Accounting for purchase commitments
{"Image DocumentName": "Accounting for purchase commitments", "Image ImageDescription": "Under ASPE / PE GAAP: Not accounted for as derivatives because difficult to measure. Recognized when goods received. Under IFRS. Not accounted for as derivatives, and recognized when goods received if: There are no net settlement features (can settle for cash or other assets instead of taking delivery) There are net settlement features, but company intends to take delivery and therefore designates contracts expected use", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}