- This topic has 3 replies, 3 voices, and was last updated 3 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Hi,
I think that you are referring to a question where initially the issue costs have been incorrectly expensed through profit or loss when they should have been deducted from the loan note issued.
To correct the error we remove the expense from profit or loss/retained earnings by adding it back and then deducting it correctly from the value of the loan notes.
Thanks
Please I want a clarification on this : policies are to make a full provision for unrealised inter-company profits, and to treat
goodwill in accordance with IFRS
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.