Accounting For A Loan Commitment

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Technical Accounting Alert - Grant Thornton Australia

3 Detailed guidance Accounting for loan commitments outside the scope of IAS 39 Lender For the lender IFRS includes some specific requirements as follows

Link: https://www.grantthornton.com.au/globalassets/1.-member-firms/australian-website/technical-publications/local-technical--financial-alerts/gtal_2010_ta-alert-2010-32-loan-commitments.pdf

Actived: Saturday May 18, 2019 (2 days ago)

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ACCOUNTING FOR UNDERWRITING AND LOAN COMMITMENTS Objective

Consistent with the accounting for a funded loan under FAS 65 and SOP 01-06 companies may account for a loan commitment that meets both of the criteria

Link: https://www.aicpa.org/interestareas/centerforauditquality/resources/caqauditlibrary/downloadabledocuments/accounting%20for%20underwriting%20and%20loan%20commitments.pdf

Actived: Wednesday May 8, 2019 (12 days ago)

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IFRS hot topic 2008-02 loan commitments

February 2008 IFRS hot topic 2008-02 loan commitments Issue Accounting for loan commitments that are outside the scope of IAS 39. Specifically

Link: http://www.gtturkey.com/UD_OBJS/PDF/IFRS/IFRS%20hot%20topic%202008-02%20loan%20commitments.pdf

Actived: Thursday May 16, 2019 (3 days ago)

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Loan Commitment Definition - Investopedia

A loan commitment is an agreement by a commercial bank or other financial institution to lend a business or individual a specified sum of money.

Link: https://www.investopedia.com/terms/l/loan-commitment.asp

Actived: Sunday Apr 21, 2019 (28 days ago)

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Commitment Fee - Investopedia

A commitment fee is a banking term used to describe a fee charged by a lender to a borrower to compensate the lender for its commitment to lend. Commitment fees typically are associated with

Link: https://www.investopedia.com/terms/c/commitmentfee.asp

Actived: Sunday Jan 7, 2018 (1 year ago)

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Commitment fee AccountingTools

A commitment fee is the amount charged by a lender to keep a specific loan amount available to a borrower. This fee may also be charged for the unused portion of a line of credit.

Link: https://www.accountingtools.com/articles/2017/11/16/commitment-fee

Actived: Saturday May 18, 2019 (2 days ago)

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Accounting for Loan Commitments 450-20-25 Q A 08 DART

You are here DART pending content manager is OFF Accounting for Loan Commitments 450-20-25 Q A 08

Link: https://dart.deloitte.com/USDART/obj/3ad3acd9-3de3-11e6-8541-1d902a24edad

Actived: Friday May 17, 2019 (3 days ago)

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Commitment fees AND Processing fees on Loans Ind-As

1- Loan commitment fees related to such loans which are in nature of derivatives e.g. those cases where it is a practice to sell these commitment frequently then it will be covered under derivatives and would be accounted at Fair value at its initial recognition and marked to market accounting will be done for all subsequent periods Normal derivative accounting which is being done for any

Link: http://gyanifrs.com/2017/02/commitment-fees-and-processing-fees-on-loans-ind-as-ifrs/

Actived: Wednesday May 8, 2019 (12 days ago)

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Commitment Fee - Learn How to Calculate Commitment Fees

A commitment fee is a fee that is charged by a lender to a borrower to compensate the lender for keeping a credit line open. The fee also represents a lender s promise to provide the credit line on the agreed terms at specific dates and terms regardless of the conditions of the financial markets.

Link: https://corporatefinanceinstitute.com/resources/knowledge/finance/commitment-fee/

Actived: Friday May 17, 2019 (3 days ago)

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Implementation of International Accounting Standards BBA

If it is unlikely that a specific lending arrangement will be entered into and the loan commitment is outside the scope of IAS 39 the commitment fee is recognised as revenue on a time proportion basis over the commitment period.

Link: https://www.bba.org.uk/policy/financial-and-risk-policy/financial-reporting/accounting-policy/implementation-of-international-accounting-standards/

Actived: Thursday May 16, 2019 (4 days ago)

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