What is the treatment and disclosure for interest free loan?

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What is the accounting treatment of interest free loan from directors under acco...
Posted by:
Hassan Abbas awan
05-September-2013

Accounting

Question added by NORHIDAYAH MIHAT
Date Posted: 2016/12/20

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by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

THE accounting treatment differs depond on the relationship with the group company It is complicated under FRS 102, basic debt instruments, including basic loans; be measured at amoristedifferent cost using the effective intrest method

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