Ifrs Q&a By Silvia Of Ifrsbox
006: How to account for contracts to buy commodities with future delivery (own use)?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:07:56
- More information
Informações:
Synopsis
When you purchase a commodity with future delivery for fixed price, should you account for it as for derivative under IFRS 9? Or as a purchase of inventories ("own-use" contract)? Find out here with example included. The post 006: How to account for contracts to buy commodities with future delivery (own use)? appeared first on IFRSbox - Making IFRS Easy.