Download to read offline
Uploaded byRaphaelIuriGervasio
PPTX, PDF3,640 views
IA2 2 Premium
The document discusses accounting for current liabilities related to premiums, rebates, and loyalty programs offered by companies to customers. It provides examples of accounting entries for premium plans where goods like bowls are offered to customers in exchange for product wrappers/labels. It also discusses how to account for estimated liabilities from cash rebates and discount coupons expected to be redeemed in the future according to past redemption rates. The document concludes with an example of how to account for a customer loyalty program under IFRS 15, where points earned today may be redeemed for future goods/services.
![Taxation lectures[1]](https://cdn.slidesharecdn.com/ss_thumbnails/taxation-lectures1-101011032905-phpapp02-thumbnail.jpg?width=640&height=640&fit=bounds)
