FVTOCI Loss

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April 6, 2019 at 8:58 pm #511360
llkkjj
Participant
- Topics: 27
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Hi,

So in FVTOCI, the gain is transferred to OCI.

Can it happen that instead of a gain in the future , the FV decreases, so it will be a loss in the future, and if it is a loss, where will it go ? still to OCI?

thank you.
April 12, 2019 at 4:56 pm #512111
P2-D2
Keymaster
- Topics: 4
- Replies: 7235
Hi,

Gains and losses both go through OCI.

Thanks
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