Interpretation No. 19 of the Accounting Standards for Business Enterprises issued

The interpretation addresses accounting and disclosure for compensatory assets in business combinations and cash flows related to contingent-event contracts.

The Ministry of Finance issued Interpretation No. 19 of the Accounting Standards for Business Enterprises, clarifying accounting for compensatory assets in business combinations and cash flows related to contingent-event contracts.

Companies should assess the recognition, measurement, presentation and disclosure effects based on their contractual terms and business facts.