[P1-AP] INVESTMENTS - CHAPTER 4 INVESTMENTS EQUITY...

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CHAPTER 4 INVESTMENTS EQUITY INVESTMENTS PFRS 9 VS PAS 39 PAS 39 PFRS 9 @FV P/L @FV OCI @FV P/L @FV OCI Initial recognition - Fair value (GRG) - Transaction cost- expensed - Fair value (GRG) + Transaction cost Same with PAS 39 Same with PAS 39 Balance Sheet Valuation Fair Value @ BS date xx CV (xx) UG (UL) P/L xx Fair Value @ BS date xx Original Cost (xx) UG (UL) SHE xx Fair Value @ BS date xx CV (xx) UG (UL) OCI-SCI xx Same with PAS 39 Same with PAS 39 Disposal Proceeds xx CV (xx) Gain (Loss) P/L xx Proceeds xx Original Cost (xx) Gain (Loss) P/L xx Same with PAS 39 *no gain/loss on disposal all transferred to R/E Impairment (permanent) FMV xx CV (xx) Loss P/L xx FMV xx Original Cost (xx) Loss P/L xx Same with PAS 39 *recorded in SHE/OCI same way as temporary decline Recovery of Impairment Subsequent increase recoded in the P/L No recovery recognized: Fair Value @ BS date xx Original Cost (xx) UG (UL) SHE xx Same with PAS 39 *recorded in SHE/OCI same way
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Transfer Into TS- not allowed Out of TS- Rarely (treated currently and prospectively) Irrevocable- transfer is not allowed DEBT INVESTMENT PFRS 9 VS PAS 39 PAS 39 PAS 39 and PFRS 9 PFRS 9 AFS HTM TS or @FV P/L FV OCI HTM Initial recogniti on Fair value (GRG) + Transaction cost excluding accrued interests Fair value (GRG) + Transaction cost excluding accrued interests - Fair value (GRG) - Transaction cost- expensed
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