Financial instrument – initial recognationForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Financial instrument – initial recognationThis topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts November 28, 2020 at 10:22 am #596825 amysnowyParticipantTopics: 72Replies: 25☆☆Dear tutorcould you please have a look below initial recognation whether it’s correctfinancial liability- debit instrument(issue bound) : FV – transaction cost financial asset – debit instrument(buy loan): FV + transaction cost financial asset – equity instrument( buy shares) : FVTPL: FV – transaction cost ( I am not sure about this one, or should all financial asset using FV+ transaction cost?) FVOCI: FV + transaction costMany thanks November 28, 2020 at 1:53 pm #596849 Stephen WidbergKeymasterTopics: 15Replies: 3227☆☆☆☆☆Only error:Is equities – if FVPL – just FV (transaction costs go somewhere else…………..P&L)AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In