M04 - Financial Instruments / Share-based Payments / Subsequent Events Flashcards
1
Q
ASPE: subsequent measurement requirements for FV (arms length)
A
Actively traded instrument
Derivative
2
Q
ASPE: subsequent measurement requirements for cost less impairment (arms length)
A
Equity instruments NOT actively traded
3
Q
Types of subsequent measurement methods under asp?
A
FV
Cost less impairment
Amortized cost
4
Q
What are the interest rate methods under ASPE?
A
Effective interest rate method OR straight line method
