Companies reporting under IFRS will report all investments in debt instruments at amortized cost.

Name: Companies reporting under IFRS will report all investments in debt instruments at amortized cost.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Under IFRS, companies can report investments in debt instruments either at amortized cost or at fair value through other comprehensive income (FVOCI), depending on the business model for managing the financial assets and the cash flow characteristics of the asset.

Companies Reporting Under IFRS Will Report All Investments in Debt