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Derecognition of Financial Assets and Liability

This topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.

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March 22, 2018 at 8:43 am #443397
jawadurrahman
Member
- Topics: 23
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Sir in your notes on page 64 and 65 you didnt mention that for investments in equity instruments held at fair value through OCI, the cumulative gains and losses recognises in OCI are not recycled to P/L on disposal..am i right sir?
March 23, 2018 at 9:17 pm #443642
P2-D2
Keymaster
- Topics: 4
- Replies: 7065
Hi,
Yes, they will be recycled through reserves in the group SOCE.
Thanks
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