the sale of goods ii the rendering of services iii interest iv royalties v

The sale of goods ii the rendering of services iii

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      the sale of goods; (ii)       the rendering of services; (iii)       interest; (iv)       royalties; (v)       dividends; and (c)       the amount of revenue arising from exchanges of goods or services included in each  significant category of revenue. 36     An entity discloses any contingent liabilities and contingent assets in accordance with  IAS   37   Provisions, Contingent Liabilities and Contingent Assets . Contingent liabilities and contingent  assets may arise from items such as warranty costs, claims, penalties or possible losses. Effective date 37     This Standard becomes operative for financial statements covering periods beginning on or after 1  January 1995. 38      Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate  (Amendments to  IFRS   1   First-time Adoption of International Financial Reporting Standards  and  IAS 27   Consolidated and  Separate Financial Statements ), issued in May 2008, amended  paragraph 32 . An entity shall apply  that amendment prospectively for annual periods beginning on or after 1 January 2009. Earlier  application is permitted. If an entity applies the related amendments in  paragraphs 4  and  38A  of  IAS 27  for an earlier period, it shall apply the amendment in  paragraph 32  at the same time. ©  2011 IFRS Foundation 1  effective date 1 January 2009 2  effective date 1 January 2009 3  effective date 1 January 2009 4  effective date 1 January 2009 4A  effective date 1 July 2009 4B  IASC’s  Framework for the Preparation and Presentation of Financial Statements  was adopted by  the IASB in 2001. In September 2010 the IASB replaced the  Framework  with the  Conceptual  Framework for Financial Reporting .
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EY IFRS Q&As IAS 18.8-2  - Excise taxes and goods and services taxes: Recognition of gross versus net presentation IAS 18.8-3  - Recognition of revenues in the gaming industry EY IFRS Q&As IAS 18.9-1  - Accounting for long-term advance payments 5  See also  SIC-31   Revenue—Barter Transactions Involving Advertising Services EY IFRS Q&As IAS 18.10-1 and IAS 2.11-1  - Accounting treatment for sales incentives EY IFRS Q&As IAS 18.20-1 and IAS 18.25-1  - Accounting for free minutes granted at subscription date by a  telecommunications operator to a subscriber IAS 18.20-2  - Accounting for roll over minutes by telecommunications operators IAS 18.20-3  - Accounting for the sale of pre-paid calling cards by telecommunications operators 6  See also  SIC-27   Evaluating the Substance of Transactions Involving the Legal Form of a Lease  and  SIC-31   Revenue—Barter Transactions Involving Advertising Services.
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