 in General IFRS Discussion by Tewodros Ayalew

0 answers

Does Buyer Lessor treats a lease always as a operating lease. If not then what is the finance lease treatment

asked Jul 6, 2020 in General IFRS Discussion by Arif

0 answers

How to treat Forex Transactions for 1) Credit Notes for full or partial reversal of AR & 2) W/offs of AR

asked Jul 6, 2020 in IAS 21 - The Effects of Changes in Foreign Exchange Rates by HAM

0 answers

Accounting for sales spread over a period.

asked Jul 6, 2020 in General IFRS Discussion by anonymous

0 answers

4. In general how would fair values be determined for productive assets?

asked Jul 6, 2020 in IFRS 3 - Business Combinations by anonymous

1 answer

What will be the impact of IFRS16 implementation to retained earnings and deferred tax.

answered Dec 10, 2019 in General IFRS Discussion by MALOBA ENOSI

1 answer

Non current asset held for sale

answered Jul 26, 2019 in General IFRS Discussion by Alan

3 answers

Non current assets held for sale can be depreciated according to any of the three methods of depreciation

answered Jul 26, 2019 in General IFRS Discussion by Alan

1 answer

Impact of Leasing in IFRS

answered May 31, 2019 in General IFRS Discussion by Anil Kumar

1 answer

Capitlize or expense the sales centre cost? Not sure..

answered Feb 20, 2019 in IAS 2 - Inventories by Visio Level 5 Member (29.1k points)

1 answer

What is the accounting entry for Impairment of Asset under IFRS 16?

answered Feb 20, 2019 in General IFRS Discussion by Visio Level 5 Member (29.1k points)

1 answer

Treatment of Carriage Outwards Expenses on Sales

answered Dec 25, 2018 in General IFRS Discussion by Amit

1 answer

How does IFRS 15 affect tecomunication revenue recorgnition

answered Dec 14, 2018 in IFRS 15 - Revenue from Contracts with Customers by anonymous

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Recent questions and answers in IFRS Accounting Q&A

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