Hi, I am interested in buying an IFRS kit. Before purchasing the course, may I know if the course is up to date with the recent changes, such as IFRS 18
Interest cost refers to the total cost incurred for borrowing funds (not just a loan). Interest expense, on the other hand, is the recognized expense on a company's income statement that reflects the interest cost on loan borrowings, usually calculated on a periodic basis. Interest cost is a broader term.
Should exchange difference be divided into three categories too? e.g. Ex. Diff. on trade receivables is operating, that on cash is investing and that on loan is financing.
@CPDbox Then such classification of exchange difference should be in line with the cashflow statement preparation too. i.e. Exchange difference on investing and financing activities and on cash equivalent should be added back in operating cashflow under indirect method.
Thank you Silvia. Amazing work!
Good presentation.
Does IFRS 18 apply to NGOs
Hi, I am interested in buying an IFRS kit. Before purchasing the course, may I know if the course is up to date with the recent changes, such as IFRS 18
Hello, yes, of course. The course includes videos on IFRS 18, although more of them are coming soon.
Mam i have a confusion that what is the difference between interest cost and interest expense
Interest cost refers to the total cost incurred for borrowing funds (not just a loan). Interest expense, on the other hand, is the recognized expense on a company's income statement that reflects the interest cost on loan borrowings, usually calculated on a periodic basis. Interest cost is a broader term.
How to contact you regarding your course.
Hello, thank you, we have a contact form here: www.cpdbox.com/contact/
Is it viable for SBR paper for 2024?
Should exchange difference be divided into three categories too? e.g. Ex. Diff. on trade receivables is operating, that on cash is investing and that on loan is financing.
Yes.
@CPDbox Then such classification of exchange difference should be in line with the cashflow statement preparation too. i.e. Exchange difference on investing and financing activities and on cash equivalent should be added back in operating cashflow under indirect method.
Hi, Silvia
Thanks for excellent presentation. How did i get ur mail address.