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About Discussion Problems: FAR.2828-Notes Payable MAY 2020
1. This document provides examples of notes payable problems and discusses accounting for financial liabilities under PFRS 9. It includes sample problems related to measuring notes payable at fair value, accounting for notes issued in exchange for goods or services, and derecognizing or modifying financial liabilities. 2. Key aspects of financial liability measurement under PFRS 9 are summarized, including initial and subsequent measurement of liabilities at fair value through profit or loss, amortized cost, and fair value through other comprehensive income. Considerations for determining the fair value of notes payable are also outlined. 3. The document discusses when a modification of financial liability terms results in derecognition of the original liability and gain/
Detailed Information
| Author: | ['stephen ponciano'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 3 |
| Language: | English |
| Format: | |
| Price: | FREE |
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