- This topic has 1 reply, 2 voices, and was last updated 11 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
As the co. Will not be collecting any interest but only capital repayments,does it still qualify for recognitionbat amortised cost?
ThanksHmm, tricky! If we discount to get the present value of the interest free loan to the employee, then the unrolling of the discount would be classed as a finance cost due to the passage of time.
I imagine (not 100% sure) that, yes, it would be held at present value and unrolled
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.