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Amortised cost of financial asset

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Amortised cost of financial asset

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  • June 1, 2018 at 12:41 pm #455268
    melonny05
    Participant
    • Topics: 27
    • Replies: 55
    • ☆☆

    On what occasions can a financial asset held at amortised cost be sold in line with Business model test?
    Should we expect a consolidation cash flow statements?
    Thank you.

    June 2, 2018 at 9:24 am #455448
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7211
    • ☆☆☆☆☆

    Hi,

    If you decide that the company needs cash then it may decide to sell the financial asset to help its liquidity.

    For the groups question, you need to be comfortable with all the possible scenarios. Please do not anticipate what will arise in the exam.

    Thanks

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