AASB 139 Financial Instruments: Recognition and Measurement, requires that 'held-to-maturity' investments be initially measured at:
A) fair value.
B) fair value plus transaction costs.
C) discounted future cash outflows.
D) discounted future net cash flows.

Question

Quizplus · Accepted Answer

Held-to-maturity investments are initially measured at fair value plus transaction costs as per AASB 139.

AASB 139 Financial Instruments: Recognition and Measurement, Requires That 'Held-To-Maturity