Financial asset, Capital asset, Financial instrumentForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Financial asset, Capital asset, Financial instrumentThis topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts February 21, 2017 at 5:20 pm #373547 salman7ParticipantTopics: 76Replies: 36☆☆I am sometimes confused with the following terms? Can you please explain their main differences for F9? Can I use them interchangeably? 1. Financial asset 2. Capital asset 3. Financial instrumentThanks, February 22, 2017 at 9:50 am #373628 John MoffatKeymasterTopics: 56Replies: 53858☆☆☆☆☆No you can’t use them interchangeably 🙂Financial assets are things like bonds, shares, etc.. that are owned.Capital assets are all non-current assets.Financial instruments include financial assets but also financial liabilities, equity, and things like futures and options.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)The topic ‘Financial asset, Capital asset, Financial instrument’ is closed to new replies.