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Financial asset (reclassification (fair value (<-- (amortized cost…
Financial asset
reclassification
fair value
<--
amortized cost
even the asset will be sold
not for financial liability!!
cost
lose future potential gain
benefit
avoid future fair value losses
initial measurement
recognize
entity becomes party
contractual provision instrument
3 caterories
amortized cost
fair value through other comprehensive income
faire value through profit or loss
measure
fair value
+
transaction costs
classification
subsequent measurement
amortized cost
only impairments loss
FVTPL
value movement
income statement
no impairment
FVOCI
value movement
OCI
impairment
in income statement
impairement
old
incurred loss model
book impairment
only when happening
new
Expected credit loss model
impairment before happening
2 measuremnt
12-month ECL
no significant deterioration
credit quality
probability * amount within next month
1 more item...
lifetime ECL
significant increase
credit risk
probability increase
1 more item...
amount increase
loss allowance
measured at amortized cost
each year
increase credit loss
adjust provision
no increase
amount = 12-mont ECL
apply
inversement debt
amortized cost
FVOCI
loan commitments
not FVTPL
financial guarantee contract
not FVTPL
lease receivable
IAS 17
IFRS 15
