Financial Instruments FVTOCI

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February 17, 2017 at 3:15 pm #372880
hemraj123
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Sir, how is the disposal of financial asset which is held at FVTOCI shown in SOFP and SOCI?

Thanks
February 17, 2017 at 4:23 pm #372889
MikeLittle
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If it’s disposed of it won’t feature in the statement of financial position!

Any gain or loss on disposal will go through comprehensive income and thence, by way of transfer within the statement of changes in equity, to retained earnings

OK?
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