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sir could you please tell me in ifrs 7 disclosure of financial instruments when presenting share capital in financial statemensts do we need to deduct directly related transaction cost (net of tax benefit) and how do we present the whole transaction in financial statements??
Hi, I tried replying to this two days ago but apparently my post didn’t get through 🙁
I’ve read through the IFRS 7 summaries of both Deloittes and PwC and neither of them mentions the disclosure details / requirements with reference to directly related transaction costs of financial instruments
On reflection, these costs are not often likely to be material are they?
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