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Financial instrument

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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September 27, 2024 at 12:20 am #711786
shah19888888
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HI,
When financial institutions hold bonds that they receive interest payments for but don’t hold onto to maturity but sell on, what is the accounting treatment for this?
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September 27, 2024 at 9:06 am #711789
Stephen Widberg
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I think it will be obvious in the exam question. If planning to sell on, likely to be FV through OCI.
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