Part E
Timing and quantifying rules
Financial arrangements rules
EW 15CPreparing and reporting methods
A person who uses IFRSs to prepare financial statements and to report for financial arrangements must use 1 of the following methods for the financial arrangement:
- the IFRS financial reporting method in section EW 15D:
- a determination alternative in section EW 15E:
- the expected value method in section EW 15F:
- the modified fair value method in section EW 15G.
Subsection (1) does not apply in the circumstances set out in sections EW 15H and EW 15I.
Compare
- 2004 No 35 s EW 15B(6)
Notes
- Section EW 15C: inserted, on , by section 366 of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).