IFRIC Agenda Decision: Supply Chain Financing Arrangements - Reverse Factoring

Originally published at: Supply Chain Financing Arrangements - Reverse Factoring | TheAccSense

IFRS Interpretation Committee (“IFRIC”) had issued an agenda decision to summarise IFRIC consideration and decision relating to the disclosures and presentation of liabilities to pay for goods and services received under a reverse factoring arrangement. The agenda decision discusses and considers the presentation and disclosure requirements under the IAS 1 Presentation of Financial Statements, IAS…