Skip to content

Ask the Tutor ACCA SBR

FVPL-financial liability

Former userFormer user5y ago

[Content removed at user request]

stephenwidbergstephenwidbergTutor5y ago#1
Borrow money = financial liability (FL) In order to: Buy investment property (IP) As you know IP are FVPL so you can make the FL FVPL 'to avoid accounting mismatch'
Sign into reply to this topic.