Contents
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
- ↑ IFRS Standard 9, Financial Instruments
