Non-current assets list IFRS

Non-current assets list

In this post, we will show a series of non-current assets. Paragraph 66 of IAS 1 sets out requirements to identify a current asset. All those assets that do not

Read More »
Non-current assets list IFRS

Non-current assets list

In this post, we will show a series of non-current assets. Paragraph 66 of IAS 1 sets out requirements to identify a current asset. All those assets that do not

Read More »
Revaluation model IAS 16

what is the revaluation model in PPE and ias 16

The revaluation model :  is a procedure used for the subsequent measurement of a property plant and equipment, or intangible assets. https://www.youtube.com/watch?v=W1v4hjrLQ68&feature=youtu.be Summary revaluation model IAS 16 incorporates two subsequent measurement

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beneficios post empleo (2021)

Post-employment benefits

Post-employment benefits are all those payments that an entity makes to a worker, after the employment relationship with the company has ended and that are not termination benefits.   Within

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Short-term employee benefits

Short-term employee benefits are all those payments that an entity makes as consideration for the services provided by a worker, which are not share-based payments and whose generated liability should

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Non-current assets list

In this post, we will show a series of non-current assets. Paragraph 66 of IAS 1 sets out requirements to identify a current asset. All those assets that do not have these characteristics will be classified as non-current. Let’s remember

Current assets list IFRS

Below you will find a list of current assets according to IFRS. Remember that paragraph 66 of IAS 1 set out that an entity will classify an asset as current when: It expects to realize the asset in its normal

Associate in ifrs

An associate in ifrs is an entity over which another company exercises significant influence. Significant influence is the power to participate in an associate entity’s financial and operating policy decisions without having control or joint control. An entity may exercise

Exchange assets accounting recognition

Exchange assets : are the exchange of one or more non-monetary assets or a combination of monetary and non-monetary assets. In this article, we will refer to non-monetary assets. The following diagram shows how should be recognized these assets. It

Acquiree definition in ifrs

An acquiree is one or more businesses controlled by an acquirer in a business combination. For example, company A acquires 90% of the interest of entity B. In this case, entity A is known as the acquired company, and entity

Deemed cost in IFRS

The deemed cost, is a substitute cost used in recognition of property plant and equipment, or intangible assets, in the adoption of international financial reporting standards for the first time. https://youtu.be/43Ll8LpJDlw That is, when an entity has its accounting under