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FVTOCI

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › FVTOCI

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by AvatarStephen Widberg.
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  • September 9, 2020 at 7:09 am #584274
    Avatartoushiga
    Participant
    • Topics: 424
    • Replies: 171
    • ☆☆☆☆

    Hello Sir,
    1. For the debt instrument measured at FVTOCI,the foreign currency gain/loss will goes to Pnl,what is the corresponding entry ,will it goes against the CA of FA or goes to OCI like impairment loss?

    2.For equity instrument measured at FVTOCI,the div income will recognised in Pnl,will it Debit entry goes to the FA or OCI?

    September 9, 2020 at 9:21 am #584317
    AvatarStephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3449
    • ☆☆☆☆☆

    FX gain or loss will go to OCI.

    For dividend income the debit will be FA

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