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Hi! We recently acquired a business. There are ongoing activities to migrate the data from the old systems of the acquired business to our systems. In relation to this, we are incurring the following costs, among others: (1) data conversion / migration costs (2) data testing costs (3) hoteling costs...

Hi Leo, Marek,

On the 2nd point - Leo is correct, the main question is how to treat the marketing funding by the partner/vendor, as a revenue or in reduction of marketing expenses.

Hi! I have two questions relating to revenue and expense netting. (1) Revenue Sharing - We have an agreement with a a partner brand wherein they share a certain % for revenues we earn on their product brand with us. For financial reporting, can we offset/net their revenue share against the income we...

Got it. Thank you!

Not a US company ;) We do apply IFRS. My concern is - In this case, there is no actual equity issuance per se since the fee is only for the increase in "authorized capital stock". As such this may be viewed as direct to P&L. On the other hand, these are costs which are unavoidable and ...

Per IAS 32(37) - "An entity typically incurs various costs in issuing or acquiring its own equity instruments. Those costs might include registration and other regulatory fees amounts paid to legal, accounting and other professional advisers, printing costs and stamp duties. The transaction cos...