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Financial Assets

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Financial Assets

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by Stephen Widberg.
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  • February 19, 2023 at 12:29 pm #679134
    jingdong
    Participant
    • Topics: 89
    • Replies: 115
    • ☆☆☆

    Dear Tutor, would you please help me to give an example of this kind of financial assets?

    eg: a non derivative contract for which the entity is or may be obliged to receive a variable number of entity’s own equity instrument IAS 32

    Many thanks

    February 20, 2023 at 8:32 am #679175
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3411
    • ☆☆☆☆☆

    A borrows $1 million from B.

    A can settle in cash or by giving B $1 million worth of A shares.

    That’s my best guess.

    BUT THE EXAM IS 5000% EASIER THAN YOUR QUESTION!!!!! PLEASE WATCH OUR 2022 DEBRIEFS TO UNDERSTAND THE SORT OF THINGS YOU WILL BE ASKED!!!!!!

    🙂

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