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FVPL

It stands for fair value through profit and loss (FVTPL); a method of measuring financial assets/ financial liabilities whereby changes...

Designation of a Liability at FVTPL

A liability (financial liability) is typically classified and measured at amortized cost. However, a liability may also be classified and...

Transaction Costs

The costs that are incurred by an entity in selling an asset or transferring a liability in the principal market...

Fair Value Through Income Statement

A method of measuring financial assets/ financial liabilities whereby changes in fair value (for those items measured at fair value)...

FVTIS

It stands for fair value through income statement; a method of measuring financial assets/ financial liabilities whereby changes in fair...

Available For Sale

A designation of a financial asset that is classified as available for sale on initial recognition. This entails that such...

AFS

It stands for available for sale; a designation of a financial asset that is classified as available for sale on...

FVTE

An acronym for fair value through equity; a method (measurement base) of measuring financial assets/ financial liabilities whereby changes in...

Fair Value Through Equity

A method (measurement base) of measuring financial assets/ financial liabilities whereby changes in fair value / fair value gains or...

Fair Value Through Profit and Loss

A method of measuring financial assets/ financial liabilities whereby changes in fair value (for those items measured at fair value)...