Search found 2 matches
- 30 Oct 2019, 10:52
- Forum: IFRS-related topics
- Topic: IFRS 9 Embedded derivatives
- Replies: 6
- Views: 1548
Re: IFRS 9 Embedded derivatives
Yes because of the foreign currency
- 29 Oct 2019, 14:36
- Forum: IFRS-related topics
- Topic: IFRS 9 Embedded derivatives
- Replies: 6
- Views: 1548
IFRS 9 Embedded derivatives
We have a contract with an overseas supplier to supply our company with Oxygen gas. The contract is denominated in US dollars and therefore payments will be in US dollars while our company's currency is South African rands. We pay the supplier a monthly fee for the oxygen supplied. I believe this co...