Derecognition of financial assets

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.

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June 16, 2020 at 5:40 am #573946
confideans
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On a subsequent disposal of an investment in shares, gains or losses previously recognised and held in other components of equity can be transferred to retained earnings in the statement of changes in equity.

Is it still relevant?

Thank you very much.
June 16, 2020 at 1:06 pm #573974
Stephen Widberg
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That is true but they CANNOT be transferred to the profit and loss account
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