Actuarial gains and losses

Actuarial gains and losses under IAS 19

A defined benefit plan’s actuarial gains or losses will be recognized in other comprehensive income under IAS 19. IAS 19 contemplates four types of employee benefits: Short-term benefits. Long-term benefits.

Read More »
Actuarial gains and losses

Actuarial gains and losses under IAS 19

A defined benefit plan’s actuarial gains or losses will be recognized in other comprehensive income under IAS 19. IAS 19 contemplates four types of employee benefits: Short-term benefits. Long-term benefits.

Read More »
The relevance of depreciable amount in IFRS

What is the depreciable amount in IFRS

The depreciable amount of an asset is the basis for calculating the expense for depreciation or amortization of property, plant, equipment, or some intangibles. This value is determined by deducting

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

Read More »
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

Read More »
Short-term employee benefits

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

Read More »
POST

Actuarial gains and losses under IAS 19

A defined benefit plan’s actuarial gains or losses will be recognized in other comprehensive income under IAS 19. IAS 19 contemplates four types of employee benefits: Short-term benefits. Long-term benefits. Post-employment benefits. Termination benefits. Actuarial calculations are used in post-employment

Cash and cash equivalent and restricted cash on balance sheet

Cash and cash equivalents are held to meet short-term payment commitments rather than for investment or similar purposes. Two requirements are necessary for an asset to meet the definition of a cash equivalent. On the one hand, it must be

carrying amount of an asset

The carrying amount is different from fair value and value in use. On the one hand, fair value is the price that an entity would receive to sell an asset or pay a company to transfer a liability in an

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