And with our Exchange and Redeem features, we provide flexibility for your points and miles that you won't find anywhere else. IFRIC 13 Customer Loyalty Programmes IFRIC 13 addresses how companies, that grant their customers loyalty award credits (often called 'points') when buying goods or services, should account for their obligation to. Accounting for airline frequent flyer programs: management incentives and financial reporting impacts. Design a loyalty program that’s just right for your store. Our highly customizable product lets you set up your own point earning rules and rewards. IFRIC 13 Customer Loyalty Programmes issued. If IFRIC 13 causes an entity to change its accounting policy for customer loyalty awards, IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors applies. The article was addressing what are the accounting principles that can be applied to loyalty programs. Discover applicable ideas for customer loyalty programs and learn how you can. Use a simple point system. This is the most common loyalty. IFRS valuations for Customer Loyalty Programs.
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January 2017
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