FVOCI and FVPL 6/12 ethan

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November 9, 2014 at 12:56 pm #208574
kerri
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Hi Mike

How do you know which items should go to FVPL or FVOCI? is this depends on the question.

I done 6/12 ethan, and in solutions it states that ” credit risk must be recognised to OCI rather than to PL” I thought fv changes such as exchange rates, changes to equity then treated to OCI? I don’t know and very confused.
November 10, 2014 at 3:56 pm #208854
MikeLittle
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And revaluation surpluses – don’t forget them

Basically, it’s gains and losses not achieved / suffered as a result of “normal” activities
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