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Equity instrument

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Equity instrument

  • This topic has 2 replies, 3 voices, and was last updated 11 years ago by MikeLittle.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • November 19, 2013 at 10:25 am #146729
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    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 🙂

    November 19, 2013 at 5:42 pm #146832
    anisa786
    Member
    • Topics: 45
    • Replies: 37
    • ☆☆

    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

    November 20, 2013 at 4:31 pm #147010
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    Thanks Anisa

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