redeemable preference shares ?

This topic has 2 replies, 3 voices, and was last updated 13 years ago by nosiku.

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March 21, 2013 at 8:52 pm #120297
mariammm
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accounting treatment for redeemable preference shares?
March 25, 2013 at 10:08 am #120547
Plen
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redeemable preference shares are treated as Financial liability. have u done the financial assets and financial liabilities chapter?
March 25, 2013 at 1:59 pm #120561
nosiku
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Just to add on, Yes it is a financial liability reason being you still have a fixed rate of paying the shares to the share holders.
You are obliged to pay whether you like it or not unlike dividends.
Read more from the course notes given.
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