Accounting For Troubled Debt Restructure - Minor Modification: IFRS & ASPE (rev 2020)
Channel: The Business Doctor
Date: 2020-05-13

This video illustrates accounting for minor modification restructuring of troubled debt from both the debtor and creditor perspectives under Canadian IFRS and ASPE.

The video includes a review of the calculation of the Concession Amount for troubled debt restructuring and determination of the type of modification of troubled debt restructuring using the 10% threshold.

Here's the problem data file to accompany this video:
https://drive.google.com/file/d/1jXhmU-FqhuVL7zSDQD7HpLArpPOJVIx8/view?usp=sharing