by pieter@pvdz.co.za | Aug 6, 2019 | Assets
Over the past year or so, the IFRS Interpretations Committee (IFRIC) have discussed how cryptocurrencies should be accounted for. The IFRIC considered two aspects in this regard, namely holding of cryptocurrencies and initial coin offerings (ICO). This article briefly...
by pieter@pvdz.co.za | Feb 1, 2019 | Assets, Expenses
During March 2018 the Department of Trade and Industry issued a financial reporting pronouncement (FRP2) on the accounting treatment of black economic empowerment (BEE) transactions under IFRS. This article discusses some of the guidance provided in FRP2. It also...