1. How do you measure at amortised cost an equity subscription receivable which is in the form of an interest-free Note receivable over a defined period
e.g. 100,000 receivable over 36 months at zero interest.
Or maybe is classification at amortised cost even correct, is there an opportunity to account for this at cost.
IFRS 9 fair value of interest-free note receivable
Re: IFRS 9 fair value of interest-free note receivable
Re. measurement: have a look here a tell us how this applies to your case, why this instrument is interest free?
https://ifrscommunity.com/knowledge-bas ... rate-loans
re. classification: have a look here:
https://ifrscommunity.com/knowledge-bas ... abilities/
how would you classify it based on these criteria and why?
https://ifrscommunity.com/knowledge-bas ... rate-loans
re. classification: have a look here:
https://ifrscommunity.com/knowledge-bas ... abilities/
how would you classify it based on these criteria and why?