Reverse factoring is an increasingly popular option for pre-financing a company's suppliers. In contrast to conventional factoring, the initiative comes from the customer and not from the supplier. In this novus IFRS, we inform you about how the IDW, with the draft amendment IAS 1-M1 (Reverse Factoring) to IDW RS HFA 50, has clarified the questions of whether the previous obligation from deliveries and services is to be derecognized or whether it is to be In addition, we will provide you with information on the latest developments in the field of financial reporting. In addition, we present the latest IASB publications "Subsidiaries not publicly accountable: Disclosures in the notes" and "First-time adoption of IFRS 17 and IFRS 9 - Comparative information".
IASB und IFRS IC
- IASB publishes Exposure Draft ED/2021/7 “Subsidiaries without public accountability: Disclosures”
- IASB publishes Exposure Draft ED/2021/8 “Initial Application of IFRS 17 and IFRS 9 -Comparative Information”