June 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Derecognition of financial instruments – September 18 (no. 1C)

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 30, 2021 at 12:35 am #622239
chinedu123
Participant
- Topics: 17
- Replies: 34
Sir,
What is the best way/exam technique way to explain derecognition of financial instruments just like 2018 number 1c question came up?
A more preferable exam debrief answer technique to derecognition of financial instruments.
Thank you.
May 30, 2021 at 4:51 pm #622327
Stephen Widberg
Keymaster
- Topics: 16
- Replies: 3408
Break the transaction down by date and use the dates as subheadings:
7/x5 Date of purchase
6/x6 SFP date
7/x6 Derecognition (or not)
6/x7 SFP date
In terms of derecognition, I would just use words such as (no) transfer of risks and rewards.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.