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Hi Sir
I have another question regards to IFRS 9 fair value through profit or loss
e.g. company buy a porfolio of shares
For the inital recognition will be measured at financial asset at fair value may i know whether It will be in the balance sheet?
As im aware that at year any changes will be recognised in Profit or LossThanks 🙂
Ask yourself this “Is it an asset or is it an expense?”
If it’s an asset, where does it go?
If it’s an expense, where does it go?
Amelia, I’m sorry to say this but this really is an F3 problem !
Sir,
IFRS 9 replaced Ias 32 should I study all Ias 32, IFRS 7 and Ias 39?? and I studied open tution lecture IFRS 9 and the two artical sheet ( what’s financial instrument) and I had ideas and learned. so can start exam questios? or I have to study whole text book as its huge and I cant manage time for a hard job?????please help and advice???What’s the point of even looking at IAS 32?
IFRS 9 should be enough for you
Sir im so sorry for asking so basic question in p7. I really need to recap. Thanks.
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