Hello sir,
When there is a differential in interest rate with guarantee and without guarantee, what does this line means?
‘...... it represents economic benefit to the holder.’
Why not to the issuer?
Second question
Who need to account it as financial liability? The issuer or holder?
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Second ques i got it... need help for ques one
5y ago#2Sounds a bit too technical for this exam. BDO have detailed guidance:
https://www.bdo.co.uk/en-gb/insights/business-edge/business-edge-2018/ifrs-9-explained-issued-financial-guarantees
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