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IAS 40 Fair Value model

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 40 Fair Value model

  • This topic has 2 replies, 2 voices, and was last updated 6 years ago by l_ACCA.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • May 7, 2019 at 6:09 pm #515253
    l_ACCA
    Member
    • Topics: 31
    • Replies: 129
    • ☆☆

    Dear tutor,

    Apologies if this seems to be a silly (or basic) question relating to IAS 40 🙁

    Where do FV movements go under the IAS 40 FV model? Everywhere I read, it says, recognised in P/L. But where in P/L? What would be the double entry?

    May 12, 2019 at 10:55 am #515679
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7231
    • ☆☆☆☆☆

    Hi,

    It would go through the investing section of the profit or loss account, as it is in essence a form of investment income.

    Thanks

    May 15, 2019 at 5:48 pm #516033
    l_ACCA
    Member
    • Topics: 31
    • Replies: 129
    • ☆☆

    Thank you for you response.

  • Author
    Posts
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  • The topic ‘IAS 40 Fair Value model’ is closed to new replies.

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