By using our website, you agree to the use of our cookies.

IAS 18 Revenue

The world today is packed with different kinds of products, services, transactions and many other activities that people and business do. Logically, it is sometimes very tough issue for accountants to determine WHEN and even WHETHER to recognize revenue in the financial statements. That’s exactly…

IAS 17 Leases

IAS 17 Leases deals with the accounting and financial reporting of the very common business transaction—lease. Leases are the great example of “off-balance sheet” financing if not recorded properly in the financial statements. In the past, many companies used to hide their finance lease liabilities and…

IFRS® is the IFRS Foundation’s registered Trade Mark and is used by Simlogic s.r.o under licence during the term and subject to the conditions contained therein.