Useful financial information and Utilisation fee: Difference between pages

Latest revision as of 16:59, 1 October 2017

A borrowing fee payable in relation to the amount of a facility which has been drawn down.

The amount of the utilisation fee is usually calculated based on the average utilisation of the facility exceeding a specified amount or percentage.

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-''Financial reporting.''
+A borrowing fee payable in relation to the amount of a facility which has been drawn down.
-Under the IFRS Conceptual Framework it is fundamental that financial information:
+The amount of the utilisation fee is usually calculated based on the average utilisation of the facility exceeding a specified amount or percentage.
-*Is '''relevant'''; and
-*'''Faithfully represents''' the substance of what it is supposed to be representing.
-When both relevance and faithful representation are achieved, then the following will further enhance the usefulness of the financial information:
-*Comparability
-*Verifiability
-*Timeliness
-*Understandability
 == See also ==
-* [[Conceptual framework]]
+* [[Commitment fee]]
-* [[Entity]]
+* [[Facility fee]]
-* [[Faithful representation]]
+* [[Non-utilisation fee]]
-* [[Financial reporting]]
+* [[Share of wallet]]
-* [[International Financial Reporting Standards]] (IFRS)
-* [[Relevance]]
-[[Category:Accounting,_tax_and_regulation]]
+[[Category:Long_term_funding]]
-[[Category:The_business_context]]