Written by: Barbora Choi on Thu Aug 14

IFRIC Agenda Decision: Classification of Cash Flow related to Variation Margin Calls on Collaterallised-to-Market Contracts

Price of a commodity collaterallised to market changes daily leading to daily profits and losses over the period of contract and before the actual settlement takes place.

"Never test the depth of water with both feet." Warren Buffet

Part II. of my take on the latest IFRS Agenda Decisions is here!