IFRS Alert: Bringing transparency on supplier finance
11 January, 2024
Supplier finance arrangements provide companies with solutions for managing working capital. As the use of these solutions expands, it has become increasingly important that investors have transparency over the effect on a company’s liabilities, cash flows and exposure to liquidity risk.
Starting in 2024, IFRS reporters will be required to provide additional disclosures about these arrangements to fulfil those investor needs.
This alert tells you what you need to know to account for supplier finance arrangements.
