Chartered Accountant | Indian Taxation | IND-AS | IFRS | US GAAP | FS & Financial Reporting | GST & compliances | Virtual CFO |
Lets brush up on what forms a full set of financial statements-a barometer to compare company’s performance as well as classification of assets and liabilities as current or non-current. Stay tuned for more such updates!💳
CEO Private Wealth Advisor, Legacy Financial Partners, a private wealth advisory practice of Ameriprise Financial Services, LLC | Ranked #1 in ND: Barron’s Top 1,200 Financial Advisors, 2019
Start 2024 on a strong note by reviewing this beginning-of-the-year financial checklist and connect with us to build your confidence about the year ahead. #planwithlfp https://lnkd.in/gKuUnqxH
Fractional CFO and Private Investor. Helping Business Owners Profit and Increase Cash Flow!
Basic financial statements can reveal so much, and lead to other questions, like: What improvements can be made for asset velocity and cash flow? How can we maximize effective leverage? https://buff.ly/3LaTmVd
Amendments to address financial asset classification issues are now final, delivering much-needed clarity for preparers. Read our article to find out more https://lnkd.in/e6JC9Dxk
It's true - analysing financial statements by hand is not for the faint of heart. Ahead of the release of our new financial statement product release, we detail how exactly to automate extraction from balance sheets. https://lnkd.in/ecNbEErJ
Amendments to address financial asset classification issues are now final, delivering much-needed clarity for preparers. Read our article to find out more https://lnkd.in/e6JC9Dxk
Over the past few years, questions have arisen regarding how to classify some financial assets with ESG-linked features – e.g. a loan with a reduction in its interest rate if a specified ESG target is met by the borrower – under existing requirements. As the global market for these financial assets is growing rapidly, there has been an urgent need for clarification on how such features should be analyed. The International Accounting Standards Board (IASB) has amended IFRS 9 Financial Instruments following its post-implementation review of the classification and measurement requirements. The amendments include guidance on the classification of financial assets, including those with contingent features, and will help companies to assess whether these meet the SPPI (solely payments of principal and interest) criterion. The IASB has also amended IFRS 7 Financial Instruments: Disclosures. Companies will now be required to provide additional disclosures on financial assets and financial liabilities that have certain contingent features.
Amendments to address financial asset classification issues are now final, delivering much-needed clarity for preparers. Read our article to find out more https://lnkd.in/e6JC9Dxk
New amendments to IFRS 9 will help assessing SPPI for financial assets with ESG features.
Amendments to address financial asset classification issues are now final, delivering much-needed clarity for preparers. Read our article to find out more https://lnkd.in/e6JC9Dxk
Over the past few years, questions have arisen regarding how to classify some financial assets with ESG-linked features – e.g. a loan with a reduction in its interest rate if a specified ESG target is met by the borrower – under existing requirements. As the global market for these financial assets is growing rapidly, there has been an urgent need for clarification on how such features should be analysed and the IASB has amended IFRS 9 and IFRS 7. Read our article to find out more.
Amendments to address financial asset classification issues are now final, delivering much-needed clarity for preparers. Read our article to find out more https://lnkd.in/e6JC9Dxk
Start 2024 on a strong note by reviewing this beginning-of-the-year financial checklist.
