How to Book IC Investor Relations Fees
Allocating the costs of managing group-wide shareholder communications and investor roadshows to subsidiaries.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Investor Relations Support Fees | Debit | 9,500.00 | - |
| Intercompany Payable | Credit | - | 9,500.00 |
💡 Accountant's Note
Subsidiaries benefit from group-level capital raising and credit rating maintenance, necessitating a proportional recharge of IR department costs.
Practitioner & Systems Framework
💻 ERP Architecture
Post to corporate overhead allocation accounts.
⚠️ Audit Flags
Challenges regarding the 'benefit test' if the subsidiary is wholly owned and non-listed.
📄 Required Documentation
IR policy document and allocation keys based on revenue or capital employed.
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Expert Analysis by Qusai Ahmad
General Accountant Supervisor & IFRS Specialist
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