Search found 5 matches

by X_Japan888
07 Dec 2021, 02:50
Forum: IFRS-related topics
Topic: IFRS 9 - FINANCIAL ASSET (Partial disposal of equity instruments held for trading)
Replies: 9
Views: 2573

Re: IFRS 9 - FINANCIAL ASSET (Partial disposal of equity instruments held for trading)

Thats DJP, Thanks Marek.

I have seen this but I supposed "materiality" in this context is another matter altogether.

If you have any other opinions or inputs I will appreciate it.

Bless.
by X_Japan888
04 Dec 2021, 16:31
Forum: IFRS-related topics
Topic: IFRS 9 - FINANCIAL ASSET (Partial disposal of equity instruments held for trading)
Replies: 9
Views: 2573

Re: IFRS 9 - FINANCIAL ASSET (Partial disposal of equity instruments held for trading)

Hello Marek, Good day. 1. Maybe I should not use the word offset but I was referring to the presentation on the income statement on a net basis. Meaning, all the movement of FV gain and loss is presented on the FS on either net FV gain or loss at year end or should it be presented separately and not...
by X_Japan888
02 Dec 2021, 09:43
Forum: IFRS-related topics
Topic: IFRS 9 - FINANCIAL ASSET (Partial disposal of equity instruments held for trading)
Replies: 9
Views: 2573

Re: IFRS 9 - FINANCIAL ASSET (Partial disposal of equity instruments held for trading)

Dear Marek and others, For the presentation - I have another question: 1. Can the FV gain/loss be presented at net basis or no at year end or it needs to be separate and no offsetting is allowed. My understanding is for such transactions the FV gain/loss has to be accounted for and presented separat...
by X_Japan888
15 Nov 2021, 17:51
Forum: IFRS-related topics
Topic: IFRS 9 - FINANCIAL ASSET (Partial disposal of equity instruments held for trading)
Replies: 9
Views: 2573

IFRS 9 - FINANCIAL ASSET (Partial disposal of equity instruments held for trading)

Hello all, I need assistance and advice on this particular matter that is bugging me. An entity (only business activities is to buy/sell shares frequently) has this financial asset that is quoted shares that is held as an investment and due it being equity investments there are at fair value through...