Akademik Veri Yönetim Sistemi
Entrepreneurial Strategies for the Internationalization and Digitalization of SMEs, Sylvia Nabila Azwa Ambad,Nor Farradila Abdul Aziz,Ahmad Rafiki, Editör, IGI Global yayınevi, Pennsylvania, ss.100-125, 2024
The study examines the impact of crowdfunding on E7 countries, highlighting its ongoing legal construction and potential for new investments and economic growth.Traditional financial institutions are hesitant to invest in innovative ventures due to risk perception.Crowdfunding, a non-conventional financial tool, has gained popularity in US and Europe, but its adoption in emerging markets is relatively recent.Study also discusses the financial reporting mechanism of crowdfunding activities, which are explained within the framework of IFRS.Crowdfunding transactions' accounting treatment depends on the campaign's nature and financial reporting requirements.Entities must determine appropriate treatment for funds received, such as revenue, liability, or equity.Equity crowdfunding may involve recognizing financial instruments like IFRS9, while revenue recognition principles under IFRS15 may apply for campaigns in exchange for goods or services.Disclosures about crowdfunding activities, contingent liabilities, and fair value measurement may be required in accordance with IFRS13 standards.