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In UAE, are director's fees included in equity? Is it consistent with IAS 19 on employee benefits? Explain in brief.

IFRS; Financial Reporting; Corporate Governance; Compliance

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Question added by Ganesh Chandran , Finance & Operations Manager , Avantgarde Inc FZCO
Date Posted: 2017/01/22
Owais Akber
by Owais Akber , Senior Accountant , Modec Building Material Trading LLC

Director fee is part of Income & loss account and can not go to equity account and this treatment is according to IAS 19.

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