Economics · Financial Accounting Standards
How does IFRS 9 Financial Instruments require investments in equity instruments to be measured and accounted for (in the absence of any election at initial recognition)?
- 1Amortised cost with changes going through other comprehensive income
- 2Fair value with changes going through other comprehensive income
- 3Amortised cost with changes going through profit or loss
- 4Fair value with changes going through profit or loss✓
Correct answer
Fair value with changes going through profit or loss
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