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by mirandavalentini
21 Mar 2024, 14:16
Forum: IFRS-related topics
Topic: Accrued Interest - Loan Write Off
Replies: 3
Views: 504

Accrued Interest - Loan Write Off

Hi, I was wondering how the behaviour should be in when writing off a loan with accrued interest. For example, if I had a loan with a principal balance of 100.000 and a 50.000 of accrued interest (which is recognized income): if I write off a loan, it is clear that the 100.000 of principal should be...