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FGC

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › FGC

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by Stephen Widberg.
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  • April 8, 2021 at 5:07 pm #616484
    dvamfire
    Member
    • Topics: 36
    • Replies: 29
    • ☆☆

    Hello sir,

    When there is a differential in interest rate with guarantee and without guarantee, what does this line means?

    ‘…… it represents economic benefit to the holder.’
    Why not to the issuer?

    Second question
    Who need to account it as financial liability? The issuer or holder?

    April 9, 2021 at 12:59 am #616501
    dvamfire
    Member
    • Topics: 36
    • Replies: 29
    • ☆☆

    Second ques i got it… need help for ques one

    April 9, 2021 at 9:55 am #616556
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3409
    • ☆☆☆☆☆

    Sounds a bit too technical for this exam. BDO have detailed guidance:

    https://www.bdo.co.uk/en-gb/insights/business-edge/business-edge-2018/ifrs-9-explained-issued-financial-guarantees

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