Can you please make an example regarding measurement of financial liabilities, which are chosen for profit and loss, because they reduce or eliminate an accounting mismatch?
We’re in the area of hedging where a financial asset satisfies neither the business model nor the cash-flow model and will thus be accounted for at fair value through profit or loss
Where this asset is acquired to hedge a financial liability, that liability may be valued at fair value through profit or loss in order to accord similar treatment to two closely related matters
OK?
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