FVTOCI and FVTPL: Difference between pages

Revision as of 15:04, 23 April 2015

Fair Value Through the Statement of Profit or Loss.

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-''Financial reporting.''
+Fair Value Through the Statement of Profit or Loss.
-Fair Value Through the statement of Other Comprehensive Income.
-FVTOCI describes an accounting treatment for changes in the fair values of derivative instruments.
-Under FVTOCI, changes in fair value are ''not'' reported as part of profit or loss (earnings) for the period.
-Instead they are reported as part of 'other comprehensive income'.
-The consequence of FVTOCI treatment is to avoid volatility in reported earnings.
 == See also ==
 *[[Fair value]]
-*[[FVTPL]]
+*[[FVTOCI]]
-*[[Statement of profit or loss and other comprehensive income]]
+*[[Statement of profit or loss]]
-* [[IAS 39]]
-* [[IFRS 9]]
-* [[IFRS 9 hedge accounting reforms: a closer reflection of risk management?]]
-* [[IFRS 13]]
-* [[Statement of comprehensive income]]