Financial asset and LATAM: Difference between pages

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A financial asset is an asset whose value is dependent on the obligation of another person or entity.
Latin America.




IAS 32 defines a financial asset as an asset that is <u>any of</u> the following:
==See also==
*[[Argentina]]
*[[Brazil]]
*[[Mexico]]
*[[NALA]]


:'''1.''' Cash; <u>or</u>
[[Category:The_business_context]]
 
:'''2.''' An equity instrument of another entity; <u>or</u>
 
:'''3.''' A contractual right to:
:*Receive cash or another financial asset from another entity; <u>or</u>
:*Exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the reporting entity; <u>or</u>
 
:'''4.''' A contract that will or may be settled in the reporting entity's own equity instruments and is <u>either</u>:
:*A non-derivative for which the entity is or may be obliged to receive a variable number of the entity's own equity instruments; <u>or</u>
:*A derivative that will or may be settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity's own equity instruments.
 
 
== See also ==
* [[Amortised cost]]
* [[Assets]]
* [[Entity]]
* [[Equity instrument]]
* [[Financial instrument]]
* [[Financial liability]]
* [[IAS 32]]
* [[Reporting entity]]

Latest revision as of 17:27, 1 July 2022

Latin America.


See also