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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Financial liability – fee
Hi, can I please check how EMTN fees should be treated. This is a standardised master agreement to issue debt in the market. Annual fees are paid to maintain this.
As it is not related to an individual liability I assume it is not a transaction cost so not recognised against any individual liability? And in profit and loss can this be recognised as part of a banks net interest income?
Many thanks
Hi Nick,
Thanks for using the forum but the question you ask is not in relation to what would appear in the FR exam and I’m therefore unable to answer it, sorry.
Thanks
