FINANCIAL INSTRUMENTForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › FINANCIAL INSTRUMENTThis topic has 1 reply, 2 voices, and was last updated 2 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts July 9, 2021 at 7:07 pm #627302 shaunak22ParticipantTopics: 220Replies: 41☆☆☆Sir when we initially recognize financial instrument why only compound financial instruments are recorded at present value of future cash flow ?why isn’t compound instrument recorded like other financial liabilties i.e. cash received less cost of issue? July 10, 2021 at 9:46 am #627344 P2-D2KeymasterTopics: 4Replies: 6898☆☆☆☆☆Hi,It would be recorded in this way but it is not going to be examined at this lever, that is something for SBR. For FR just be able to deal with the issue costs for ‘simple’ financial assets and financial liabilities.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In