Recognition and Reverse factoring: Difference between pages

Revision as of 12:57, 10 February 2017

Supply chain finance.

A buyer-led programme in which the suppliers can receive early discounted value for amounts receivable from the buyer.

Reverse factoring is also known as 'payables finance'.

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-''Financial reporting''.
+''Supply chain finance''.
-Recognition is the identification and inclusion of an item in one or more of a (i) balance sheet, (ii) income statement, (iii) statement of changes in equity or (iv) cash-flow statement.
+A buyer-led programme in which the suppliers can receive early discounted value for amounts receivable from the buyer.
-Certain items which are not recognised and incorporated into any of these four statements may still be disclosed in the accompanying notes to the financial statements.
+Reverse factoring is also known as 'payables finance'.
-== See also ==
-*[[Balance sheet]]
+==See also==
-*[[Derecognition]]
+*[[Factoring]]
-*[[IAS 39]]
+*[[Payables finance]]
-*[[IFRS 15]]
+*[[Supply chain finance]]
-*[[Income statement]]
-*[[Notes]]
-*[[Statement of cash flows]]
-*[[Statement of changes in equity]]