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Hello everyone! Please could you help me to find a solution to the issue: The company A is intended to acquire company B. Company B has negative net assets. The acquisition include cash consideration. In this case what accounting treatment could be used? Should the difference betweent the negative n...

Hi everyone! Have anyone applied the component approach at your entity? My question is related to the following: 1) Do you recognise each component as a separate PPE item or just divide PPE items in components only for depreciation purposes? 2) How payroll capitalisation is affected by component app...

Hi Jakob! Thanks for you help! Unfortunately, the guidence in IFRS 9.5.5.19 is related to ECL calculation and I'm not quite sure that it's also applicable to assesing the period for on-demand loan for initial recognicion at FV. Could you please also advise me on the market rates: 1) Are bank deposit...

Hi Leo!
The loan is on demad but it is provided to a related patrty and there is no intentention to call the loan for a several years. Shouldn't I stiil discount it?
Could you please provide a link to IFRS 9 or other guidences related to on-demad instruments?

Hello everyone! Please advise me on a question related to loans issued. Company X issued a loan to a related party with a on-demand term, what accounting treatment is appicable: 1) What term should I use for discountinued CF calculations? How the maturity date can be determined? 2) If the % is highe...

Both companies will remain as separate entities, no special provisions in share purchase agreement so they will be settled as usual.
However, I'm not really sure on the consolidation of the companies.

During the FY the company A acquired company B that used to have operations with. At the aquisition date the companies have AP-AR with each other. Which accounting treatment for the operations is appliceble: 1) Should I exclude the INCO balances at the acquisition date as a part of net assets and go...

Yes, normal goods and services

Hi everyone! Please clarify the following issue for me: If the company provides goods or services to it's employees for free or with a discount, should it be recognised as: 1) Extra payroll (or similar expense on employees) and revenue, or 2) Should be deducted from revenue (and expenses as well) as...