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Non financial instrutment/item

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Non financial instrutment/item

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.
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  • May 23, 2014 at 9:34 pm #170382
    leelee1981
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    came accross the term non financial item under IAS 32(financial Instrument-presentation). what does it really mean and how is it accounted for

    May 25, 2014 at 6:08 pm #170782
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    Non-financial Instruments

    Real estate
    With the ever-increasing cost of land, real estate has come up as a profitable investment proposition.

    Gold
    The ‘yellow metal’ is a preferred investment option, particularly when markets are volatile. Today, beyond physical gold, a number of products which derive their value from the price of gold are available for investment. These include gold futures and gold exchange traded funds.

    OK?

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