DIVIDEND RECOGNISATION:

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خالد ابراهيم
03-November-2013

A Ltd invested in equity shares of the B Ltd. B Ltd declared dividend on30.11.14. Right to receive dividend is established before the31.12.14 but dividend is received from B Ltd on25.01.15. A ltd seeks your advise as per the IAS18 about when to recognise the dividend in their books . As A Ltd financial year 2014 books closing on 31.12.14.

A.When the right to receive the dividend is established

B. When Investee Company declared the dividend.

C. on cash basis i.e. when received

D.None

E. A ltd can recognise as per their choice.

Auditing Cost Accounting Financial Accounting Bank Accounting managerial accounting

Question ajoutée par Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store
Date de publication: 2015/01/24

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par Sahar Alech , Auditor / Financial Manager , Accounting Services Office

Answer is ....A.....

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par Sharif Muhammad , Senior Principal Officer , Ansar-VDP Unnayan Bank

(c) Dividends shall be recognised when the shareholder’s right to receive payment is established. That's why in this case A ltd shall not be booked this dividend on closing date31.12.2014, This shall be booked on received date on25.01.2015

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