FVPL

From Open Risk Manual

FVPL

Fair value through profit or loss is an accounting method for financial assets and liabilities

IFRS 9 Scope

A financial liability that meets one of the following conditions[1]:

  • it meets the definition of held for trading.
  • upon initial recognition it is designated by the entity as at fair value through profit or loss in accordance with paragraph 4.2.2 or 4.3.5 of the Standard
  • it is designated either upon initial recognition or subsequently as at fair value through profit or loss in accordance with paragraph 6.7.1 of the Standard

See Also

References

  1. IFRS Standard 9, Financial Instruments