Ifrs Q&a By Silvia Of Ifrsbox

006: How to account for contracts to buy commodities with future delivery (own use)?

Informações:

Sinopse

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.