Financial statements distinguish between current and non-current assets and liabilities. Assets are classified on, amongst...
Classification of liabilities: Loan covenants
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Presentation and disclosure
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...
IFRS 10: A simple matter of control?
IFRS 10 Consolidated Financial Statements (‘IFRS 10’) governs the presentation of consolidated financial statements that...
Presenting uncertain tax positions in financial statements
Entities that prepare financial statements in accordance with IFRS will be required to consider the application of IFRIC 23...