AC2101 S1 2014 Seminar 10 FA.pptx

For equity instruments frs 39 now fvtpl afs ifrs

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Unformatted text preview: business model(s); no reclassification unless model changes (rare) a.  For debt instruments: *  Amortized cost if satisfy the following 2 criteria Ø།  Biz model’s objective to hold FA for contractual cash flow collection Ø།  Contractual cash flows solely represent principal & interest payments; *  Else, fair value through P&L (to sell) or Fair value through OCI (to hold and to sell, impairment recognised thru...
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This document was uploaded on 02/10/2014.

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