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There were no changes in IFRS in this respect.

It is a common control transaction but not a business combination under common control because no party gains control over a business that it didn't already control. Regarding A's separate financial statements, see https://ifrscommunity.com/knowledge-base/intragroup-transactions-in-separate-financia...

See the second example in https://ifrscommunity.com/knowledge-bas ... ate-loans/

Seems like a SaaS solution i.e. an access to the app installed on vendor's infrastructure -> revenue expense rather than an intangible asset: https://ifrscommunity.com/knowledge-bas ... rvice-saas

Please provide more details on the terms of the arrangement between the software developer and its clients

@hubertd - I'd say each drawdown is subject to its own amortised cost calculation, independent of other tranches within the same loan facility.

What's your opinion after reading our knowledge base article? https://ifrscommunity.com/knowledge-bas ... g-a-lease/

What are the reasons for this change?

Are these fees treated as separate performance obligations? If they aren't, how do you recognise revenue for the performance obligations that include these fees?

https://ifrscommunity.com/knowledge-bas ... obligation

As I see it, this doesn't constitute a modification since the repricing occurs under the original terms. Technically, you will need to recalculate the amortised cost using the revised cash flows and the original EIR. However, as the interest rates remain unchanged at the consolidation date, there wi...

There won't be any P/L impact, just a new RoU asset and lease liability:
https://ifrscommunity.com/knowledge-bas ... rate-lease

My question is that should we even be recognizing the asset in the books of the lessee in the first place as for the lack of lessee's control over the leasehold improvement to later reduce it by the reimbursement amount? It's quite common to recognise leasehold improvements as assets by lessees. Fo...

Licences for on-premise use can be recognised as intangible assets by your clients. Conversely, if it's just an access to software on your servers, then it's a revenue expense. See: https://ifrscommunity.com/knowledge-base/recognition-and-cost-of-intangible-assets/#software-as-a-service-saas The dev...

Mapu22 wrote: ↑19 Apr 2024, 13:21 First I have to book the premium to p&l. DR option CR cost

Since when costs are booked on the credit side? And you seem to missing the cash payment from these initial entries. Try again

It's a business combination under common control, so you have lots of flexibility in how you account for this transaction: https://ifrscommunity.com/knowledge-bas ... on-control

PS. You should be able to find some answers in KPMG's IFRS 2 handbook: https://assets.kpmg.com/content/dam/kpm ... yments.pdf

That's why I asked for the business rationale for this decision. It'll help to clarify whether it's an implied impairment loss or a capital contribution.

This might also be considered an equity contribution to the associate, in which case the debit entry would be treated as an increase in the investment accounted for under the equity method. What are the economic reasons for waiving the previously agreed interest? Also, if this associate is loss-maki...

This scenario might be too complex to address in a forum post, I'm afraid...

Leo wrote: ↑11 Apr 2024, 17:03 I read quickly so I must've missed something.

Next time, please take a more careful read before posting your comments, otherwise you're just cluttering the forums

How do customers access the software? Is it through on-premises installation or via a web browser (SaaS)?

PS. Instead of using generic titles like 'Intangible assets (IAS 38)', please propose a specific title related to your question and I'll update it.

Can you provide the exact quote specifying that the interest is mandatory?

Check out this analysis based on an actual case study:
https://www.footnotesanalyst.com/analys ... tructures/

https://ifrscommunity.com/ifrs-forum-qu ... in-replies

yeah three interns supervised by an 'experienced' associate

Yeah, my post wasn't clear Say the ship's owner pays $100 of which the subsidiary receives $90.

Accounting by parent:
Revenue $100
COS $90

Accounting by subsidiary:
Revenue $90
COS [actual costs incurred]

It appears the subsidiary is acting as a subcontractor for the parent. It's correct for them to recognise revenue based on the actual amount received. But I'd classify this as revenue earned from the parent and disclose it as related party revenue under IAS 24.

WOW!

this link should work (Note 25, page 74):

https://find-and-update.company-informa ... download=0

https://www.annualreports.com/HostedDat ... f#page=193