alleryStart learning →By default, how are equity instruments and derivatives reported under IFRS 9?
AAt amortized cost basis
BAt FVOCI with recycling
CAt cost less impairment
DAt fair value through P&L
Answer & Solution
Correct answer: D. At fair value through P&L
Equity instruments and derivatives cannot pass the principal-and-interest test, so they go to FVPL unless an equity OCI election applies.
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