Other
FAC3762 - Template (Financial Instruments)
- Course
- Institution
Excel document containing a template for the course content covered in FAC3762.
[Show more]
Seller
Follow
jodene939
Content preview
Financial instruments - ClassificationFINANCIAL ASSETS
The classification and subsequent measurement of a financial asset shall be based on both:
1.) the ntity's business model for managing financial assets; and
2.) the contractual cash-flow characteristics of the financial asset.
Amortised cost:
1.) Business model is to hold FA to collect CF's.
2.) CF's are solely payments of interest and principle on amount outstanding.
Fair value through profit or loss:
1.) FA is measured as FA@P/L, unless measured as FA@AC or FA@OCI.
2.) Entity elects to measure as FA@P/L.
'3.) Dividends are recognized in P/L.
Fair value through other comprehensive income: (Equity instrument)
1.) Entity elects to measure as FA@OCI.
2.) Equity instruments are not held for trading.
3.) Dividends are recognized in P/L, unless dividend is a recovery part of the cost of the investment.
,Amortisation Table - Payments concurrent with year-end
Opening Balance Interest Principle Payments Closing Balance
Date
(a) (b) (c) (d) = (b) + ( c ) ( e ) = (a) - ( c )
2021
2022 - -
2023 - -
2024 - -
2025 - -
2026 - -
- - - - -
Amortisation Table - Payments not concurrent with year-end
Opening Balance Interest Principle Payments Closing Balance
Date
(a) (b) (c) (d) = (b) + ( c ) ( e ) = (a) - ( c )
2020/05/01
2020/10/31 - -
2020/12/31 - -
2021/04/30 - -
2021/10/31 - -
2021/12/31 - -
2022/04/30 - -
2022/10/31 - -
2022/12/31 - -
2023/04/30 - -
- - - - -
*** If payments not concurrent with YE, split interest in proportion to months.
, PV Calculated
1-1 AMORT
2-2 AMORT
3-3 AMORT
4-4 AMORT
5-5 AMORT
1-1 AMORT
2-2 AMORT
3-3 AMORT
4-4 AMORT
5-5 AMORT
6-6 AMORT
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller jodene939. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.66. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76799 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now