أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
we can report the loyalty programme for customers or receivablesin financial statemens using the financial anlysis ratiosaccording to IFRS
FRIC13 addresses accounting by entities that grant loyalty award credits (such as 'points' or travel miles) to customers who buy other goods or services. Specifically, it explains how such entities should account for their obligations to provide free or discounted goods or services ('awards') to customers who redeem award credits.
IFRIC13 "Customer Loyalty Programmes". This interpretation establishes the accounting treatment of free or discounted goods and services given by companies to their customers as part of a customer loyalty scheme in the form of points or other types of credit when they sell a good or provide a service. were measured as a cost under "Other Operating Costs" on the consolidated income statement and a provision for the estimated value of outstanding points at the end of each year was booked under "Trade and Other Payables Trade Payables" on the consolidated statement of financial position.