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Financial Assets

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Financial Assets

  • This topic has 1 reply, 1 voice, and was last updated 8 years ago by paul.
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  • November 21, 2016 at 2:25 pm #350336
    paul
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Hi,

    Can someone clarify? Example of a receivable loan – normally a debt instrument with amortized cost being used ff business model is to hold maturity/CF test passed

    Am i right in thinking you can also, for the same receivable loan, use FVTOCI if the business model is to both hold and to sell?

    Just that i’ve been reading a text that says its either AC or FVTPL – no real mention of FVTOCI

    November 21, 2016 at 5:45 pm #350399
    paul
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Many thanks – much appreciated

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