Methods for measurement of Financial Assets & Financial Liabilities

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..... ll maturity. i.e., Intention to collect only contractual cash flows (Interest & Principal). * Fair Value through other comprehensive income [FVTOCI] - Financial Assets held for some specific time period and to sell it before maturity i.e., Intention to collect contractual cash flows & Cash Flow from Sales of Asset. * Fair Value through Profit or Loss [FVTPL] - Financial Assets are held with ob .....

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..... ition all financial liabilities are measured at Fair Value. Subsequently, Financial Liabilities are generally measured at Amortised Cost Method (ACM) only. Note:- Only following 2 Financial Liabilities should be measured at FVTPL - * Derivative Financial Liability, liabilities that meet the definition of "held for trading". * Financial Guarantee
Manuals, Ready reckoner, Law and practice, R .....

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