Financial statements distinguish between current and non-current assets and liabilities. Assets are classified on, amongst...
Classification of liabilities: Loan covenants
read more
Liabilities
Debt or equity: The role of shareholder decisions
It is often a complex decision to classify an instrument issued by an entity as debt or equity. IAS 32 Financial Instruments -...
Are your long-term liabilities still non-current?
IAS 1 Presentation of Financial Statements deals with, amongst others, the classification of assets and liabilities as current...
Accounting for power purchase agreements in terms of IFRS
There is a global drive towards renewable energy. In this context, entities have increasingly entered into renewable power...
Accounting for employee share plans
Companies use employee share plans (or employee stock ownership plans as they are also called in some jurisdictions) to...
Deferred tax treatment of assets with multiple future tax consequences
Deferred tax reflects the future tax consequences that will arise when the economic benefits associated with assets are realised...