Explain the Accounting for award credits with example? IAS 18 IFRIC 13

Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Next Question:
Explain accounts receivable process?
Posted by:
Mohammed Aijaz Ahmed
25-May-2017

Accounting IFRS

Question ajoutée par Ahmad Al Zoubi CMA CertIFR , Accounting Manager , Abdul Latif Jameel
Date de publication: 2013/11/13

Apprécier (0) Vues (7) Suiveurs (0) Réponses (1) Report Question

Ajoutez Une Réponse
Inscrivez-vous ou connectez-vous pour répondre.

1 Réponses

par Khalid Noor , Accounting Manager , FedEx

A short answer is not available here, however you can follow the guidance given on the topic of Loyalty Program covered in IFRIC13, which can be understand very well from the explanations published by two well known Accountancy Firms, PWC and BDO. Please follow the below links:

1. PwC

2. BDO

Déprécier Réponses () Rapport

Recherches Populaires

Offres d'Emploi Technicien Offres d'Emploi Ingénieur Offres d'Emploi Vendeur Offres d'Emploi Comptable Offres d'Emploi Informaticien

Ecrivez Votre Réponse

More Questions Like This

On 1st January 2016, Mr. S sold goods to Mr. B for AED 100,000 and agreed to receive payments on installment of AED 10,000 per year. Market rate of interest is 10%. As per IAS 18, What is the accounting treatment of the above transaction for year 2016 and 2017?
Top Answer: Thanks again for the invitation Where payment is deferred , the substance of the arrangement is that ther ... Voir Plus

Réponses (1)
When revenue is recognized as per IAS 18?
Top Answer: Hello, Please clarify for which type of revenue are you referring to ? Revenue from rendering of servic ... Voir Plus

Réponses (1)
What is the criteria of recognizing revenue according to IAS 18 standard?
Top Answer: Revenue from the sale of goods shall be recognised when all the following conditions have been satisfied: ... Voir Plus

Réponses (1)
How is the product and service component is recognized under IAS 18 (Revenue Recognition)?
Top Answer: Cash can be received in an earlier or later period than obligations are met (when goods or services are d ... Voir Plus

Réponses (1)

Avez-vous besoin d'aide pour créer un CV ayant les mots-clés recherchés par les employeurs?

Obtenir de l'aide