by pieter@pvdz.co.za | Apr 2, 2022 | Assets, Financial instruments, Liabilities
There is a global drive towards renewable energy. In this context, entities have increasingly entered into renewable power purchase agreements (‘PPAs’). These agreements enable funding of the development of medium to long-term investments in renewable energy. They...
by pieter@pvdz.co.za | Jan 25, 2022 | Assets, Expenses, Tax
The accounting treatment of VAT was considered by the IFRS Interpretations Committee (the IFRIC) during some of its meetings in 2021. More specifically, the committee considered a request that related to the treatment of non-recoverable VAT paid by lessees. Lessees...
