Investment in Debt Securities Flashcards

1
Q

What is the measurement of Amortized Cost to FVTPL?

A

Fair Value at Reclass

Difference between Fair Value and Amortized Cost is in P/L

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2
Q

What is the measurement of FVTPL to Amortized Cost?

A

Fair Value at reclassification date becomes the new gross carrying amount.

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3
Q

What is the measurement of Amortized Cost to FVTOCI?

A

Fair Value at Reclass

Difference between Amortized Cost and FVTOCI is in OCI

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4
Q
A
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