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How do you classify financial assets and what are the accounting treatments for different categories?
in IAS 39 - Financial Instruments: Recognition and Measurement by Level 2 Member (3.9k points)
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There are 04 types
(1)     Financial assets at fair value through profit or loss;
(2)     Held-to-maturity investments;
(3)      Loans and receivables; and
(4)     Available-for-sale financial assets.
Reference - IAS 39

Check this financial instruments summary for more details.

by Level 1 Member (2.1k points)
edited by


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