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preference shares

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › preference shares

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
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  • December 5, 2017 at 4:33 pm #420728
    sharon234
    Member
    • Topics: 4
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    is irredeemable preference shares treated as equity or non current liability?

    is redeemable preference shares treated as equity or non current liability?

    December 5, 2017 at 9:34 pm #420807
    John Moffat
    Keymaster
    • Topics: 57
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    • ☆☆☆☆☆

    On the SOFP, irredeemable preference share are show as part of share capital (along with equity share capital and reserves). Redeemable preference shares are shown as a non-current liability.

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