Financial asset

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Stephen Widberg.

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November 6, 2019 at 12:06 pm #551685
alikhakar
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How will the financial asset- convertible debenture recorded? through OCI or SOPL?
And also how will be the FV at initial recognition measured?
Thanks for your time.
November 7, 2019 at 6:46 am #551735
Stephen Widberg
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Financial asset
FV is what you pay for it
Probably FVTPL or FVOCI
Cannot see any reason to split up into equity and debt components
Interesting question!
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