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Peter is a renowned trainer and also writes weekly accounting articles for the Lucubrate Magazine targeting 18-24s and TVET. To date, he has written 30 articles and now writes about IAS/IFRS…
Online Accounting Classes for You.
Are you struggling to learn or need to acquire an understanding of accounting? Being online and global you can register from anywhere in the world - online accounting classes. …
Two Different Financing Products in the Portfolio
For each patent portfolio, a risk-premiums is calculated in order to have a complete risk model of the IAB investment portfolio. The IAB will have 2 different financing products in…
Risk Assessment for Transaction and the Portfolio Risk
In principle, the IAB is a very close-to-market project because the used methodologies of each of the partners in the project are approved under real industrial conditions. The result of…
Big Data that are Sellable to Different Users of Intangible Asset Information
The change of the industry in knowledge-based capital (KBC) has been rising significantly in the past decades. Empirical research has shown that investments in knowledge-based capital, i.e. intangible assets, have…
Intellect Asset Bank
As we proved in the last articles on intellectual capital accounting for IC follows the same conceptual framework and double-entry bookkeeping as required for financial reporting under IFRS. We will…
Hegde as Instrument and Item
Note that terms, e.g., derivatives, are defined in IFRS 9, or IAS 39 and are used in IAS 32 with the meaning specified in IAS 39 and IFRS 9 (IAS 39 will transition…
What is a financial asset and financial liability?
What is a financial asset? CashEquity instruments of another entity (e.g. shares),Contractual right Photo: rawpixel.com We move the financial assets To receive cash or another financial asset of another entity…
Derivates and Hedging Capacity
When we create a derivative position we’re selecting a directional movement. In the case of Barings, it was a totally speculative, and naked position in which you either gained significantly…
What is Critical about Financial Instruments?
Where are we? In a similar way that we have a package of financial standards pertaining to consolidations (so far we have addressed IAS 27 and IAS 28) we also…