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Unwinding of Discount

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Unwinding of Discount

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by AvatarKim Smith.
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  • June 21, 2018 at 2:28 pm #459613
    Avataraaishas
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Why do we recognize the increase in liability every year because of the the unwinding of discount in Finance costs?
    What are Finance costs?

    June 22, 2018 at 12:50 pm #459711
    AvatarKim Smith
    Keymaster
    • Topics: 138
    • Replies: 8465
    • ☆☆☆☆☆

    This is explained with a numerical example under a topic of the same name in the P2 forum https://opentuition.com/topic/unwinding-of-discount/

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