72 paragraphs found in INT 5
Otherwise, the IFRIC concluded that the contributor has an asset for its right to receive amounts from the fund. …
IFRS 9 Financial Instruments replaced IAS 39. IFRS 9 applies to all items that were previously within the scope of IAS 39. …
The IFRIC noted that under existing IFRSs, there are two forms of rights to reimbursement that would be accounted for differently: (a) A contractual right to receive reimbursement in the form of cash. This meets the definition of a financial asset and is …
IFRS 9 Financial Instruments eliminated the categories of available-for-sale and held-to-maturity financial assets. …
The IFRIC concluded that both these forms of reimbursement have economically identical effects. Therefore accounting for both forms in the same way would provide relevant and reliable information to a user of the financial statements. However, the IFRIC …
This amendment was approved by the Board and is set out in the Appendix of IFRIC 5. [12] As a result, all such rights to reimbursement are within the scope of IAS …
The amendment has been incorporated into the text of IAS 39 as published in this volume. …
The IFRIC noted that paragraph 53 of IAS 37 specifies the accounting for rights to receive reimbursement. It requires this right to reimbursement to be separately recognised when it is virtually certain that reimbursement will be received if the …
The IFRIC discussed whether the reimbursement right should be measured at: (a) the contributor’s share of the fair value of the net assets of the fund attributable to contributors, taking into account any inability to access any surplus of the assets of …