IAS 36 and Public money: Difference between pages

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International Accounting Standard 36, dealing with impairment of assets.
1. ''Economics - money supply - central banks.''


Issued by the International Accounting Standards Board.
The part of the money supply that is central bank liabilities.


It includes physical money (banknotes and coins), demand deposits at the central bank and any domestic central bank digital currency.


IAS 36 seeks to ensure that an entity's assets are not carried at more than their recoverable amount (i.e. the higher of fair value less costs of disposal and value in use).


With the exception of goodwill and certain intangible assets for which an annual impairment test is required, entities are required to conduct impairment tests where there is an indication of impairment of an asset, and the test may be conducted for a 'cash-generating unit' where an asset does not generate cash inflows that are largely independent of those from other assets.  
2.  ''Funding - public sector.''
 
Funding for projects or activities sourced from the public sector.
 
Contrasted with ''private money.''




== See also ==
== See also ==
* [[Cash-generating unit]]
* [[Broad money]]
* [[Fair value]]
* [[Central bank]]
* [[FRS 11]]
* [[Central bank digital currency]] (CBDC)
* [[Goodwill]]
* [[Coin]]
* [[IFRS 9]]
* [[Digital public money]]
* [[Impairment]]
* [[Funding]]
* [[Intangible assets]]
* [[M0]]
* [[International Financial Reporting Standards]]
* [[M1]]
* [[Value in use]]
* [[Money]]
* [[Money supply]]
* [[Private money]]
* [[Public ]]
* [[Public private partnership]]
* [[Public sector]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Corporate_finance]]
[[Category:Compliance_and_audit]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Trade_finance]]

Revision as of 08:55, 19 September 2022

1. Economics - money supply - central banks.

The part of the money supply that is central bank liabilities.

It includes physical money (banknotes and coins), demand deposits at the central bank and any domestic central bank digital currency.


2. Funding - public sector.

Funding for projects or activities sourced from the public sector.

Contrasted with private money.


See also

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