by pieter@pvdz.co.za | Sep 29, 2023 | Financial instruments, Liabilities, Presentation and disclosure
Intuitively, accountants tend to treat shares issued by a company as equity based on their legal form. The classification of the shares by the issuer in terms of IFRS, however, requires a more detailed analysis of their terms. Shares that, in substance, have the...
by pieter@pvdz.co.za | Sep 2, 2022 | Financial instruments, Liabilities, Presentation and disclosure
It is often a complex decision to classify an instrument issued by an entity as debt or equity. IAS 32 Financial Instruments – Presentation (‘IAS 32’) governs this classification. The standard provides broad principles as well as detailed guidelines to assist...
