- This topic has 1 reply, 2 voices, and was last updated 6 years ago by
MikeLittle.
MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
aamir2111
- Topics: 123
- Replies: 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?
MikeLittle
- Topics: 26
- Replies: 22598
- ☆☆☆☆☆
Gains and losses are accounted for through the statement of profit or loss as distinct from the statement of comprehensive income
aamir2111
MikeLittleViewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.