Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does split accounting mean?

SEARCHING
split accounting
Noun
IFRS

The bifurcation and separate measurement of the fair value consideration and presentation of the liability and equity components of a compound financial instrument upon it initial recognition.

Synonym(s): 
  • chameleon approach.
Comment: 
The instrument would be classified wholly within liabilities or equity under US GAAP.
top
© 2015-2020 Pecunica LLC.  All rights reserved.