by pieter@pvdz.co.za | Jun 14, 2023 | Presentation and disclosure
The topic of Supply chain financing (‘SCF’) has been on various IFRS Interpretations Committee (‘IFRIC’) and IASB agendas during the past three years. This article outlines some key accounting considerations regarding these arrangements and an amendment emerging from...
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 | 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 | Apr 14, 2019 | Financial instruments
IFRS 9 Financial Instruments (‘IFRS 9’) governs the accounting treatment of financial instruments. This standard however also applies to certain commodity contracts, as discussed in more detail below. The IFRS Interpretations Committee finalised an agenda decision on...
