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To identify an embedded lease, the first step is to determine if an asset is identified within the contract. An asset is deemed to be identified in a contract if the contract specifically describes or defines the physical asset to be used in performing the service, whether explicitly or implic...
IFRS Answer: Contract asset vs. trade receivable The answer is – NO, it is not the same thing. I will try to explain the definitions of both terms and try to explain in a simple human language with common sense what the difference is. Then I will illustrate it in the example. What ...
This is a collective, central SAP Note for SAP Business One 10.0. 2.1 Web Client General Feature Microsoft Teams Integration Description You can now present list views and detailed views of the following apps in the Web client through the Teams tabs if your organization has set up the SAP ...
An Integrated Workplace Management System (IWMS) is a single software platform for real estate and facility management that combines integrated functionality for the management of real estate, space planning, asset & maintenance, integrated services, and
What is the Difference Between Simple & Compound Interest? Why Is It Important to Invest in Stocks? What Makes a Stock Price Go Up? How to Pick a Stock for the First Time Can You Owe Money on Stocks? Options vs. Stocks: What's the Difference? Taxes on Investments: Understanding the Ba...
The use of new internal models and modifications is obligatory if those are approved before 31 December 2019. Similar to the previous exercises, the EU-wide stress test shall be conducted on the assumption of a static balance sheet – for both the baseline and the adverse scenarios. IFRS9 ...
or IFRS 9 “Financial instruments” (International Accounting Standards Board2014), is required to measure financial liabilities at fair value and to recognize and separately disclose in the financial statements debt valuation adjustments (DVAs). DVAs represent changes in the fair value of the financi...
IFRS 9 introduces a new concept called‘Rebalancing’that did not form part of IAS 39. The purpose of this technical update is to delve a little deeper into what rebalancing means, with some practical examples included. Let’s start with a re-cap of some key terms to be used in this ar...
The following disclosures are required for a lessor in the lease agreement: 1. The nature of lease: Whether the lease is a capital lease or an...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer you...