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Hello guys.. anyone have some tips on how i can do this paper while studying on my own for the sept 2018 session – how can i go about with this paper.. I am planning on studying with the kaplan book.. any better materials you know?
Why don’t you guys try the opentuition videos on the IFRS/IAS. They pretty much covers the thoery behind the standards. Its just around 2 hours per standards. You can then read on IAS plus to remember and then practice the exam kit questions for retention. I tried to read through the BPP textbook but its too bulky.
FVTPL – by default = change in value goes to p&l = transaction cost is expensed
FVTOCI – if there is intent to hold the asset for long-term = change in value goes to OCI and is not re-classified to p&l in the event the asset is derecognised (disposed or reclassified) = transaction cost is capitalised.
