AC2101 S9 INTEREST FREE LOANS (Amended)

If the loan is granted without any conditions

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Unformatted text preview: of Loan Repayable employee amortisation, see loan contract details)* * The deferred staff cost should be charged to the profit and loss account for the periods that benefit from the CEO’s service. If the loan is granted without any conditions attached, the deferred staff cost should be charged to the P&L in the year of the loan. If the loan is...
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