IFRS 9 Financial Instruments Flashcards
1
Q
Business model assessment
A
2
Q
Contractual cash flows assessment
A
3
Q
Party to contract
A
Initial recogniton
4
Q
Fair value (plus minus transaction costs)
A
Initial measurement
5
Q
Amortized cost, FVPL, FVOCI (equity vs debt instruments), irrevocable recognition
A
6
Q
Impairment, three stage model
A
7
Q
Short-term vs long-term trade receivables
A
8
Q
Loan commitments and financial guarantees
A
9
Q
Financial liabilities: amortized cost, FVPL
A
10
Q
Embedded derivatives
A
hybrid contract
11
Q
Derecognition
A
12
Q
A
