Accounting [IFRS and IAS] Terms and Definitions: [S to W]
share-based payment transaction – A transaction in which the entity receives goods or services as consideration for equity instruments of the entity (including shares or …
Posts tagged IAS
Accounting Terms and Definitions by IFRS and IAS: [P to S]
primary financial instruments – Financial instruments such as receivables, payables and equity securities, that are not derivative financial instruments. [IAS 32.AG15] prior period errors – …
IFRS and IAS Accounting Terms and Definitions: [M to P]
matching of costs with revenues – A process in which expenses are recognized in the income statement [statement of comprehensive income] on the basis of …
Accounting Terms and Definitions by IAS and IFRS: [I to M]
incremental borrowing rate of interest (lessee’s) – The rate of interest the lessee would have to pay on a similar lease or, if that is …
Accounting Terms and Definitions by IFRS and IAS : [F to I]
financial guarantee contract – A contract that requires the issuer to make specified payments to reimburse the holder for a loss it incurs because a …
Accounting Terms and Definitions by IFRS and IAS: [D to F]
derivative – A financial instrument or other contract within the scope of IAS 39 (see paragraphs 2–7) with all three of the following characteristics: (a) …
Accounting [IFRS and IAS] Terms and Definitions [A to C]
accounting policies – The specific principles, bases, conventions, rules and practices applied by an entity in preparing and presenting financial statements [IAS 8, 5] accounting …
Interim Financial Reporting [IAS 34]
Interim financial report is a financial report that contains either a complete or condensed set of financial statements for an interim period. And interim period …