Difference between revisions of "Treasury Shares"
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'''Treasury Shares'''. An entity’s own [[Equity Instrument | equity instruments]], held by the entity or other members of the consolidated group. | '''Treasury Shares'''. An entity’s own [[Equity Instrument | equity instruments]], held by the entity or other members of the consolidated group. | ||
| − | Treasury shares are the equity instruments of an entity that have been issued and subsequently reacquired by the entity. The name derives from the being held in the company's ''treasury''. | + | Treasury shares are the equity instruments of an entity that have been issued and subsequently reacquired by the entity. The name derives from the being held in the company's ''treasury''. In financial reports a company must deduct from equity the fair value of the treasury shares. The company must not recognise a gain or loss in profit or loss on the purchase, sale, issue or cancellation of treasury shares. |
== Synonym == | == Synonym == | ||
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== Usage == | == Usage == | ||
* [[Statement of Financial Position]] | * [[Statement of Financial Position]] | ||
| + | * [[Statement of Changes in Equity]] (Member) | ||
== XBRL Properties == | == XBRL Properties == | ||
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* [[Accounts Hierarchy Structure | Hierarchy Level]]: 3 | * [[Accounts Hierarchy Structure | Hierarchy Level]]: 3 | ||
| − | * IFRS References: <ref>IFRS for SMEs4.11f[2015-12-01]Disclosure</ref> | + | * IFRS References: <ref>IFRS for SMEs4.11f[2015-12-01]Disclosure</ref>, <ref>IFRS for SMEs6.3[2015-12-01]Disclosure</ref> |
== References == | == References == | ||
Latest revision as of 17:07, 20 May 2021
Definition
Treasury Shares. An entity’s own equity instruments, held by the entity or other members of the consolidated group.
Treasury shares are the equity instruments of an entity that have been issued and subsequently reacquired by the entity. The name derives from the being held in the company's treasury. In financial reports a company must deduct from equity the fair value of the treasury shares. The company must not recognise a gain or loss in profit or loss on the purchase, sale, issue or cancellation of treasury shares.
Synonym
- Treasury Stock
See Also
Usage
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Treasury shares
- Common Initials:
- Element Type and Attributes: (X)instant, debit
- Hierarchy Level: 3
- IFRS References: [1], [2]
