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Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Financial asset in coursework
Hi all,
For a financial asset should this be held at as a debt instrument if it is an interest free loan to a supplier in which no repayments have been received during the year for and won’t be received until the end of the 2 year loan period?
I’m unsure if the finance cost not made on this should be included and if I should only discount the loan given for 2 years and have the loss through the p&l.
Did you find the answer to this, I am stuck on it too.
Is it the $15m financial asset?
Can anyone help with this?