05-04-2010, 04:30 PM
AG 79 IAS-39, Short-term receivables and payables with no stated interest rate may be measured at the original invoice amount if the effect of discounting is immaterial.
AG 84 Cash flows relating to short-term receivables are not discounted if the effect of discounting is immaterial
Loans to staff for more than one year where interest rate is stated should be discounted.
AG 84 Cash flows relating to short-term receivables are not discounted if the effect of discounting is immaterial
Loans to staff for more than one year where interest rate is stated should be discounted.
