Financial liability and MYR: Difference between pages

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imported>Doug Williamson
m (Link with Derivative page and categorise the page.)
 
imported>Doug Williamson
(Mend link to ISO currency codes page.)
 
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IAS 32 defines a financial liability as liability that is any of the following:
ISO currency code for the Malaysian Ringgit.




'''1.''' A contractual obligation either to:
==See also==
*Deliver cash or another financial asset to another entity; or
* [[ISO currency codes]]
*Exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the reporting entity.
 
 
'''2.''' A contract that will or may be settled in the reporting entity's own equity instruments, and is either:
*A non-derivative for which the entity is or may be obliged to deliver a variable number of the reporting entity's own equity instruments; or
*A derivative that will or may be settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the reporting entity's own equity instruments.
 
 
== See also ==
* [[Amortised cost]]
* [[Financial asset]]
* [[Financial instrument]]
* [[Derivative]]
* [[IAS 32]]
* [[Liabilities]]
 
[[Category:Accounting_and_Reporting]]

Revision as of 11:17, 13 March 2017

ISO currency code for the Malaysian Ringgit.


See also