Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › IFRS 9 financial instruments
- This topic has 5 replies, 3 voices, and was last updated 8 years ago by MikeLittle.
- AuthorPosts
- May 21, 2016 at 3:07 pm #316213
Hi Sir
I have another question regards to IFRS 9 fair value through profit or loss
e.g. company buy a porfolio of shares
For the inital recognition will be measured at financial asset at fair value may i know whether It will be in the balance sheet?
As im aware that at year any changes will be recognised in Profit or LossThanks π
May 21, 2016 at 4:30 pm #316239Ask yourself this “Is it an asset or is it an expense?”
If it’s an asset, where does it go?
If it’s an expense, where does it go?
Amelia, I’m sorry to say this but this really is an F3 problem !
May 21, 2016 at 5:42 pm #316252Sir,
IFRS 9 replaced Ias 32 should I study all Ias 32, IFRS 7 and Ias 39?? and I studied open tution lecture IFRS 9 and the two artical sheet ( what’s financial instrument) and I had ideas and learned. so can start exam questios? or I have to study whole text book as its huge and I cant manage time for a hard job?????please help and advice???May 21, 2016 at 6:28 pm #316260What’s the point of even looking at IAS 32?
IFRS 9 should be enough for you
May 23, 2016 at 6:58 am #316527Sir im so sorry for asking so basic question in p7. I really need to recap. Thanks.
May 23, 2016 at 9:10 am #316556Not a problem – don’t worry about it π
- AuthorPosts
- You must be logged in to reply to this topic.