Financial InsutrumentsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Financial InsutrumentsThis topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 28, 2016 at 7:07 pm #335837 aamir2111MemberTopics: 123Replies: 85☆☆☆Hi Mike,As per lecture note, pg 145,debt assets • initial measurement is at fair value and includes transaction costs • the only exception to this transaction cost inclusion rule is if the investment is not classed as at “fair value through profit and loss” (FVTPL)What exactly is FVTPL? August 28, 2016 at 7:46 pm #335841 MikeLittleKeymasterTopics: 27Replies: 23135☆☆☆☆☆Gains and losses are accounted for through the statement of profit or loss as distinct from the statement of comprehensive incomeAuthorPostsViewing 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