¹Eduardo Sá e Silva, ²Adalmiro Pereira, ³Tânia Teixeira

^1,2,3ISCAP-P Porto

DOI : https://doi.org/10.47191/ijsshr/v8-i3-49

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ABSTRACT

The amortized cost of a financial asset or financial liability is the amount at which it is measured on initial recognition, less any repayments made, plus or minus the cumulative amortization (using the effective interest method) of any difference between the initial amount and the maturity amount, and less any reduction for impairment or uncollectible (IAS 27, paragraph 5). This work aims to present a review of the topic and a concrete application, showing how this topic can be worked on.

KEYWORDS:

Amortized cost; Impairments; NCRF 27; NCRF 12

REFERENCES
1) GARCIA DIEZ, Julita (2000) The new accounting strategy of the European Union: A step forward in the approach to the IASC, Revisores e Empresa Magazine, October/December.

2) Instruction 9/2005 Bank of Portugal https://www.bportugal.pt/sites/default/files/anexos/instrucoes/9-2005i2.pdf

3) Accounting and Financial Reporting Standard 12 – Impairment of assets https://www.cnc.min-financas.pt/_siteantigo/snc_projecto/ncrf_12_imparidade_activos.pdf

4) Accounting and Financial Reporting Standard 27 – Financial Instruments https://www.cnc.min-financas.pt/_siteantigo/SNC_projecto/NCRF_27_instrum_financ.pdf

5) International Financial Reporting Standard 7 – Financial Instruments: Disclosures https://www.oroc.pt/uploads/normativo_tecnico/contabilidade/IFRS/IFRS%207.pdf

6) International Financial Reporting Standard 9 – Financial Instruments https://www.oroc.pt/uploads/normativo_tecnico/contabilidade/IFRS/IFRS%209.pdf

Volume 08 Issue 03 March 2025