- This topic has 1 reply, 2 voices, and was last updated 4 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Financial Instruments
Hi Chris/ Stephen,
Please help me understand below.
A financial asset is any asset that is a contractual right to exchange financial instruments with another entity under conditions that are potentially favourable to the entity. And this comes as potentially UNFAVOURABLE for financial liabilities.
What does these two mean?
FA – Right or obligation to swap shares worth 10 for shares worth 15 – a good thing
FL = Obligation to swap a loan liability of 10 for a loan liability of 12 – a bad thing.
That’s my best guess.