• Register
Search IFRS Questions / Answers




Welcome to IFRSanswer Forum, where you can ask questions and receive answers. Although you need not be a member to ask questions or provide answers, we invite you to register an account and be a member of our community for mutual help. You can register with your email or with facebook login few seconds

Get IFRSanswer App

Forensic Accounting

How do you classifiy financial assets?


How do you classify financial assets and what are the accounting treatments for different categories?

asked Nov 24, 2012 in IAS 39 - Financial Instruments: Recognition and Measurement by AndyK Level 2 Member (3,850 points)
retagged Feb 16, 2013 by Mysio

1 Answer

0 votes

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.

answered Nov 25, 2012 by Hameez Level 1 Member (2,070 points)
edited Jun 22, 2013 by Mysio



...