Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

ACCA December Exams

Post comments & Vote in Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>

Mar Jun 18 : Q2 Spamgate

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Mar Jun 18 : Q2 Spamgate

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 13, 2018 at 5:51 am #467429
    adbkwfoqnk
    Member
    • Topics: 6
    • Replies: 0
    • ☆

    Hi tutor,

    In Q2a, the FA is treated as Amortised cost, why would it not be FVTPL, as it is the normal trading activity of the business?

    Thank you

    August 15, 2018 at 1:20 pm #467992
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7079
    • ☆☆☆☆☆

    Hi,

    You need to explain whether their treatment as amortised cost is correct, so you need to look at the rules for subsequent measurement using amortised cost.

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.