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Derecognition of Financial Assets and Liability

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Derecognition of Financial Assets and Liability

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarP2-D2.
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  • Author
    Posts
  • March 22, 2018 at 8:43 am #443397
    Avatarjawadurrahman
    Member
    • Topics: 23
    • Replies: 28
    • ☆☆

    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
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7235
    • ☆☆☆☆☆

    Hi,

    Yes, they will be recycled through reserves in the group SOCE.

    Thanks

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