Menu
IND AS 109 DEBT FVTPL
Can anyone tell me how to Account for interest in books, for Bond classified as Asset Fair value through Profit and loss? As every quarter Bond carrying amount will be arrived at Fair value?
Replies (1)
FVTPL is a trading instrument held for investment purposes. It has gains or losses due to revaluations. Then for issued debt, the discounted PV amounts are taken to profit and loss. The interest received is taken to profit and loss as well. Yes, it can be fair value or amortised cost model.
Recent Topics :
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
Related Topics :
CAclubindia
