June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

FINANCIAL INSTRUMENT

This topic has 1 reply, 2 voices, and was last updated 4 years ago by P2-D2.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
July 9, 2021 at 7:07 pm #627302
shaunak22
Participant
- Topics: 220
- Replies: 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-D2
Keymaster
- Topics: 4
- Replies: 7172
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.
Thanks
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.