Search found 418 matches

by JRSB
18 Jan 2021, 15:27
Forum: IFRS-related topics
Topic: Cash-settled share based payment outside scope of IFRS 2
Replies: 6
Views: 71

Re: Cash-settled share based payment outside scope of IFRS 2

Yes, or worse, it's taken into account in an ongoing relationship between old parent and new parent - the optionholders' ongoing services charged via management service between S and old P, :ugeek:
by JRSB
15 Jan 2021, 19:47
Forum: IFRS-related topics
Topic: Cash-settled share based payment outside scope of IFRS 2
Replies: 6
Views: 71

Re: Cash-settled share based payment outside scope of IFRS 2

I was starting to think from a group perspective, but I agree that for S only nothing has changed in some ways
by JRSB
14 Jan 2021, 21:43
Forum: IFRS-related topics
Topic: IFRS-15 prompt payment discount
Replies: 4
Views: 39

Re: IFRS-15 prompt payment discount

outside of IFRS 15, just thinking about the situation, I kept swaying from one side to the other. ....
by JRSB
13 Jan 2021, 19:33
Forum: IFRS-related topics
Topic: Put option
Replies: 12
Views: 82

Re: Put option

and out of interest what was the commercial reason? Why not sell 100% in this case?
by JRSB
13 Jan 2021, 19:31
Forum: IFRS-related topics
Topic: Discounting in negative interest rate environment
Replies: 9
Views: 51

Re: Discounting in negative interest rate environment

If any members wish to lend to me at negative rates, feel free.
by JRSB
13 Jan 2021, 12:41
Forum: IFRS-related topics
Topic: Discounting in negative interest rate environment
Replies: 9
Views: 51

Re: Discounting in negative interest rate environment

...in which case applying 0% would seem to be fair
by JRSB
13 Jan 2021, 12:39
Forum: IFRS-related topics
Topic: Discounting in negative interest rate environment
Replies: 9
Views: 51

Re: Discounting in negative interest rate environment

If banks are paying -2% on deposits then it still makes sense to loan at -0.01% etc? I'm not aware where negative rates have become significant, only modest negative rates which are signifiers I suppose of cheap lending and wanting a small penalty for holding cash rather than spending it.
by JRSB
12 Jan 2021, 23:08
Forum: IFRS-related topics
Topic: Incremental borrowing rate | IFRS 16
Replies: 12
Views: 649

Re: Incremental borrowing rate | IFRS 16

Send more emails :mrgreen:
by JRSB
12 Jan 2021, 22:32
Forum: IFRS-related topics
Topic: Incremental borrowing rate | IFRS 16
Replies: 12
Views: 649

Re: Incremental borrowing rate | IFRS 16

The chain above asks about 'practice' and whilst there's some good discussion of theory, in practice I've seen it occur that an email to a bank relationship manager saying 'what would you charge if we borrowed £20m over 3 years' (etc), with an answer back 10 mins later, and that was it. ;) ;)
by JRSB
12 Jan 2021, 22:10
Forum: IFRS-related topics
Topic: Fair valuation - identification for lease classification
Replies: 3
Views: 38

Re: Fair valuation - identification for lease classification

Outside of extremely rare/specific/niche assets, generally I find it's reasonably achievable to identify a reasonable fair value based on freely available data.
by JRSB
12 Jan 2021, 22:09
Forum: IFRS-related topics
Topic: Incremental borrowing rate | IFRS 16
Replies: 12
Views: 649

Re: Incremental borrowing rate | IFRS 16

Interesting one. In fact I have no idea but if the lease liability is considered for this purpose effectively as borrowing, then why wouldn't a negative interest rate equally apply...
by JRSB
07 Jan 2021, 11:16
Forum: IFRS-related topics
Topic: Decommissioning liability
Replies: 15
Views: 110

Re: Decommissioning liability

What's a standard risk free rate in Poland? We would normally have 0 - 0.25% depending on gilt term . Central bank base rate is 0.1%
by JRSB
07 Jan 2021, 11:06
Forum: IFRS-related topics
Topic: Decommissioning liability
Replies: 15
Views: 110

Re: Decommissioning liability

Yes agree not right but in practice a lot of smaller reporters will use one company discount rate for everything.
by JRSB
07 Jan 2021, 11:04
Forum: IFRS-related topics
Topic: FV of loan for disclosure
Replies: 12
Views: 47

Re: FV of loan for disclosure

Thanks very much

I guess the traded price is an approximation of the future cash flows, discounted at a different market risk rate, plus or minus 'market noise'.
by JRSB
07 Jan 2021, 10:52
Forum: IFRS-related topics
Topic: Decommissioning liability
Replies: 15
Views: 110

Re: Decommissioning liability

Thanks I hadn't appreciated the distinction for provisions - practice being application of WACC in most cases.
by JRSB
07 Jan 2021, 10:48
Forum: IFRS-related topics
Topic: FV of loan for disclosure
Replies: 12
Views: 47

Re: FV of loan for disclosure

What in your case Leo is the indication that FV is different?
by JRSB
05 Jan 2021, 17:26
Forum: IFRS-related topics
Topic: Capitalising movement in FV liability
Replies: 16
Views: 79

Re: Capitalising movement in FV liability

IFRS 18 : Contingent consideration in non-business combination scenarios
by JRSB
05 Jan 2021, 17:12
Forum: IFRS-related topics
Topic: Capitalising movement in FV liability
Replies: 16
Views: 79

Re: Capitalising movement in FV liability

I guess the result would be an Agenda Decision re IAS 38?
by JRSB
05 Jan 2021, 15:44
Forum: IFRS-related topics
Topic: Decommissioning liability
Replies: 15
Views: 110

Re: Decommissioning liability

:lol:
by JRSB
05 Jan 2021, 15:16
Forum: IFRS-related topics
Topic: Capitalising movement in FV liability
Replies: 16
Views: 79

Re: Capitalising movement in FV liability

This is my #1 campaign - subsequent measurement in this scenario. The actual discussion by IASB never seems to come round!
by JRSB
05 Jan 2021, 15:08
Forum: IFRS-related topics
Topic: Capitalising movement in FV liability
Replies: 16
Views: 79

Re: Capitalising movement in FV liability

Thanks for comments.

I think the first aspect eg the intangible with contingent payments not in a business combination comes under this..

https://www.iasplus.com/en/meeting-note ... nt-pricing
by JRSB
03 Jan 2021, 14:23
Forum: IFRS-related topics
Topic: "Variable" interest bearing financial instruments
Replies: 13
Views: 86

Re: "Variable" interest bearing financial instruments

Can you rely on the 'company accountant' confirming that a variation in interest rates won't be applied? If the loan agreement doesn't say that, perhaps you have to assume it's variable, unless you have experience of these things?
by JRSB
02 Jan 2021, 17:55
Forum: IFRS-related topics
Topic: "Variable" interest bearing financial instruments
Replies: 13
Views: 86

Re: "Variable" interest bearing financial instruments

Is there some other explanation of the extra 2.67M, since the 'interest' is paid up front?
by JRSB
01 Jan 2021, 23:11
Forum: IFRS-related topics
Topic: Capitalising movement in FV liability
Replies: 16
Views: 79

Re: Capitalising movement in FV liability

Perhaps not 'contingent consideration', but a financial liability not meeting SPPI so at fair value? Same thing perhaps.
by JRSB
01 Jan 2021, 19:14
Forum: IFRS-related topics
Topic: VALUATION DURING INVENTORY COUNT (IAS 2)
Replies: 2
Views: 32

Re: VALUATION DURING INVENTORY COUNT (IAS 2)

I don't think there'll be an IFRS answer, so maybe it's what most appropriate in that case. You mention it's a product with an expiry date, so the stuff you found must have expiry dates that you can trace to purchases at the time? What is the inventory?
by JRSB
01 Jan 2021, 18:26
Forum: IFRS-related topics
Topic: Acquisition through debt assignment
Replies: 20
Views: 141

Re: Acquisition through debt assignment

But if just assigned then all the same terms and obligations apply, just a different holder?
by JRSB
01 Jan 2021, 17:19
Forum: IFRS-related topics
Topic: Acquisition through debt assignment
Replies: 20
Views: 141

Re: Acquisition through debt assignment

What has changed for X prior to the issue of new shares?