IAS 39

This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
March 5, 2016 at 1:59 pm #303602
abdulbasit16
Member
- Topics: 165
- Replies: 154
The recording of an electricity expense for which the invoice has not yet been received.

How is this a financial instrument?
March 5, 2016 at 4:45 pm #303640
MikeLittle
Keymaster
- Topics: 27
- Replies: 23375
Technically it is, the same as an amount outstanding from a receivable is a financial instrument

But don’t get hung up on those – there are bigger, meatier financial instruments to get excited about
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.