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Financial asset in coursework

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Financial asset in coursework

  • This topic has 2 replies, 3 voices, and was last updated 10 years ago by Jennifer.
Viewing 3 posts - 1 through 3 (of 3 total)
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    Posts
  • March 31, 2015 at 6:22 pm #239700
    Claire
    Participant
    • Topics: 7
    • Replies: 1
    • ☆

    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.

    April 2, 2015 at 4:08 pm #239933
    kirsty3008
    Member
    • Topics: 4
    • Replies: 3
    • ☆

    Did you find the answer to this, I am stuck on it too.
    Is it the $15m financial asset?

    April 3, 2015 at 2:08 pm #240020
    Jennifer
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Can anyone help with this?

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