20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

Financial instrument

This topic has 1 reply, 2 voices, and was last updated 1 month ago by Stephen Widberg.

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

Author
Posts
September 27, 2024 at 12:20 am #711786
shah19888888
Participant
- Topics: 20
- Replies: 10
HI,
When financial institutions hold bonds that they receive interest payments for but don’t hold onto to maturity but sell on, what is the accounting treatment for this?
regards
September 27, 2024 at 9:06 am #711789
Stephen Widberg
Keymaster
- Topics: 15
- Replies: 3336
I think it will be obvious in the exam question. If planning to sell on, likely to be FV through OCI.
Author
Posts

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

You must be logged in to reply to this topic.