KnowCardAdvanced Accounting (Canada) · Equity Investments: Classification & Fair Value
How does IFRS 13 define fair value?
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When is a FVTPL investment classified as a current asset vs noncurrent?
For a FVTPL equity investment, where are unrealized/realized gains, losses, and dividends reported?
What is the key difference in OCI recycling between the old IAS 39 fair-value-through-OCI treatment and IFRS 9 FVTOCI?
What distinguishes a strategic from a nonstrategic equity investment?
Before fair-value reporting was introduced, how were equity investments generally reported, and what was the asymmetry?
How are nonstrategic equity investments measured under ASPE (§3856), and what about OCI?