Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. according to isab, debt investments are accounted

According to ISAB, Debt investments are accounted either by theamortize cost or by fair...

80.2K

Verified Solution

Question

Accounting

According to ISAB, Debt investments are accounted either by theamortize cost or by fair value method. To identify the method usedthere is certain model. Please explain the model and itscriteria.

Answer & Explanation Solved by verified expert
4.1 Ratings (750 Votes)
Fair value method for measurement of financial instruments is where the financial instruments are carried at fair value Fair value is determined using the principles outlined in IFRS 13Fair Value measurement Under Amortised costs method financial instruments are carried at amortised cost Under amortised cost method the financial instrument is initially recognised    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In: AccountingAccording to ISAB, Debt investments are accounted either by theamortize cost or by fair value...According to ISAB, Debt investments are accounted either by theamortize cost or by fair value method. To identify the method usedthere is certain model. Please explain the model and itscriteria.

Other questions asked by students

Q

In a paper of 300 to 500 words and with 3-5 references in APA format, respond...

Psychology
Q

A projectile is launched with initial velocity of 11 m/s at 30.5 degrees above the horizontal....

Physics
Q

An article suggested that yield strength (ksi) for A36 grade steel is normally distributed with ?...

Basic Math
Q

1 point Compute the following sums using binary addition Do not use spaces in your...

Basic Math
Q

For the value of s below, use a calculator to find sin s and cos...

Basic Math
Q

f(v) is the total revenue from the sale of v sofas. Which of the following...

Basic Math
Q

Solve the following system of equations. Record your answer as an ordered triple. Don't forget...

Basic Math
Q

1 4 Find the linearization L x of the function at a 1 f x...

Calculus
Q

Consider the curve y f x shown below Find f 7 and f 7 V...

Calculus
Q

Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment Data concerning three of the...

Accounting
Q

In preparing its statement of cash flows for the year ended December 31, 2019, Coronado...

Accounting
Q

Suponga lo siguiente: Ganancia en la venta de propiedad personal comprada en Filipinas...

Accounting