Equity instruments held at fvtoci

This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.

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August 25, 2015 at 7:15 am #268424
Robert
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Morning Mike,
If the shares are not held for trading an entity can elect to measure at fair value through oci. But why would they elect to do this over measuring through p&l?

Thanks

Rob
August 25, 2015 at 9:22 am #268442
MikeLittle
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I don’t know! Maybe the directors feel that it would be better kept away from the statement of profit or loss?
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