- This topic has 3 replies, 2 voices, and was last updated 12 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
1)Router held 25% of holding later router sold a 15% of holding reducing it’s investment to 10%?
As he has lost its significant influence wd he account it now according to IFRS9 fair value through p/l or fair value through OCI.2)If company has issued interest free loan to its employee.does it qualify for IFRS 9 Financial asset measured at amortized cost?
I imagine that the answers are:-
1) yes at fair value but I think I’m correct in saying through P/L
2) no. What’s the double entry to record the giving of the loan? It has to be Dr Receivable Cr Cash with the full amount of the loan
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.