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ACCA FR Chapter 11 Financial instruments (IFRS 9) Questions

VIVA Subject Guide

14 Comments

  1. vijay
    same here, OCI/SOCI should be $5loss
  2. John
    Can you please make adjustments to the number 2 question. B is the correct answer, however the system has it at c for the correct answer.
  3. mulengakaunda
    Me as well please someone to assist
  4. Philippa
    Apologies, that should read -

    Hi, i got the answer as SOFP 80K, SOPL 10K Gain, SOCI 5k Loss, and this seems to match what the answer is telling us. However, the correct answer is showing as SOFP 80K, SOPL 5K Gain, SOCI Nil. Is this an error?
  5. agha0007
    its correct
  6. Jasmina
    what is correct? the option or the explanation?
  7. Jasmina
    yeah...same here
  8. David
    pvassallo's answer is correct, the quiz is wrong. It needs to be fixed.
  9. Philippa
    Hi, i got the answer as SOFP 80K, SOPL 10K Gain, SOCI 10k Loss, and this seems to match what the answer is telling us. However, the correct answer is showing as SOFP 80K, SOPL 5K Gain, SOCI Nil. Is this an error?
  10. Seun
    Hi,

    In the question where Rory has two financial assets - I have the same question as the guys above. Should the correct answer not be loss of 5k on investment 2 goes to OCI?

    Thanks,

    Seun
  11. Tano
    It's an error, in the solution they say it should go through OCI
  12. manan
    question with 2 investments the answer should be SOFP :- 80000 and SPL 10000 gain and OCI 5000 loss as the investment no. 2 is held for long term?

    can someone pls clear this for me..

    thanks

    regards

    Manan
  13. sanjana1399
    I got the same problem.....i did not understand why they offset the amount
  14. Godwin
    Im in the same boat here . Some one please help

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