In this section, we’ll explain the accounting of financial instruments. By the end of this section, you’ll be able to develop sound concepts related to investments in financial instruments, their classifications, accounting of financial assets, financial liabilities and derivatives.
Following chapters are included in this section:
- Introduction to financial instruments
- Types of financial instruments
- Classification of financial assets
- Financial assets at amortized cost
- Financial assets at FVOCI
- Financial assets at FVTPL
- Impairment of financial assets – ECL approach
- ECL model vs incurred loss model
- Derecognition of financial assets
- Introduction to financial liabilities
- Classification of financial liabilities
- Financial liabilities at amortized cost
- Deep-discount bonds
- Preference shares
- Compound financial instruments
- Financial liabilities at FVTPL
- Rescheduling of debt
- Derivatives