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Equity instrument

Hhasanali9512y ago
When an equity instrument is held at FVTOCI,do we subtract or add the transaction costs? And is my concept correct That for fin asset,we add transaction costs Fin liab and equity ins we deduct transaction costs? Thanks :)
Aanisa78612y ago#1
Fin liab at amortized cost initially measured at fair value less transaction costs Fin liab at fvtpl initially measured at fv and transaction costs expensed in p/l Fin asset through Oci fv plus transaction costs Fin asset thru p/l transaction cost expensed
MikeLittleMikeLittleTutor12y ago#2
Thanks Anisa
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