This tool is for calculating and providing the supporting schedule for a monthly effective interest rate calculation in accordance with IFRS. IFRS notes that for loans that bear off-market interest rates that they be accreted to profit or loss using the effective-interest method.
|Price||$10.00 Add to Cart|
|Business Tool Type||Accounting|
|Categories||Financial Models, Templates|
|Industries||Accounting, Banking, Energy And Natural Resources|
|Business Type||Small to Medium Companies|
|Benefits||This tool helps to easily calculate your effective interest rate and provides a schedule detailing the journal entries that are to be made on a monthly basis.|
|About The Seller||I am a CPA with ten years of experience in consulting, public company, private company and Big Four accounting firm experience. I have worked in Financial Reporting, Merger's and Acquisitions, Audit and Strategic Planning.|