ECL can be assessed individually or collectively. Simplified approach is at apply life time ECL on trade receivables. But it can also be assessed individually by measuring the probability of default and loss given rate. It may be more appropriate when a company’s customers are specific to them such as in the construction industry.
Under US GAAP, the carrying amount of the assets is compared to the undiscounted future cash flow of the assets generated. If the amount of undiscounted cash flow is highr than carrying amount, no im
When apply discount on lack of marketability (DLOM) and lack of control (DLOC) on enterprise value (EV), it is a multiple of EV x (1-DLOM) x (1-DLOC). But apply the discount on Equity value would lowe
In accordance with SFRS109, investment in equity instruments must be subsequently measured at fair value. In limited circumstances, cost represents the best estimate when recent information not avail