IFRS 9 fair value of interest-free note receivable

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Storay
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Joined: 03 May 2019, 11:13

IFRS 9 fair value of interest-free note receivable

Post by Storay »

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.
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Marek Muc
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Re: IFRS 9 fair value of interest-free note receivable

Post by Marek Muc »

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?
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